Weyerhaeuser (NYSE:WY) Shares Purchased by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership raised its stake in shares of Weyerhaeuser (NYSE:WY - Free Report) by 33.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,851,882 shares of the real estate investment trust's stock after acquiring an additional 460,729 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.25% of Weyerhaeuser worth $52,130,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Townsquare Capital LLC purchased a new stake in Weyerhaeuser in the third quarter valued at approximately $297,000. Public Sector Pension Investment Board grew its stake in shares of Weyerhaeuser by 25.0% in the third quarter. Public Sector Pension Investment Board now owns 126,566 shares of the real estate investment trust's stock valued at $4,286,000 after buying an additional 25,308 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of Weyerhaeuser by 13.6% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 84,245 shares of the real estate investment trust's stock valued at $2,853,000 after buying an additional 10,095 shares during the period. Erste Asset Management GmbH acquired a new position in Weyerhaeuser during the 3rd quarter worth about $1,282,000. Finally, Point72 Asia Singapore Pte. Ltd. boosted its holdings in Weyerhaeuser by 2,452.7% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 14,091 shares of the real estate investment trust's stock valued at $477,000 after acquiring an additional 13,539 shares during the period. 82.99% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on WY. Raymond James upgraded shares of Weyerhaeuser from a "market perform" rating to an "outperform" rating and set a $32.00 price target on the stock in a research note on Monday, December 23rd. Citigroup decreased their price target on shares of Weyerhaeuser from $38.00 to $35.00 and set a "buy" rating for the company in a research report on Wednesday, January 15th. CIBC raised Weyerhaeuser from a "neutral" rating to an "outperformer" rating and set a $35.00 price objective on the stock in a research report on Wednesday, January 15th. StockNews.com upgraded Weyerhaeuser from a "sell" rating to a "hold" rating in a report on Thursday, February 6th. Finally, BMO Capital Markets upgraded Weyerhaeuser from a "market perform" rating to an "outperform" rating and set a $38.00 price target on the stock in a report on Friday, December 6th. Three equities research 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, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $35.00.

Weyerhaeuser Stock Down 7.0 %

NYSE WY traded down $2.06 during trading on Thursday, reaching $27.43. 5,363,687 shares of the company's stock were exchanged, compared to its average volume of 3,639,639. The company has a 50 day moving average price of $29.97 and a two-hundred day moving average price of $30.66. The stock has a market cap of $19.91 billion, a P/E ratio of 49.86, a price-to-earnings-growth ratio of 4.74 and a beta of 1.43. Weyerhaeuser has a 1 year low of $26.73 and a 1 year high of $35.30. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.17 and a current ratio of 1.79.

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

Weyerhaeuser Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.06%. This is an increase from Weyerhaeuser's previous quarterly dividend of $0.20. The ex-dividend date was Friday, March 7th. Weyerhaeuser's dividend payout ratio (DPR) 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.