Weyerhaeuser (NYSE:WY) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. trimmed its stake in shares of Weyerhaeuser (NYSE:WY - Free Report) by 61.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,100 shares of the real estate investment trust's stock after selling 94,539 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Weyerhaeuser were worth $1,636,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of WY. Oakworth Capital Inc. purchased a new position in shares of Weyerhaeuser in the third quarter worth about $25,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in Weyerhaeuser by 4,884.2% in 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 in the last quarter. Bangor Savings Bank boosted its holdings in shares of Weyerhaeuser by 140.3% during the 3rd quarter. Bangor Savings Bank now owns 1,115 shares of the real estate investment trust's stock worth $38,000 after purchasing an additional 651 shares during the last quarter. Meeder Asset Management Inc. grew its position in shares of Weyerhaeuser by 172.4% in the third quarter. Meeder Asset Management Inc. now owns 1,136 shares of the real estate investment trust's stock valued at $38,000 after purchasing an additional 719 shares in the last quarter. Finally, Northwest Investment Counselors LLC purchased a new position in Weyerhaeuser during the third quarter worth approximately $45,000. Institutional investors and hedge funds own 82.99% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on WY. Truist Financial cut their target price on Weyerhaeuser from $34.00 to $33.00 and set a "hold" rating for the company in a research note on Monday, January 6th. CIBC upgraded shares of 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 raised shares of Weyerhaeuser from a "sell" rating to a "hold" rating in a research note on Thursday. Royal Bank of Canada reiterated an "outperform" rating and issued a $36.00 price objective on shares of Weyerhaeuser in a report on Monday. Finally, Raymond James raised 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 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.com, the company has a consensus rating of "Moderate Buy" and an average target price of $35.00.

Weyerhaeuser Stock Down 1.3 %

Weyerhaeuser stock traded down $0.39 during mid-day trading on Friday, reaching $30.04. 2,037,231 shares of the company's stock were exchanged, compared to its average volume of 3,638,813. The company has a fifty day moving average of $29.58 and a 200-day moving average of $30.92. The company has a market cap of $21.83 billion, a P/E ratio of 54.62 and a beta of 1.42. The company has a quick ratio of 1.17, a current ratio of 1.79 and a debt-to-equity ratio of 0.50. Weyerhaeuser has a twelve month low of $26.73 and a twelve month high of $36.27.

Weyerhaeuser (NYSE:WY - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, beating 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%. Sell-side analysts expect that Weyerhaeuser will post 0.84 EPS for the current year.

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.