Weyerhaeuser (NYSE:WY) Shares Bought by Trium Capital LLP

Trium Capital LLP increased its stake in Weyerhaeuser (NYSE:WY - Free Report) by 159.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,854 shares of the real estate investment trust's stock after buying an additional 12,191 shares during the quarter. Weyerhaeuser comprises approximately 0.1% of Trium Capital LLP's holdings, making the stock its 27th largest holding. Trium Capital LLP's holdings in Weyerhaeuser were worth $559,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. O Keefe Stevens Advisory Inc. boosted its position in shares of Weyerhaeuser by 3.8% during the fourth quarter. O Keefe Stevens Advisory Inc. now owns 344,722 shares of the real estate investment trust's stock valued at $9,704,000 after buying an additional 12,674 shares during the period. Assenagon Asset Management S.A. boosted its holdings in Weyerhaeuser by 4.2% during the 4th quarter. Assenagon Asset Management S.A. now owns 100,138 shares of the real estate investment trust's stock valued at $2,819,000 after acquiring an additional 4,044 shares during the period. Oak Thistle LLC bought a new position in Weyerhaeuser in the 4th quarter valued at $1,214,000. 180 Wealth Advisors LLC increased its stake in Weyerhaeuser by 4.2% in the fourth quarter. 180 Wealth Advisors LLC now owns 24,549 shares of the real estate investment trust's stock worth $691,000 after purchasing an additional 981 shares during the period. Finally, AdvisorNet Financial Inc lifted its position in shares of Weyerhaeuser by 41.2% during the fourth quarter. AdvisorNet Financial Inc now owns 1,665 shares of the real estate investment trust's stock worth $47,000 after purchasing an additional 486 shares during the last quarter. 82.99% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

WY has been the topic of a number of research reports. Truist Financial reduced their target price on shares of Weyerhaeuser from $34.00 to $33.00 and set a "hold" rating on the stock in a research report on Monday, January 6th. 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 report on Monday, December 23rd. Citigroup dropped their price target on Weyerhaeuser from $38.00 to $35.00 and set a "buy" rating on the stock in a research report on Wednesday. Cibc World Mkts upgraded Weyerhaeuser from a "hold" rating to a "strong-buy" rating in a research note on Wednesday. Finally, StockNews.com cut shares of Weyerhaeuser from a "hold" rating to a "sell" rating in a report on Friday. One research analyst has rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $35.14.

Weyerhaeuser Stock Performance

WY stock traded up $0.21 during trading on Friday, reaching $30.24. The company had a trading volume of 4,302,052 shares, compared to its average volume of 3,100,989. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.41 and a current ratio of 2.01. Weyerhaeuser has a twelve month low of $26.73 and a twelve month high of $36.27. The company has a market cap of $21.97 billion, a price-to-earnings ratio of 40.86 and a beta of 1.42. The firm has a 50-day simple moving average of $29.82 and a 200-day simple moving average of $30.76.

Weyerhaeuser (NYSE:WY - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.05 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.03. The company had revenue of $1.68 billion during the quarter, compared to analysts' expectations of $1.70 billion. Weyerhaeuser had a return on equity of 4.21% and a net margin of 7.43%. The firm's revenue was down 13.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.33 EPS. As a group, sell-side analysts expect that Weyerhaeuser will post 0.49 earnings per share for the current year.

Weyerhaeuser Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.80 dividend on an annualized basis and a yield of 2.65%. Weyerhaeuser's dividend payout ratio is presently 108.11%.

Weyerhaeuser 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.