Public Employees Retirement Association of Colorado increased its stake in shares of Weyerhaeuser Co (NYSE:WY) by 3.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 150,281 shares of the real estate investment trust’s stock after purchasing an additional 4,757 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Weyerhaeuser were worth $5,299,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Principal Financial Group Inc. lifted its stake in Weyerhaeuser by 110.0% in the third quarter. Principal Financial Group Inc. now owns 2,818,177 shares of the real estate investment trust’s stock valued at $95,903,000 after acquiring an additional 1,476,159 shares during the last quarter. Janus Henderson Group PLC lifted its stake in Weyerhaeuser by 1,559.9% in the second quarter. Janus Henderson Group PLC now owns 1,479,067 shares of the real estate investment trust’s stock valued at $49,550,000 after acquiring an additional 1,389,961 shares during the last quarter. First Eagle Investment Management LLC lifted its stake in Weyerhaeuser by 2.6% in the third quarter. First Eagle Investment Management LLC now owns 37,712,997 shares of the real estate investment trust’s stock valued at $1,283,373,000 after acquiring an additional 951,807 shares during the last quarter. American Century Companies Inc. lifted its stake in Weyerhaeuser by 5.8% in the third quarter. American Century Companies Inc. now owns 17,058,712 shares of the real estate investment trust’s stock valued at $580,508,000 after acquiring an additional 934,684 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Weyerhaeuser by 9.4% in the third quarter. JPMorgan Chase & Co. now owns 9,491,183 shares of the real estate investment trust’s stock valued at $322,797,000 after acquiring an additional 813,226 shares during the last quarter. Institutional investors and hedge funds own 74.79% of the company’s stock.

Shares of Weyerhaeuser Co (NYSE:WY) opened at $33.79 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.47 and a quick ratio of 1.14. Weyerhaeuser Co has a one year low of $30.95 and a one year high of $37.89. The firm has a market cap of $25,510.00, a price-to-earnings ratio of 43.88, a PEG ratio of 5.05 and a beta of 1.42.

Weyerhaeuser (NYSE:WY) last issued its quarterly earnings data on Friday, February 2nd. The real estate investment trust reported $0.31 earnings per share for the quarter, missing the Zacks’ consensus estimate 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 during the quarter, compared to analyst estimates of $1.89 billion. During the same quarter in the previous year, the firm posted $0.14 earnings per share. Weyerhaeuser’s quarterly revenue was up 14.2% compared to the same quarter last year. research analysts anticipate that Weyerhaeuser Co will post 1.37 EPS for the current fiscal year.

In other news, insider Rhonda D. Hunter sold 23,343 shares of the business’s stock in a transaction on Friday, November 24th. The shares were sold at an average price of $36.12, for a total value of $843,149.16. Following the completion of the sale, the insider now directly owns 98,973 shares in the company, valued at $3,574,904.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.20% of the stock is currently owned by insiders.

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

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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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