16,200 Shares in Weyerhaeuser (NYSE:WY) Acquired by United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new position in Weyerhaeuser (NYSE:WY - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 16,200 shares of the real estate investment trust's stock, valued at approximately $456,000.

Several other institutional investors have also recently made changes to their positions in WY. Intech Investment Management LLC raised its stake in Weyerhaeuser by 39.1% in the 3rd quarter. Intech Investment Management LLC now owns 28,455 shares of the real estate investment trust's stock valued at $963,000 after purchasing an additional 7,992 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of Weyerhaeuser by 17.5% in the 3rd quarter. Cerity Partners LLC now owns 154,321 shares of the real estate investment trust's stock valued at $5,225,000 after buying an additional 23,023 shares during the period. Bank of Montreal Can grew its holdings in shares of Weyerhaeuser by 29.3% in the third quarter. Bank of Montreal Can now owns 970,717 shares of the real estate investment trust's stock valued at $32,762,000 after purchasing an additional 220,142 shares in the last quarter. Brooklyn Investment Group acquired a new position in shares of Weyerhaeuser in the third quarter worth $109,000. Finally, BNP Paribas Financial Markets raised its position in Weyerhaeuser by 27.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,467,914 shares of the real estate investment trust's stock valued at $49,704,000 after purchasing an additional 313,583 shares in the last quarter. 82.99% of the stock is owned by hedge funds and other institutional investors.

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Weyerhaeuser Stock Down 0.7 %

Shares of NYSE WY traded down $0.21 during midday trading on Friday, reaching $29.38. 2,568,832 shares of the company's stock were exchanged, compared to its average volume of 3,615,623. The stock has a market capitalization of $21.32 billion, a PE ratio of 53.41, a price-to-earnings-growth ratio of 4.74 and a beta of 1.43. Weyerhaeuser has a 52-week low of $26.73 and a 52-week high of $36.10. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.17 and a current ratio of 1.79. The business's fifty day moving average price is $30.02 and its two-hundred day moving average price is $30.71.

Weyerhaeuser (NYSE:WY - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The real estate investment trust reported $0.11 EPS for the quarter, topping 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 forecast that Weyerhaeuser will post 0.78 EPS for the current year.

Weyerhaeuser Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were given a $0.21 dividend. The ex-dividend date was Friday, March 7th. This is a positive change from Weyerhaeuser's previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 2.86%. Weyerhaeuser's dividend payout ratio (DPR) is currently 152.73%.

Wall Street Analysts Forecast Growth

WY has been the topic of several recent analyst reports. Citigroup dropped their price target on shares of Weyerhaeuser from $38.00 to $35.00 and set a "buy" rating on the stock in a research note 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 note on Monday, December 23rd. CIBC upgraded Weyerhaeuser from a "neutral" rating to an "outperformer" rating and set a $35.00 target price on the stock in a research report on Wednesday, January 15th. StockNews.com raised Weyerhaeuser from a "sell" rating to a "hold" rating in a research note on Thursday, February 6th. Finally, Cibc World Mkts raised shares of Weyerhaeuser from a "hold" rating to a "strong-buy" rating in a report on Wednesday, January 15th. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Weyerhaeuser presently has a consensus rating of "Moderate Buy" and a consensus price target of $35.00.

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.