29,896 Shares in Weyerhaeuser (NYSE:WY) Acquired by Guidance Capital Inc.

Guidance Capital Inc. purchased a new position in Weyerhaeuser (NYSE:WY - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 29,896 shares of the real estate investment trust's stock, valued at approximately $897,000.

A number of other hedge funds have also recently made changes to their positions in the stock. E. Ohman J or Asset Management AB grew its holdings in shares of Weyerhaeuser by 8.0% in the fourth quarter. E. Ohman J or Asset Management AB now owns 33,900 shares of the real estate investment trust's stock worth $954,000 after purchasing an additional 2,500 shares during the last quarter. U.S. Capital Wealth Advisors LLC lifted its stake in Weyerhaeuser by 5.1% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 16,733 shares of the real estate investment trust's stock worth $471,000 after acquiring an additional 806 shares during the period. Everett Harris & Co. CA lifted its stake in Weyerhaeuser by 14.4% in the fourth quarter. Everett Harris & Co. CA now owns 34,657 shares of the real estate investment trust's stock worth $976,000 after acquiring an additional 4,353 shares during the period. Keudell Morrison Wealth Management lifted its stake in Weyerhaeuser by 6.0% in the fourth quarter. Keudell Morrison Wealth Management now owns 17,358 shares of the real estate investment trust's stock worth $489,000 after acquiring an additional 983 shares during the period. Finally, Sonora Investment Management Group LLC lifted its stake in Weyerhaeuser by 56.5% in the fourth quarter. Sonora Investment Management Group LLC now owns 51,785 shares of the real estate investment trust's stock worth $1,458,000 after acquiring an additional 18,698 shares during the period. 82.99% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

WY has been the subject of a number of research reports. Raymond James raised shares of Weyerhaeuser from a "market perform" rating to an "outperform" rating and set a $32.00 price objective for the company in a research note on Monday, December 23rd. Truist Financial lowered their price objective on shares of Weyerhaeuser from $34.00 to $33.00 and set a "hold" rating for the company in a research note on Monday, January 6th. Cibc World Mkts raised shares of Weyerhaeuser from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, January 15th. Royal Bank of Canada reissued an "outperform" rating and set a $36.00 price target on shares of Weyerhaeuser in a research report on Monday, February 3rd. Finally, StockNews.com raised shares of Weyerhaeuser from a "sell" rating to a "hold" rating in a research report on Thursday. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Weyerhaeuser currently has a consensus rating of "Moderate Buy" and a consensus price target of $35.00.

Weyerhaeuser Stock Performance

Shares of Weyerhaeuser stock traded down $0.39 during midday trading on Friday, hitting $30.04. The company had a trading volume of 2,037,231 shares, compared to its average volume of 3,637,051. The stock has a market cap of $21.83 billion, a price-to-earnings ratio of 54.62, a PEG ratio of 4.69 and a beta of 1.42. The company has a quick ratio of 1.17, a current ratio of 1.79 and a debt-to-equity ratio of 0.50. The company has a fifty day simple moving average of $29.54 and a 200 day simple moving average of $30.91. Weyerhaeuser has a 12-month low of $26.73 and a 12-month high of $36.27.

Weyerhaeuser (NYSE:WY - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The real estate investment trust reported $0.11 EPS for the quarter, beating the consensus estimate of $0.07 by $0.04. Weyerhaeuser had a net margin of 5.56% and a return on equity of 3.86%. As a group, analysts predict that Weyerhaeuser will post 0.8 earnings per share for the current fiscal year.

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.