Advisor Group Inc. lifted its position in shares of Weyerhaeuser Co (NYSE:WY) by 38.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 81,287 shares of the real estate investment trust’s stock after purchasing an additional 22,420 shares during the period. Advisor Group Inc.’s holdings in Weyerhaeuser were worth $2,866,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Ensemble Capital Management LLC lifted its stake in Weyerhaeuser by 36.7% in the 4th quarter. Ensemble Capital Management LLC now owns 14,290 shares of the real estate investment trust’s stock worth $504,000 after purchasing an additional 3,840 shares in the last quarter. Quantitative Investment Management LLC purchased a new stake in Weyerhaeuser in the 4th quarter worth $11,787,000. Nomura Asset Management Co. Ltd. increased its holdings in shares of Weyerhaeuser by 2.7% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 184,932 shares of the real estate investment trust’s stock worth $6,520,000 after buying an additional 4,890 shares during the last quarter. BlueCrest Capital Management Ltd increased its holdings in shares of Weyerhaeuser by 522.7% in the 4th quarter. BlueCrest Capital Management Ltd now owns 89,230 shares of the real estate investment trust’s stock worth $3,146,000 after buying an additional 74,900 shares during the last quarter. Finally, Thrivent Financial For Lutherans increased its holdings in shares of Weyerhaeuser by 51.6% in the 4th quarter. Thrivent Financial For Lutherans now owns 614,381 shares of the real estate investment trust’s stock worth $21,663,000 after buying an additional 209,017 shares during the last quarter. Institutional investors own 76.79% of the company’s stock.

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A number of analysts have recently weighed in on WY shares. Bank of America upgraded shares of Weyerhaeuser from a “neutral” rating to a “buy” rating in a report on Wednesday, January 24th. Zacks Investment Research downgraded shares of Weyerhaeuser from a “buy” rating to a “hold” rating and set a $39.00 target price on the stock. in a report on Saturday, January 13th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Weyerhaeuser presently has an average rating of “Hold” and a consensus price target of $37.44.

In related news, VP Jeanne M. Hillman sold 15,389 shares of the company’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $35.22, for a total transaction of $542,000.58. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.20% of the company’s stock.

Shares of Weyerhaeuser Co (NYSE WY) opened at $35.24 on Thursday. Weyerhaeuser Co has a fifty-two week low of $30.95 and a fifty-two week high of $37.89. The company has a quick ratio of 1.14, a current ratio of 1.47 and a debt-to-equity ratio of 0.70. The firm has a market cap of $26,640.00, a PE ratio of 41.95, a PEG ratio of 5.24 and a beta of 1.43.

Weyerhaeuser (NYSE:WY) last posted its earnings results on Friday, February 2nd. The real estate investment trust reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). The business had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.89 billion. Weyerhaeuser had a return on equity of 9.62% and a net margin of 8.09%. The business’s quarterly revenue was up 14.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.14 earnings per share. research analysts anticipate that Weyerhaeuser Co will post 1.34 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 23rd. Investors of record on Friday, March 2nd will be issued a dividend of $0.32 per share. The ex-dividend date is Thursday, March 1st. This represents a $1.28 annualized dividend and a yield of 3.63%. Weyerhaeuser’s payout ratio is 152.38%.

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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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