Alexandria Capital LLC raised its position in shares of Weyerhaeuser Company (NYSE:WY) by 0.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,486 shares of the real estate investment trust’s stock after buying an additional 12 shares during the period. Alexandria Capital LLC’s holdings in Weyerhaeuser were worth $117,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Pinnacle Bank acquired a new stake in Weyerhaeuser during the first quarter worth about $156,000. DnB Asset Management AS increased its stake in Weyerhaeuser by 20.7% in the first quarter. DnB Asset Management AS now owns 77,699 shares of the real estate investment trust’s stock worth $2,640,000 after buying an additional 13,300 shares during the last quarter. OLD Second National Bank of Aurora increased its stake in Weyerhaeuser by 17,880.5% in the first quarter. OLD Second National Bank of Aurora now owns 80,373 shares of the real estate investment trust’s stock worth $2,731,000 after buying an additional 79,926 shares during the last quarter. Peoples Financial Services CORP. increased its stake in Weyerhaeuser by 3.0% in the first quarter. Peoples Financial Services CORP. now owns 58,566 shares of the real estate investment trust’s stock worth $1,989,000 after buying an additional 1,700 shares during the last quarter. Finally, Eagle Ridge Investment Management increased its stake in Weyerhaeuser by 7.6% in the first quarter. Eagle Ridge Investment Management now owns 168,756 shares of the real estate investment trust’s stock worth $5,734,000 after buying an additional 11,865 shares during the last quarter. 76.21% of the stock is currently owned by institutional investors.

Weyerhaeuser Company (NYSE:WY) opened at 32.22 on Friday. The company has a market capitalization of $24.26 billion, a PE ratio of 25.33 and a beta of 1.40. Weyerhaeuser Company has a one year low of $28.58 and a one year high of $35.50. The firm’s 50-day moving average is $33.12 and its 200 day moving average is $33.34.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings data on Friday, July 28th. The real estate investment trust reported $0.28 EPS for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.01. Weyerhaeuser had a return on equity of 7.17% and a net margin of 14.09%. The business had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the previous year, the company posted $0.17 earnings per share. The business’s revenue for the quarter was up 9.2% on a year-over-year basis. On average, equities analysts expect that Weyerhaeuser Company will post $1.05 EPS for the current fiscal year.

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Several equities research analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Weyerhaeuser from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. Citigroup Inc. reissued a “buy” rating and issued a $39.00 target price (up previously from $38.00) on shares of Weyerhaeuser in a research note on Saturday, April 22nd. Royal Bank Of Canada reissued a “buy” rating and issued a $37.00 target price on shares of Weyerhaeuser in a research note on Tuesday, April 18th. BidaskClub raised shares of Weyerhaeuser from a “hold” rating to a “buy” rating in a research note on Wednesday, July 19th. Finally, BMO Capital Markets reissued a “buy” rating and issued a $36.00 target price on shares of Weyerhaeuser in a research note on Wednesday, May 17th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $37.13.

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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