Robeco Institutional Asset Management B.V. Lowers Position in Weyerhaeuser (NYSE:WY)

Robeco Institutional Asset Management B.V. cut its position in Weyerhaeuser (NYSE:WY - Free Report) by 18.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 152,639 shares of the real estate investment trust's stock after selling 34,506 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Weyerhaeuser were worth $5,168,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Lansing Street Advisors purchased a new stake in shares of Weyerhaeuser in the third quarter worth about $223,000. BSW Wealth Partners acquired a new position in Weyerhaeuser in the third quarter valued at approximately $201,000. Van ECK Associates Corp boosted its position in Weyerhaeuser by 2,221.8% in the 3rd quarter. Van ECK Associates Corp now owns 1,245,633 shares of the real estate investment trust's stock worth $39,674,000 after purchasing an additional 1,191,983 shares in the last quarter. Harbor Capital Advisors Inc. purchased a new stake in Weyerhaeuser during the third quarter worth $148,000. Finally, Hills Bank & Trust Co purchased a new stake in Weyerhaeuser during the third quarter worth $110,000. Hedge funds and other institutional investors own 82.99% of the company's stock.

Weyerhaeuser Trading Up 0.5 %

NYSE:WY traded up $0.15 on Friday, hitting $31.89. The stock had a trading volume of 2,669,594 shares, compared to its average volume of 3,644,370. The company has a fifty day moving average price of $32.24 and a two-hundred day moving average price of $30.80. The company has a quick ratio of 1.41, a current ratio of 2.01 and a debt-to-equity ratio of 0.49. The stock has a market cap of $23.17 billion, a price-to-earnings ratio of 43.09 and a beta of 1.40. Weyerhaeuser has a 1-year low of $26.73 and a 1-year high of $36.27.

Weyerhaeuser (NYSE:WY - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.03. The business had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.70 billion. Weyerhaeuser had a net margin of 7.43% and a return on equity of 4.21%. The business's revenue was down 13.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.33 EPS. Equities research analysts expect that Weyerhaeuser will post 0.46 earnings per share for the current fiscal year.

Weyerhaeuser Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 2.51%. Weyerhaeuser's dividend payout ratio (DPR) is 108.11%.

Insider Buying and Selling at Weyerhaeuser

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

Analyst Ratings Changes

WY has been the topic of several recent analyst reports. Royal Bank of Canada increased their target price on shares of Weyerhaeuser from $34.00 to $37.00 and gave the stock an "outperform" rating in a research note on Monday, July 29th. Citigroup dropped 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 reaffirmed a "market perform" rating and set a $38.00 target price on shares of Weyerhaeuser in a research note on Tuesday, July 30th. Truist Financial lifted their price target on shares of Weyerhaeuser from $31.00 to $34.00 and gave the company a "hold" rating in a research note on Tuesday, October 15th. Finally, Argus upgraded shares of Weyerhaeuser to a "hold" rating in a research report on Friday, August 9th. One 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 currently has a consensus rating of "Hold" and an average price target 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.