Vigilant Capital Management LLC increased its stake in Weyerhaeuser Company (NYSE:WY) by 11.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 272,824 shares of the real estate investment trust’s stock after buying an additional 27,967 shares during the period. Vigilant Capital Management LLC’s holdings in Weyerhaeuser were worth $9,140,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP raised its position in shares of Weyerhaeuser by 2.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 302,962 shares of the real estate investment trust’s stock valued at $9,118,000 after buying an additional 7,182 shares during the last quarter. Gulf International Bank UK Ltd raised its position in shares of Weyerhaeuser by 1.4% in the first quarter. Gulf International Bank UK Ltd now owns 239,555 shares of the real estate investment trust’s stock valued at $8,140,000 after buying an additional 3,300 shares during the last quarter. National Pension Service raised its position in shares of Weyerhaeuser by 0.4% in the first quarter. National Pension Service now owns 634,653 shares of the real estate investment trust’s stock valued at $21,508,000 after buying an additional 2,409 shares during the last quarter. Carroll Financial Associates Inc. raised its position 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 during the last quarter. Finally, Pennsylvania Trust Co raised its position in shares of Weyerhaeuser by 23.2% in the first quarter. Pennsylvania Trust Co now owns 69,584 shares of the real estate investment trust’s stock valued at $2,364,000 after buying an additional 13,100 shares during the last quarter. Institutional investors own 76.21% of the company’s stock.

Weyerhaeuser Company (NYSE WY) traded down 0.25% during mid-day trading on Thursday, hitting $32.35. 503,327 shares of the stock traded hands. Weyerhaeuser Company has a 12-month low of $28.58 and a 12-month high of $35.50. The firm has a market cap of $24.36 billion, a PE ratio of 25.43 and a beta of 1.40. The stock has a 50 day moving average price of $33.21 and a 200 day moving average price of $33.34.

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 net margin of 14.09% and a return on equity of 7.17%. The business had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the previous year, the firm earned $0.17 EPS. The business’s revenue for the quarter was up 9.2% on a year-over-year basis. On average, analysts expect that Weyerhaeuser Company will post $1.05 earnings per share for the current fiscal year.

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Several research analysts have weighed in on WY shares. BMO Capital Markets restated a “buy” rating and set a $36.00 target price on shares of Weyerhaeuser in a research report on Wednesday, April 12th. Royal Bank Of Canada restated a “buy” rating and set a $37.00 target price on shares of Weyerhaeuser in a research report on Tuesday, April 18th. Citigroup Inc. restated a “buy” rating and set a $39.00 target price (up from $38.00) on shares of Weyerhaeuser in a research report on Saturday, April 22nd. ValuEngine upgraded shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, BidaskClub lowered shares of Weyerhaeuser from a “buy” rating to a “hold” rating in a research report on Saturday, June 10th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. Weyerhaeuser has a consensus rating of “Buy” and a consensus target price 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.

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Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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