American Assets Capital Advisers LLC Purchases Shares of 22,192 Weyerhaeuser (NYSE:WY)

American Assets Capital Advisers LLC acquired a new position in Weyerhaeuser (NYSE:WY - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 22,192 shares of the real estate investment trust's stock, valued at approximately $625,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Truist Financial Corp boosted its stake in shares of Weyerhaeuser by 2.8% during the 4th quarter. Truist Financial Corp now owns 50,889 shares of the real estate investment trust's stock worth $1,433,000 after acquiring an additional 1,373 shares in the last quarter. Oak Thistle LLC purchased a new position in shares of Weyerhaeuser in the fourth quarter valued at $1,214,000. Sonora Investment Management Group LLC raised its stake in shares of Weyerhaeuser by 56.5% during the 4th quarter. Sonora Investment Management Group LLC now owns 51,785 shares of the real estate investment trust's stock worth $1,458,000 after buying an additional 18,698 shares during the last quarter. Czech National Bank boosted its position in shares of Weyerhaeuser by 6.3% in the 4th quarter. Czech National Bank now owns 157,538 shares of the real estate investment trust's stock worth $4,435,000 after buying an additional 9,377 shares in the last quarter. Finally, Inspire Trust Co. N.A. grew its stake in Weyerhaeuser by 148.2% in the 3rd quarter. Inspire Trust Co. N.A. now owns 125,620 shares of the real estate investment trust's stock valued at $4,253,000 after acquiring an additional 75,000 shares during the last quarter. Institutional investors and hedge funds own 82.99% of the company's stock.

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Wall Street Analyst Weigh In

Several analysts have recently commented on WY shares. Truist Financial lowered their price target on shares of Weyerhaeuser from $34.00 to $33.00 and set a "hold" rating on the stock in a research report on Monday, January 6th. Cibc World Mkts raised Weyerhaeuser from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, January 15th. StockNews.com raised Weyerhaeuser from a "sell" rating to a "hold" rating in a research note on Thursday, February 6th. CIBC raised shares of Weyerhaeuser from a "neutral" rating to an "outperformer" rating and set a $35.00 target price for the company in a research note on Wednesday, January 15th. Finally, Citigroup reduced their target price on shares of Weyerhaeuser from $38.00 to $35.00 and set a "buy" rating on the stock in a report on Wednesday, January 15th. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Weyerhaeuser currently has an average rating of "Moderate Buy" and a consensus target price of $35.00.

Weyerhaeuser Trading Up 0.7 %

Shares of NYSE WY traded up $0.22 on Thursday, reaching $30.13. 3,010,581 shares of the company traded hands, compared to its average volume of 3,356,540. The company has a 50 day moving average of $29.94 and a 200 day moving average of $30.75. The company has a current ratio of 1.79, a quick ratio of 1.17 and a debt-to-equity ratio of 0.50. Weyerhaeuser has a fifty-two week low of $26.73 and a fifty-two week high of $36.27. The stock has a market capitalization of $21.86 billion, a PE ratio of 54.77, a P/E/G ratio of 4.74 and a beta of 1.43.

Weyerhaeuser (NYSE:WY - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.04. Weyerhaeuser had a net margin of 5.56% and a return on equity of 3.86%. On average, equities research analysts forecast that Weyerhaeuser will post 0.78 earnings per share for the current fiscal year.

Weyerhaeuser Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date is Friday, March 7th. This is an increase from Weyerhaeuser's previous quarterly dividend of $0.20. Weyerhaeuser's payout ratio is 152.73%.

Weyerhaeuser Company Profile

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control approximately 11 million acres of timberlands in the U.S. and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards.