Marshall Wace LLP Buys 203,080 Shares of Weyerhaeuser (NYSE:WY)

Marshall Wace LLP raised its stake in shares of Weyerhaeuser (NYSE:WY - Free Report) by 84.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 444,620 shares of the real estate investment trust's stock after purchasing an additional 203,080 shares during the period. Marshall Wace LLP owned 0.06% of Weyerhaeuser worth $12,516,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Assetmark Inc. raised its stake in Weyerhaeuser by 290.9% during the 4th 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 during the last quarter. Asset Planning Inc bought a new stake in shares of Weyerhaeuser during the fourth quarter valued at approximately $36,000. Lee Danner & Bass Inc. acquired a new position in shares of Weyerhaeuser in the fourth quarter valued at $44,000. Graney & King LLC acquired a new stake in Weyerhaeuser during the fourth quarter worth $44,000. Finally, AdvisorNet Financial Inc raised its stake in shares of Weyerhaeuser by 41.2% in the 4th quarter. AdvisorNet Financial Inc now owns 1,665 shares of the real estate investment trust's stock valued at $47,000 after buying an additional 486 shares in the last quarter. Institutional investors own 82.99% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on WY. JPMorgan Chase & Co. assumed coverage on shares of Weyerhaeuser in a research report on Tuesday, April 8th. They issued an "overweight" rating and a $31.00 price target for the company. CIBC cut their target price on shares of Weyerhaeuser from $35.00 to $32.00 and set an "outperformer" rating for the company in a research note on Tuesday. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $36.00 price target on shares of Weyerhaeuser in a report on Monday, February 3rd. StockNews.com raised Weyerhaeuser from a "sell" rating to a "hold" rating in a report on Thursday, February 6th. Finally, Citigroup lowered their price objective on Weyerhaeuser from $38.00 to $35.00 and set a "buy" rating for the company in a research 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 given a strong buy rating to the company. According to MarketBeat, Weyerhaeuser presently has a consensus rating of "Moderate Buy" and an average target price of $33.75.

Weyerhaeuser Trading Down 2.6 %

Shares of WY stock traded down $0.67 on Friday, reaching $24.83. The company had a trading volume of 4,584,315 shares, compared to its average volume of 3,705,156. The stock has a market cap of $18.02 billion, a PE ratio of 45.15, a PEG ratio of 4.74 and a beta of 1.25. The company has a 50-day moving average of $28.35 and a 200-day moving average of $29.76. 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 12 month low of $24.10 and a 12 month high of $34.03.

Weyerhaeuser (NYSE:WY - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $0.11 earnings per share for the quarter, meeting analysts' consensus estimates of $0.11. Weyerhaeuser had a net margin of 5.56% and a return on equity of 3.86%. The firm had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.80 billion. On average, equities analysts forecast that Weyerhaeuser will post 0.78 earnings per share for the current year.

Weyerhaeuser Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were given a dividend of $0.21 per share. This is a boost from Weyerhaeuser's previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a dividend yield of 3.38%. The ex-dividend date of this dividend was Friday, March 7th. Weyerhaeuser's dividend payout ratio is currently 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.