Dean Investment Associates LLC Invests $2.53 Million in Weyerhaeuser (NYSE:WY)

Dean Investment Associates LLC bought a new stake in shares of Weyerhaeuser (NYSE:WY - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 89,779 shares of the real estate investment trust's stock, valued at approximately $2,527,000.

Several other institutional investors also recently bought and sold shares of WY. Norges Bank purchased a new position in Weyerhaeuser during the 4th quarter valued at about $638,470,000. Cohen & Steers Inc. boosted its stake in shares of Weyerhaeuser by 57.5% during the fourth quarter. Cohen & Steers Inc. now owns 38,928,176 shares of the real estate investment trust's stock worth $1,095,726,000 after buying an additional 14,213,243 shares during the period. Daiwa Securities Group Inc. lifted its stake in shares of Weyerhaeuser by 122.3% in the 4th quarter. Daiwa Securities Group Inc. now owns 4,881,592 shares of the real estate investment trust's stock worth $137,417,000 after acquiring an additional 2,685,634 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Weyerhaeuser in the fourth quarter valued at about $26,206,000. Finally, Sei Investments Co. increased its position in shares of Weyerhaeuser by 30.5% in the fourth quarter. Sei Investments Co. now owns 3,150,216 shares of the real estate investment trust's stock valued at $88,678,000 after buying an additional 736,691 shares in the last quarter. 82.99% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Citigroup dropped their price objective on Weyerhaeuser from $38.00 to $35.00 and set a "buy" rating for the company in a report on Wednesday, January 15th. CIBC decreased their price objective on Weyerhaeuser from $35.00 to $32.00 and set an "outperformer" rating for the company in a research report on Tuesday. StockNews.com raised shares of Weyerhaeuser from a "sell" rating to a "hold" rating in a report on Thursday, February 6th. Royal Bank of Canada reiterated an "outperform" rating and set a $36.00 target price on shares of Weyerhaeuser in a research report on Monday, February 3rd. Finally, Cibc World Mkts upgraded 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, six have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $33.75.

Weyerhaeuser Stock Up 0.5 %

WY stock traded up $0.13 during midday trading on Wednesday, hitting $25.39. The stock had a trading volume of 860,668 shares, compared to its average volume of 3,687,155. Weyerhaeuser has a 52-week low of $24.10 and a 52-week high of $34.03. The business has a 50-day moving average of $28.52 and a two-hundred day moving average of $29.84. The firm has a market cap of $18.43 billion, a price-to-earnings ratio of 46.16, a price-to-earnings-growth ratio of 4.74 and a beta of 1.25. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.79 and a quick ratio of 1.17.

Weyerhaeuser (NYSE:WY - Get Free Report) last issued its earnings results on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, beating 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%. As a group, equities research analysts forecast that Weyerhaeuser will post 0.78 earnings per share for the current fiscal year.

Weyerhaeuser Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were paid a dividend of $0.21 per share. This is a positive change from Weyerhaeuser's previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Friday, March 7th. This represents a $0.84 dividend on an annualized basis and a yield of 3.31%. Weyerhaeuser's dividend payout ratio is presently 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.