LeJeune Puetz Investment Counsel LLC held its stake in Weyerhaeuser Company (NYSE:WY) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,990 shares of the real estate investment trust’s stock at the end of the second quarter. LeJeune Puetz Investment Counsel LLC’s holdings in Weyerhaeuser were worth $100,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. raised its position in shares of Weyerhaeuser by 3,527.2% in the first quarter. BlackRock Inc. now owns 54,673,687 shares of the real estate investment trust’s stock valued at $1,857,812,000 after buying an additional 53,166,351 shares in the last quarter. American Century Companies Inc. raised its position in shares of Weyerhaeuser by 14.3% in the first quarter. American Century Companies Inc. now owns 14,850,349 shares of the real estate investment trust’s stock valued at $504,615,000 after buying an additional 1,858,252 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Weyerhaeuser by 3.4% in the first quarter. Vanguard Group Inc. now owns 47,873,124 shares of the real estate investment trust’s stock valued at $1,626,729,000 after buying an additional 1,553,556 shares in the last quarter. First Eagle Investment Management LLC raised its position in shares of Weyerhaeuser by 3.7% in the first quarter. First Eagle Investment Management LLC now owns 35,579,410 shares of the real estate investment trust’s stock valued at $1,208,988,000 after buying an additional 1,260,154 shares in the last quarter. Finally, FIL Ltd raised its position in shares of Weyerhaeuser by 83.8% in the first quarter. FIL Ltd now owns 2,496,868 shares of the real estate investment trust’s stock valued at $84,843,000 after buying an additional 1,138,318 shares in the last quarter. 76.21% of the stock is owned by institutional investors and hedge funds.

Weyerhaeuser Company (NYSE:WY) traded down 0.25% on Thursday, hitting $32.35. 503,305 shares of the stock were exchanged. The company’s 50 day moving average is $33.21 and its 200 day moving average is $33.34. The stock has a market cap of $24.36 billion, a PE ratio of 25.43 and a beta of 1.40. Weyerhaeuser Company has a 1-year low of $28.58 and a 1-year high of $35.50.

Weyerhaeuser (NYSE:WY) last released its quarterly earnings data on Friday, July 28th. The real estate investment trust reported $0.28 EPS for the quarter, beating 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 for the quarter was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.17 EPS. On average, equities research analysts expect that Weyerhaeuser Company will post $1.05 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: “LeJeune Puetz Investment Counsel LLC Has $100,000 Position in Weyerhaeuser Company (NYSE:WY)” was originally published by Daily Political and is the sole property of of Daily Political. If you are accessing this article on another publication, it was stolen and reposted in violation of US and international trademark & copyright laws. The correct version of this article can be viewed at https://www.dailypolitical.com/2017/08/10/lejeune-puetz-investment-counsel-llc-has-100000-position-in-weyerhaeuser-company-nysewy.html.

WY has been the subject of several recent analyst reports. BMO Capital Markets reissued a “buy” rating and set a $36.00 price objective on shares of Weyerhaeuser in a report on Wednesday, April 12th. Citigroup Inc. reissued a “buy” rating and set a $39.00 price objective (up from $38.00) on shares of Weyerhaeuser in a report on Saturday, April 22nd. Royal Bank Of Canada reissued a “buy” rating and set a $40.00 price objective on shares of Weyerhaeuser in a report on Tuesday, May 23rd. BidaskClub lowered shares of Weyerhaeuser from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. Finally, Bank of America Corporation lowered shares of Weyerhaeuser from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $36.00 to $35.00 in a report on Wednesday, July 5th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $37.13.

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.

Want to see what other hedge funds are holding WY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Weyerhaeuser Company (NYSE:WY).

Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

Receive News & Ratings for Weyerhaeuser Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weyerhaeuser Company and related companies with MarketBeat.com's FREE daily email newsletter.