Cambridge Advisors Inc. raised its stake in shares of Weyerhaeuser Company (NYSE:WY) by 0.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,864 shares of the real estate investment trust’s stock after buying an additional 30 shares during the period. Cambridge Advisors Inc.’s holdings in Weyerhaeuser were worth $297,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the stock. First Personal Financial Services increased its stake 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 during the last quarter. Alexandria Capital LLC increased its stake 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 during the last quarter. Gemmer Asset Management LLC increased its stake in Weyerhaeuser by 0.5% in the second quarter. Gemmer Asset Management LLC now owns 4,146 shares of the real estate investment trust’s stock valued at $139,000 after buying an additional 20 shares during the last quarter. First Command Bank increased its stake in 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 during the last quarter. Finally, Carroll Financial Associates Inc. increased its stake 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 during the last quarter. 76.21% of the stock is owned by institutional investors and hedge funds.

Weyerhaeuser Company (NYSE:WY) traded down 0.076% during midday trading on Tuesday, hitting $32.695. The stock had a trading volume of 491,764 shares. Weyerhaeuser Company has a 52 week low of $28.58 and a 52 week high of $35.50. The firm has a 50 day moving average of $33.42 and a 200 day moving average of $33.28. The firm has a market cap of $24.62 billion, a price-to-earnings ratio of 25.704 and a beta of 1.40.

Weyerhaeuser (NYSE:WY) last released its earnings results on Friday, July 28th. The real estate investment trust reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.01. Weyerhaeuser had a return on equity of 7.17% and a net margin of 14.09%. The firm had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the prior year, the firm posted $0.17 earnings per share. The company’s quarterly revenue was up 9.2% on a year-over-year basis. Equities research analysts predict that Weyerhaeuser Company will post $1.04 EPS for the current year.

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WY has been the topic of several recent analyst reports. ValuEngine upgraded Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research cut Weyerhaeuser from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. Citigroup Inc. restated a “buy” rating and set 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 cut Weyerhaeuser from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $36.00 to $35.00 in a research note on Wednesday, July 5th. Finally, BMO Capital Markets restated a “buy” rating and set 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 assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. Weyerhaeuser has a consensus rating of “Buy” and an average 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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