Boston Partners Decreases Stake in Weyerhaeuser (NYSE:WY)

Boston Partners trimmed its position in shares of Weyerhaeuser (NYSE:WY - Free Report) by 99.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,681 shares of the real estate investment trust's stock after selling 6,253,106 shares during the quarter. Boston Partners' holdings in Weyerhaeuser were worth $1,539,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in WY. Assetmark Inc. increased its stake in Weyerhaeuser by 290.9% in the fourth quarter. Assetmark Inc. now owns 1,239 shares of the real estate investment trust's stock valued at $35,000 after purchasing an additional 922 shares in the last quarter. Asset Planning Inc bought a new position in shares of Weyerhaeuser during the 4th quarter worth approximately $36,000. AdvisorNet Financial Inc increased its position in shares of Weyerhaeuser by 41.2% during the 4th quarter. AdvisorNet Financial Inc now owns 1,665 shares of the real estate investment trust's stock valued at $47,000 after purchasing an additional 486 shares during the last quarter. Newbridge Financial Services Group Inc. purchased a new stake in Weyerhaeuser during the fourth quarter worth about $57,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Weyerhaeuser during the 4th quarter worth approximately $60,000. 82.99% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Raymond James raised shares of Weyerhaeuser from a "market perform" rating to an "outperform" rating and set a $32.00 target price on the stock in a report on Monday, December 23rd. 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 price target on the stock in a research note on Wednesday, January 15th. Royal Bank of Canada reissued an "outperform" rating and issued a $36.00 target price on shares of Weyerhaeuser in a research note on Monday, February 3rd. Finally, Cibc World Mkts raised shares of Weyerhaeuser from a "hold" rating to a "strong-buy" rating in a report on Wednesday, January 15th. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $35.00.

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Weyerhaeuser Price Performance

Shares of NYSE:WY traded up $0.21 during mid-day trading on Wednesday, reaching $29.41. The stock had a trading volume of 1,636,084 shares, compared to its average volume of 3,350,250. The company has a market cap of $21.34 billion, a P/E ratio of 53.46, a price-to-earnings-growth ratio of 4.74 and a beta of 1.43. The business's 50 day moving average price is $30.05 and its 200 day moving average price is $30.73. 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 1 year low of $26.73 and a 1 year high of $36.27.

Weyerhaeuser (NYSE:WY - Get Free Report) last announced its earnings results on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share 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%. Research analysts expect that Weyerhaeuser will post 0.78 EPS for the current fiscal year.

Weyerhaeuser Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a $0.84 annualized dividend and a dividend yield of 2.86%. This is a positive change from Weyerhaeuser's previous quarterly dividend of $0.20. Weyerhaeuser's dividend payout ratio (DPR) is currently 152.73%.

Weyerhaeuser 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.