Weyerhaeuser Co (NYSE:WY) VP Jeanne M. Hillman sold 15,389 shares of the firm’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $35.22, for a total value of $542,000.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Weyerhaeuser Co (NYSE:WY) opened at $35.03 on Thursday. Weyerhaeuser Co has a 1-year low of $30.95 and a 1-year high of $37.89. The company has a current ratio of 1.47, a quick ratio of 1.14 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $26,440.00, a PE ratio of 41.70, a P/E/G ratio of 5.32 and a beta of 1.42.
Weyerhaeuser (NYSE:WY) last posted its quarterly earnings results on Friday, February 2nd. The real estate investment trust reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). Weyerhaeuser had a return on equity of 9.62% and a net margin of 8.09%. The business had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.89 billion. During the same quarter in the previous year, the business posted $0.14 EPS. The company’s revenue for the quarter was up 14.2% on a year-over-year basis. analysts forecast that Weyerhaeuser Co will post 1.34 EPS for the current fiscal year.
Several brokerages have recently weighed in on WY. Zacks Investment Research upgraded Weyerhaeuser from a “sell” rating to a “hold” rating in a report on Tuesday. TheStreet upgraded Weyerhaeuser from a “c+” rating to a “b-” rating in a report on Wednesday, November 8th. Argus raised their price objective on Weyerhaeuser from $37.00 to $39.00 and gave the company a “buy” rating in a report on Thursday, November 2nd. Finally, Bank of America upgraded Weyerhaeuser from a “neutral” rating to a “buy” rating in a report on Wednesday, January 24th. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $37.44.
Institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP lifted its position in Weyerhaeuser by 4.6% during the second quarter. Dimensional Fund Advisors LP now owns 325,599 shares of the real estate investment trust’s stock worth $10,906,000 after acquiring an additional 14,267 shares during the last quarter. First Trust Advisors LP lifted its position in Weyerhaeuser by 2.2% during the third quarter. First Trust Advisors LP now owns 142,698 shares of the real estate investment trust’s stock worth $4,856,000 after acquiring an additional 3,139 shares during the last quarter. Aperio Group LLC lifted its position in Weyerhaeuser by 4.6% during the third quarter. Aperio Group LLC now owns 319,067 shares of the real estate investment trust’s stock worth $10,858,000 after acquiring an additional 14,027 shares during the last quarter. Calamos Advisors LLC lifted its position in Weyerhaeuser by 3.8% during the third quarter. Calamos Advisors LLC now owns 104,111 shares of the real estate investment trust’s stock worth $3,543,000 after acquiring an additional 3,816 shares during the last quarter. Finally, Fort Pitt Capital Group LLC acquired a new stake in Weyerhaeuser during the third quarter worth approximately $243,000. Institutional investors and hedge funds own 74.53% of the company’s stock.
Weyerhaeuser Company Profile
Weyerhaeuser Company is a timber, land and forest products company. As of December 31, 2016, the Company owned or controlled 13.1 million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. The Company’s segments include Timberlands; Real Estate, Energy and Natural Resources (Real Estate & ENR), and Wood Products.
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