Weyerhaeuser Company $WY Position Increased by Grantham Mayo Van Otterloo & Co. LLC

Grantham Mayo Van Otterloo & Co. LLC raised its stake in Weyerhaeuser Company (NYSE:WY) by 442.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 279,600 shares of the real estate investment trust’s stock after buying an additional 228,100 shares during the period. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Weyerhaeuser were worth $6,931,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Tradewinds Capital Management LLC grew its holdings in shares of Weyerhaeuser by 401.3% in the 3rd quarter. Tradewinds Capital Management LLC now owns 1,198 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 959 shares during the last quarter. Cromwell Holdings LLC lifted its holdings in shares of Weyerhaeuser by 58.3% during the third quarter. Cromwell Holdings LLC now owns 1,361 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 501 shares during the last quarter. Operose Advisors LLC acquired a new position in shares of Weyerhaeuser in the 2nd quarter valued at $41,000. Optiver Holding B.V. acquired a new position in shares of Weyerhaeuser in the 3rd quarter valued at $42,000. Finally, Hantz Financial Services Inc. boosted its position in shares of Weyerhaeuser by 69.7% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,909 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 784 shares during the period. 82.99% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Sara Grootwassink Lewis bought 4,500 shares of Weyerhaeuser stock in a transaction that occurred on Wednesday, December 17th. The stock was purchased at an average cost of $23.61 per share, for a total transaction of $106,245.00. Following the acquisition, the director owned 25,978 shares in the company, valued at $613,340.58. This trade represents a 20.95% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director James Calvin O’rourke bought 4,000 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were bought at an average cost of $25.35 per share, with a total value of $101,400.00. Following the transaction, the director directly owned 28,661 shares of the company’s stock, valued at approximately $726,556.35. This trade represents a 16.22% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought a total of 28,500 shares of company stock valued at $721,645 in the last quarter. Company insiders own 0.27% of the company’s stock.

Weyerhaeuser Trading Down 0.2%

Shares of NYSE:WY opened at $24.45 on Tuesday. The company has a current ratio of 1.29, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $17.62 billion, a PE ratio of 55.57 and a beta of 1.03. Weyerhaeuser Company has a 1 year low of $21.16 and a 1 year high of $31.12. The firm has a fifty day moving average price of $25.65 and a 200 day moving average price of $24.42.

Weyerhaeuser (NYSE:WY) last posted its earnings results on Thursday, January 29th. The real estate investment trust reported ($0.09) earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.04. Weyerhaeuser had a return on equity of 1.50% and a net margin of 4.69%.The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same period last year, the company earned $0.11 earnings per share. The business’s revenue was down 9.8% compared to the same quarter last year. Analysts expect that Weyerhaeuser Company will post 0.78 EPS for the current fiscal year.

Weyerhaeuser Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Tuesday, March 10th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Tuesday, March 10th. Weyerhaeuser’s dividend payout ratio (DPR) is presently 190.91%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on WY shares. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Weyerhaeuser in a report on Friday, December 12th. New Street Research set a $28.00 target price on shares of Weyerhaeuser in a report on Friday, December 12th. Citigroup lifted their target price on shares of Weyerhaeuser from $30.00 to $32.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Bank of America restated a “neutral” rating and set a $26.00 price target (down from $29.00) on shares of Weyerhaeuser in a report on Monday, November 17th. Finally, UBS Group reaffirmed a “buy” rating on shares of Weyerhaeuser in a research note on Monday, December 15th. Six analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $28.88.

About Weyerhaeuser

Weyerhaeuser Company (NYSE: WY) is a leading integrated forest products company whose core businesses are timberland ownership and forest products manufacturing. The company owns and manages large tracts of timberland and harvests, processes and sells wood and wood-derived products used primarily in residential and industrial construction. Its manufacturing operations produce a range of building materials, including lumber, engineered wood products and wood panels, alongside fiber-based products that serve multiple commercial applications.

Founded in 1900 by Frederick Weyerhaeuser and headquartered in Seattle, Washington, the company has a long history in the North American forest products industry.