Weyerhaeuser (NYSE:WY) Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC cut its stake in shares of Weyerhaeuser (NYSE:WY - Free Report) by 12.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 73,245 shares of the real estate investment trust's stock after selling 10,621 shares during the quarter. Sowell Financial Services LLC's holdings in Weyerhaeuser were worth $2,062,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of WY. Assetmark Inc. lifted its holdings in shares of Weyerhaeuser by 290.9% during the fourth quarter. Assetmark Inc. now owns 1,239 shares of the real estate investment trust's stock worth $35,000 after purchasing an additional 922 shares during the period. Asset Planning Inc acquired a new stake in shares of Weyerhaeuser during the fourth quarter worth $36,000. Meeder Asset Management Inc. lifted its holdings in 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 acquiring an additional 719 shares during the period. AdvisorNet Financial Inc lifted its holdings in Weyerhaeuser by 41.2% in the fourth quarter. AdvisorNet Financial Inc now owns 1,665 shares of the real estate investment trust's stock valued at $47,000 after acquiring an additional 486 shares during the period. Finally, Capital Performance Advisors LLP acquired a new stake in Weyerhaeuser in the third quarter valued at $50,000. 82.99% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have commented on WY. Citigroup reduced their target price on Weyerhaeuser from $38.00 to $35.00 and set a "buy" rating for the company in a report on Wednesday, January 15th. Cibc World Mkts raised Weyerhaeuser from a "hold" rating to a "strong-buy" rating in a report on Wednesday, January 15th. Raymond James upgraded Weyerhaeuser from a "market perform" rating to an "outperform" rating and set a $32.00 price target for the company in a research report on Monday, December 23rd. BMO Capital Markets upgraded shares of Weyerhaeuser from a "market perform" rating to an "outperform" rating and set a $38.00 price objective on the stock in a research report on Friday, December 6th. Finally, CIBC upgraded shares of Weyerhaeuser from a "neutral" rating to an "outperformer" rating and set a $35.00 target price for the company in a report on Wednesday, January 15th. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Weyerhaeuser has an average rating of "Moderate Buy" and an average price target of $35.00.

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Weyerhaeuser Trading Down 1.1 %

NYSE:WY traded down $0.33 on Wednesday, reaching $29.26. The stock had a trading volume of 3,960,649 shares, compared to its average volume of 3,382,552. Weyerhaeuser has a 12-month low of $26.73 and a 12-month high of $36.27. The company has a market cap of $21.23 billion, a price-to-earnings ratio of 53.19, a P/E/G ratio of 4.74 and a beta of 1.43. The firm's fifty day moving average is $29.79 and its two-hundred day moving average is $30.79. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.79 and a quick ratio of 1.17.

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

Weyerhaeuser Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 7th will be issued a dividend of $0.21 per share. This is a positive change from Weyerhaeuser's previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a dividend yield of 2.87%. The ex-dividend date is Friday, March 7th. Weyerhaeuser's dividend payout ratio is presently 152.73%.

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.