Weyerhaeuser (NYSE:WY) Raised to Hold at StockNews.com

Weyerhaeuser (NYSE:WY - Get Free Report) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating in a research note issued to investors on Thursday.

Several other analysts have also recently commented on WY. Citigroup decreased their target price on Weyerhaeuser from $38.00 to $35.00 and set a "buy" rating for the company in a research report on Wednesday, January 15th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $36.00 target price on shares of Weyerhaeuser in a research note on Monday, February 3rd. CIBC raised shares of Weyerhaeuser from a "neutral" rating to an "outperformer" rating and set a $35.00 price target for the company in a research report on Wednesday, January 15th. Cibc World Mkts upgraded shares of Weyerhaeuser from a "hold" rating to a "strong-buy" rating in a report on Wednesday, January 15th. Finally, 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 note on Friday, December 6th. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $35.00.

Weyerhaeuser Price Performance

Weyerhaeuser stock traded down $0.39 during midday trading on Thursday, hitting $30.04. The company's stock had a trading volume of 2,037,231 shares, compared to its average volume of 3,637,051. Weyerhaeuser has a 12 month low of $26.73 and a 12 month high of $36.27. The company has a quick ratio of 1.17, a current ratio of 1.79 and a debt-to-equity ratio of 0.50. The stock's 50-day moving average price is $29.54 and its 200-day moving average price is $30.92. The company has a market capitalization of $21.83 billion, a PE ratio of 54.62, a price-to-earnings-growth ratio of 4.69 and a beta of 1.42.

Weyerhaeuser (NYSE:WY - Get Free Report) last released its earnings results on Thursday, January 30th. The real estate investment trust reported $0.11 EPS for the quarter, beating the consensus estimate of $0.07 by $0.04. Weyerhaeuser had a net margin of 5.56% and a return on equity of 3.86%. Analysts anticipate that Weyerhaeuser will post 0.8 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Weyerhaeuser

Institutional investors have recently modified their holdings of the company. Oakworth Capital Inc. bought a new position in Weyerhaeuser in the 3rd quarter worth approximately $25,000. Thurston Springer Miller Herd & Titak Inc. increased its position in Weyerhaeuser by 4,884.2% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 947 shares of the real estate investment trust's stock worth $32,000 after acquiring an additional 928 shares during the period. Assetmark Inc. increased its position in 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 acquiring an additional 922 shares during the period. Asset Planning Inc acquired a new position in Weyerhaeuser during the 4th quarter valued at $36,000. Finally, Meeder Asset Management Inc. boosted its holdings in Weyerhaeuser by 172.4% in the 3rd 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 during the period. Institutional investors own 82.99% of the company's stock.

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.