Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its stake in Weyerhaeuser Co (NYSE:WY) by 3.7% during the fourth quarter, Holdings Channel reports. The fund owned 115,879 shares of the real estate investment trust’s stock after purchasing an additional 4,094 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Weyerhaeuser were worth $4,126,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WY. Trust Co. of Vermont increased its holdings in shares of Weyerhaeuser by 4.3% in the 3rd quarter. Trust Co. of Vermont now owns 78,401 shares of the real estate investment trust’s stock worth $2,668,000 after buying an additional 3,231 shares during the last quarter. Eagle Ridge Investment Management increased its holdings in shares of Weyerhaeuser by 3.0% in the 4th quarter. Eagle Ridge Investment Management now owns 189,348 shares of the real estate investment trust’s stock worth $6,676,000 after buying an additional 5,439 shares during the last quarter. Atlantic Trust Group LLC increased its holdings in shares of Weyerhaeuser by 8.2% in the 3rd quarter. Atlantic Trust Group LLC now owns 359,958 shares of the real estate investment trust’s stock worth $12,249,000 after buying an additional 27,233 shares during the last quarter. Asset Management One Co. Ltd. increased its holdings in shares of Weyerhaeuser by 0.6% in the 3rd quarter. Asset Management One Co. Ltd. now owns 1,197,067 shares of the real estate investment trust’s stock worth $40,735,000 after buying an additional 7,084 shares during the last quarter. Finally, Schroder Investment Management Group increased its holdings in shares of Weyerhaeuser by 11.8% in the 3rd quarter. Schroder Investment Management Group now owns 184,820 shares of the real estate investment trust’s stock worth $6,286,000 after buying an additional 19,570 shares during the last quarter. Institutional investors own 74.79% of the company’s stock.

A number of equities analysts recently commented on WY shares. Stephens started coverage on shares of Weyerhaeuser in a research note on Tuesday, October 24th. They set an “equal weight” rating and a $35.00 price target for the company. Argus lifted their price target on shares of Weyerhaeuser from $37.00 to $39.00 and gave the stock a “buy” rating in a research note on Thursday, November 2nd. TheStreet raised shares of Weyerhaeuser from a “c+” rating to a “b-” rating in a research note on Wednesday, November 8th. Zacks Investment Research cut shares of Weyerhaeuser from a “buy” rating to a “hold” rating and set a $40.00 price target for the company. in a research note on Saturday, January 6th. Finally, Bank of America raised shares of Weyerhaeuser from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 24th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Weyerhaeuser has a consensus rating of “Hold” and a consensus target price of $37.44.

Weyerhaeuser Co (NYSE:WY) opened at $33.79 on Friday. Weyerhaeuser Co has a 52 week low of $30.95 and a 52 week high of $37.89. The company has a current ratio of 1.47, a quick ratio of 1.14 and a debt-to-equity ratio of 0.70. The company has a market cap of $25,510.00, a PE ratio of 43.88, a P/E/G ratio of 5.05 and a beta of 1.42.

Weyerhaeuser (NYSE:WY) last released its quarterly earnings results on Friday, February 2nd. The real estate investment trust reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). Weyerhaeuser had a return on equity of 9.62% and a net margin of 8.09%. The firm had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.89 billion. During the same period in the prior year, the firm posted $0.14 earnings per share. Weyerhaeuser’s revenue for the quarter was up 14.2% on a year-over-year basis. analysts predict that Weyerhaeuser Co will post 1.37 earnings per share for the current year.

In other Weyerhaeuser news, insider Rhonda D. Hunter sold 45,939 shares of the business’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $35.72, for a total value of $1,640,941.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Rhonda D. Hunter sold 23,343 shares of the business’s stock in a transaction dated Friday, November 24th. The shares were sold at an average price of $36.12, for a total transaction of $843,149.16. Following the completion of the sale, the insider now directly owns 98,973 shares of the company’s stock, valued at $3,574,904.76. The disclosure for this sale can be found here. 1.20% of the stock is owned by insiders.

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Weyerhaeuser 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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