SeaBridge Investment Advisors LLC raised its stake in shares of Weyerhaeuser Company (NYSE:WY) by 0.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 265,809 shares of the real estate investment trust’s stock after buying an additional 1,043 shares during the period. Weyerhaeuser comprises 2.1% of SeaBridge Investment Advisors LLC’s investment portfolio, making the stock its 4th largest position. SeaBridge Investment Advisors LLC’s holdings in Weyerhaeuser were worth $8,905,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of WY. First Personal Financial Services raised its position in Weyerhaeuser by 90.7% in the first quarter. First Personal Financial Services now owns 3,195 shares of the real estate investment trust’s stock valued at $109,000 after buying an additional 1,520 shares in the last quarter. Alexandria Capital LLC raised its position in Weyerhaeuser by 0.3% in the first quarter. Alexandria Capital LLC now owns 3,474 shares of the real estate investment trust’s stock valued at $118,000 after buying an additional 12 shares in the last quarter. Gemmer Asset Management LLC raised its position in Weyerhaeuser by 112.2% in the first quarter. Gemmer Asset Management LLC now owns 4,126 shares of the real estate investment trust’s stock valued at $140,000 after buying an additional 2,182 shares in the last quarter. Chicago Partners Investment Group LLC raised its position in Weyerhaeuser by 137.1% in the first quarter. Chicago Partners Investment Group LLC now owns 4,151 shares of the real estate investment trust’s stock valued at $141,000 after buying an additional 2,400 shares in the last quarter. Finally, Carroll Financial Associates Inc. raised its position in Weyerhaeuser by 74.2% in the first quarter. Carroll Financial Associates Inc. now owns 4,160 shares of the real estate investment trust’s stock valued at $141,000 after buying an additional 1,772 shares in the last quarter. Institutional investors own 76.45% of the company’s stock.

Weyerhaeuser Company (NYSE WY) traded down 0.24% during trading on Friday, reaching $32.78. The company had a trading volume of 1,894,373 shares. The company has a market capitalization of $24.68 billion, a P/E ratio of 25.77 and a beta of 1.40. Weyerhaeuser Company has a 12 month low of $28.58 and a 12 month high of $35.50. The stock has a 50 day moving average of $33.42 and a 200-day moving average of $33.28.

Weyerhaeuser (NYSE:WY) last released its quarterly earnings results on Friday, July 28th. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.01. The company had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.81 billion. Weyerhaeuser had a return on equity of 7.17% and a net margin of 14.09%. The firm’s revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.17 EPS. Equities research analysts expect that Weyerhaeuser Company will post $1.03 EPS for the current fiscal year.

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Several research firms have recently weighed in on WY. ValuEngine raised Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research lowered Weyerhaeuser from a “buy” rating to a “hold” rating in a research note on Wednesday. Citigroup Inc. reaffirmed a “buy” rating and issued a $39.00 price objective (up from $38.00) on shares of Weyerhaeuser in a research note on Saturday, April 22nd. Bank of America Corporation lowered Weyerhaeuser from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $36.00 to $35.00 in a research note on Wednesday, July 5th. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $36.00 price objective on shares of Weyerhaeuser in a research note on Friday, June 23rd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. Weyerhaeuser currently has a consensus rating of “Buy” and a consensus price target of $36.67.

About Weyerhaeuser

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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Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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