Trust Co. of Vermont increased its stake in shares of Weyerhaeuser Company (NYSE:WY) by 11.1% during the second quarter, Holdings Channel reports. The institutional investor owned 75,170 shares of the real estate investment trust’s stock after buying an additional 7,498 shares during the period. Trust Co. of Vermont’s holdings in Weyerhaeuser were worth $2,518,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. First Personal Financial Services boosted its stake in shares of 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 boosted its stake in shares of 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 boosted its stake in shares of 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. First Command Bank boosted its stake in shares of Weyerhaeuser by 73.1% in the second quarter. First Command Bank now owns 4,178 shares of the real estate investment trust’s stock valued at $140,000 after buying an additional 1,765 shares in the last quarter. Finally, Carroll Financial Associates Inc. boosted its stake in shares of 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. Hedge funds and other institutional investors own 76.21% of the company’s stock.

Shares of Weyerhaeuser Company (WY) traded down 0.534% on Monday, hitting $32.605. The stock had a trading volume of 361,011 shares. The stock has a market capitalization of $24.55 billion, a P/E ratio of 25.633 and a beta of 1.40. The firm has a 50-day moving average price of $33.42 and a 200-day moving average price of $33.28. Weyerhaeuser Company has a 52 week low of $28.58 and a 52 week high of $35.50.

Weyerhaeuser (NYSE:WY) last issued its earnings results on Friday, July 28th. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.01. The company had revenue of $1.81 billion for 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 quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the company earned $0.17 EPS. Equities analysts expect that Weyerhaeuser Company will post $1.04 earnings per share for the current fiscal year.

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Several equities research analysts have recently weighed in on WY shares. Zacks Investment Research upgraded Weyerhaeuser from a “hold” rating to a “buy” rating and set a $38.00 price target on the stock in a research report on Friday, July 7th. Royal Bank Of Canada reiterated a “buy” rating and set a $40.00 price target on shares of Weyerhaeuser in a research report on Tuesday, May 23rd. BMO Capital Markets reiterated a “buy” rating and set a $36.00 price target on shares of Weyerhaeuser in a research report on Wednesday, May 17th. Citigroup Inc. reiterated a “buy” rating and set a $39.00 price target (up from $38.00) on shares of Weyerhaeuser in a research report on Saturday, April 22nd. Finally, BidaskClub upgraded Weyerhaeuser from a “hold” rating to a “buy” rating in a research report on Tuesday, June 20th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $36.67.

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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Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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