16,027 Shares in Weyerhaeuser (NYSE:WY) Bought by Equitable Trust Co.

Equitable Trust Co. acquired a new stake in shares of Weyerhaeuser (NYSE:WY - Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 16,027 shares of the real estate investment trust's stock, valued at approximately $543,000.

A number of other large investors have also added to or reduced their stakes in WY. Oakworth Capital Inc. purchased a new position in shares of Weyerhaeuser in the 3rd quarter valued at $25,000. Ridgewood Investments LLC purchased a new position in shares of Weyerhaeuser in the 2nd quarter valued at about $26,000. Itau Unibanco Holding S.A. purchased a new stake in Weyerhaeuser during the 2nd quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Weyerhaeuser by 4,884.2% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 947 shares of the real estate investment trust's stock worth $32,000 after purchasing an additional 928 shares during the last quarter. Finally, Park Place Capital Corp boosted its holdings in shares of Weyerhaeuser by 440.5% during the 2nd quarter. Park Place Capital Corp now owns 1,227 shares of the real estate investment trust's stock worth $35,000 after purchasing an additional 1,000 shares during the last quarter. Hedge funds and other institutional investors own 82.99% of the company's stock.

Insider Buying and Selling at Weyerhaeuser

In other news, Director Albert Monaco bought 31,500 shares of the stock in a transaction on Monday, August 26th. The stock was purchased at an average cost of $31.38 per share, with a total value of $988,470.00. Following the purchase, the director now owns 70,726 shares of the company's stock, valued at approximately $2,219,381.88. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. In other Weyerhaeuser news, Director James Calvin O'rourke acquired 7,800 shares of the stock in a transaction that occurred on Friday, September 13th. The stock was acquired at an average price of $32.01 per share, with a total value of $249,678.00. Following the transaction, the director now directly owns 17,672 shares in the company, valued at approximately $565,680.72. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Albert Monaco acquired 31,500 shares of the stock in a transaction that occurred on Monday, August 26th. The shares were acquired at an average cost of $31.38 per share, with a total value of $988,470.00. Following the transaction, the director now owns 70,726 shares in the company, valued at approximately $2,219,381.88. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.27% of the stock is currently owned by corporate insiders.

Weyerhaeuser Stock Down 1.6 %

Shares of Weyerhaeuser stock traded down $0.50 during trading hours on Monday, reaching $31.39. 1,294,079 shares of the company were exchanged, compared to its average volume of 3,633,588. Weyerhaeuser has a 1 year low of $26.73 and a 1 year high of $36.27. The stock's fifty day moving average is $32.24 and its 200 day moving average is $30.78. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.41 and a current ratio of 2.01. The firm has a market cap of $22.81 billion, a PE ratio of 43.09 and a beta of 1.40.

Weyerhaeuser (NYSE:WY - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.03. The business had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.70 billion. Weyerhaeuser had a return on equity of 4.21% and a net margin of 7.43%. The company's revenue was down 13.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.33 earnings per share. As a group, equities research analysts forecast that Weyerhaeuser will post 0.46 earnings per share for the current year.

Weyerhaeuser Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.55%. Weyerhaeuser's dividend payout ratio (DPR) is 108.11%.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Royal Bank of Canada upped their price objective on Weyerhaeuser from $34.00 to $37.00 and gave the company an "outperform" rating in a report on Monday, July 29th. Citigroup decreased their price objective on Weyerhaeuser from $37.00 to $36.00 and set a "buy" rating on the stock in a report on Tuesday, July 30th. BMO Capital Markets reiterated a "market perform" rating and issued a $38.00 price objective on shares of Weyerhaeuser in a report on Tuesday, July 30th. DA Davidson decreased their price target on Weyerhaeuser from $37.00 to $36.00 and set a "buy" rating on the stock in a research note on Monday, July 29th. Finally, StockNews.com cut Weyerhaeuser from a "hold" rating to a "sell" rating in a research note on Monday, October 28th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $36.33.

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.