Weyerhaeuser (NYSE:WY) Stock Holdings Boosted by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. raised its position in shares of Weyerhaeuser (NYSE:WY - Free Report) by 55.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 670,000 shares of the real estate investment trust's stock after acquiring an additional 240,000 shares during the period. Edmond DE Rothschild Holding S.A. owned approximately 0.09% of Weyerhaeuser worth $18,860,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WY. Norges Bank acquired a new stake in Weyerhaeuser during the 4th quarter worth approximately $638,470,000. Wellington Management Group LLP grew its stake in Weyerhaeuser by 12.7% during the third quarter. Wellington Management Group LLP now owns 35,755,865 shares of the real estate investment trust's stock worth $1,210,694,000 after buying an additional 4,035,048 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Weyerhaeuser by 257.2% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,472,451 shares of the real estate investment trust's stock worth $151,437,000 after buying an additional 3,220,235 shares during the period. Daiwa Securities Group Inc. increased its position in shares of Weyerhaeuser by 122.3% in the fourth 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 in the last quarter. Finally, Point72 Asset Management L.P. purchased a new position in shares of Weyerhaeuser in the 3rd quarter valued at $40,773,000. 82.99% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Truist Financial lowered their price target on Weyerhaeuser from $34.00 to $33.00 and set a "hold" rating for the company in a report on Monday, January 6th. Royal Bank of Canada reiterated an "outperform" rating and set a $36.00 target price on shares of Weyerhaeuser in a report on Monday, February 3rd. Citigroup decreased their price target on Weyerhaeuser from $38.00 to $35.00 and set a "buy" rating for the company in a report on Wednesday, January 15th. Cibc World Mkts upgraded shares of Weyerhaeuser from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, January 15th. Finally, Raymond James upgraded shares of Weyerhaeuser from a "market perform" rating to an "outperform" rating and set a $32.00 target price for the company in a research note on Monday, December 23rd. Three investment 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 has an average rating of "Moderate Buy" and an average price target of $35.00.

Weyerhaeuser Stock Performance

WY traded down $2.06 during trading on Thursday, reaching $27.43. 2,995,384 shares of the company were exchanged, compared to its average volume of 3,630,641. The company has a current ratio of 1.79, a quick ratio of 1.17 and a debt-to-equity ratio of 0.50. The stock has a market cap of $19.91 billion, a P/E ratio of 49.85, a PEG ratio of 4.74 and a beta of 1.43. Weyerhaeuser has a 52 week low of $26.73 and a 52 week high of $35.30. The firm has a 50 day moving average of $29.97 and a 200 day moving average of $30.66.

Weyerhaeuser (NYSE:WY - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share (EPS) 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, sell-side analysts forecast that Weyerhaeuser will post 0.78 EPS for the current fiscal year.

Weyerhaeuser Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were issued a $0.21 dividend. The ex-dividend date was Friday, March 7th. This represents a $0.84 annualized dividend and a yield of 3.06%. This is an increase from Weyerhaeuser's previous quarterly dividend of $0.20. Weyerhaeuser's dividend payout ratio is presently 152.73%.

About Weyerhaeuser

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.