Weyerhaeuser (NYSE:WY) Shares Bought by Larson Financial Group LLC

Larson Financial Group LLC lifted its position in shares of Weyerhaeuser (NYSE:WY - Free Report) by 23.9% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 60,385 shares of the real estate investment trust's stock after buying an additional 11,639 shares during the period. Larson Financial Group LLC's holdings in Weyerhaeuser were worth $1,700,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Consolidated Planning Corp acquired a new stake in Weyerhaeuser in the 3rd quarter worth about $223,000. Capital Performance Advisors LLP acquired a new stake in shares of Weyerhaeuser in the third quarter worth approximately $50,000. Equitable Trust Co. acquired a new stake in shares of Weyerhaeuser in the third quarter worth approximately $543,000. Windward Capital Management Co. CA grew its holdings in Weyerhaeuser by 0.7% in the third quarter. Windward Capital Management Co. CA now owns 104,278 shares of the real estate investment trust's stock valued at $3,531,000 after purchasing an additional 720 shares during the period. Finally, Baker Avenue Asset Management LP acquired a new position in Weyerhaeuser during the third quarter worth approximately $361,000. Institutional investors and hedge funds own 82.99% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on WY. Cibc World Mkts upgraded shares of Weyerhaeuser from a "hold" rating to a "strong-buy" rating in a report on Wednesday, January 15th. CIBC upgraded Weyerhaeuser from a "neutral" rating to an "outperformer" rating and set a $35.00 target price on the stock in a report on Wednesday, January 15th. StockNews.com upgraded Weyerhaeuser from a "sell" rating to a "hold" rating in a research note on Thursday, February 6th. Raymond James upgraded Weyerhaeuser from a "market perform" rating to an "outperform" rating and set a $32.00 price objective on the stock in a report on Monday, December 23rd. Finally, BMO Capital Markets upgraded Weyerhaeuser from a "market perform" rating to an "outperform" rating and set a $38.00 target price for the company in a report on Friday, December 6th. Three 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. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $35.00.

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Weyerhaeuser Stock Down 1.1 %

Shares of NYSE:WY traded down $0.33 during mid-day trading on Wednesday, hitting $29.26. 3,960,649 shares of the company traded hands, compared to its average volume of 3,382,345. The firm's 50 day simple moving average is $29.76 and its 200 day simple moving average is $30.80. The firm has a market cap of $21.23 billion, a P/E ratio of 53.19, a PEG ratio of 4.74 and a beta of 1.43. 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 has a 52-week low of $26.73 and a 52-week high of $36.27.

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

Weyerhaeuser Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be given a $0.21 dividend. This is a boost from Weyerhaeuser's previous quarterly dividend of $0.20. This represents a $0.84 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date is Friday, March 7th. Weyerhaeuser's dividend payout ratio is presently 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.