Vanguard Group Inc. Lowers Position in Weyerhaeuser (NYSE:WY)

Vanguard Group Inc. lowered its position in shares of Weyerhaeuser (NYSE:WY - Free Report) by 0.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 113,435,932 shares of the real estate investment trust's stock after selling 300,461 shares during the period. Vanguard Group Inc. owned 15.61% of Weyerhaeuser worth $3,193,221,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of WY. Wellington Management Group LLP grew its position in shares of Weyerhaeuser by 12.7% during the 3rd quarter. Wellington Management Group LLP now owns 35,755,865 shares of the real estate investment trust's stock valued at $1,210,694,000 after purchasing an additional 4,035,048 shares in the last quarter. State Street Corp boosted its position in shares of Weyerhaeuser by 2.5% during the 3rd quarter. State Street Corp now owns 31,407,646 shares of the real estate investment trust's stock valued at $1,063,463,000 after acquiring an additional 761,757 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Weyerhaeuser by 1.1% during the third quarter. Geode Capital Management LLC now owns 19,534,058 shares of the real estate investment trust's stock worth $659,422,000 after purchasing an additional 217,510 shares in the last quarter. First Eagle Investment Management LLC grew its holdings in shares of Weyerhaeuser by 1.1% during the fourth quarter. First Eagle Investment Management LLC now owns 14,362,306 shares of the real estate investment trust's stock worth $404,299,000 after purchasing an additional 158,800 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Weyerhaeuser by 2.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,986,081 shares of the real estate investment trust's stock worth $252,958,000 after purchasing an additional 245,962 shares during the last quarter. Institutional investors own 82.99% of the company's stock.

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Weyerhaeuser Trading Down 0.9 %

Shares of NYSE WY traded down $0.26 during midday trading on Friday, reaching $29.33. The company had a trading volume of 624,391 shares, compared to its average volume of 3,598,111. The stock has a market cap of $21.28 billion, a PE ratio of 53.33, a price-to-earnings-growth ratio of 4.74 and a beta of 1.43. Weyerhaeuser has a one year low of $26.73 and a one year high of $36.10. The firm's fifty day moving average price is $30.04 and its 200-day moving average price is $30.72. 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 (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 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%. On average, equities research analysts anticipate that Weyerhaeuser will post 0.78 earnings per share for the current year.

Weyerhaeuser Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were issued 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 is 152.73%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Raymond James raised shares of 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 shares of Weyerhaeuser from a "neutral" rating to an "outperformer" rating and set a $35.00 target price for the company in a research report on Wednesday, January 15th. Cibc World Mkts raised Weyerhaeuser from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, January 15th. BMO Capital Markets raised Weyerhaeuser from a "market perform" rating to an "outperform" rating and set a $38.00 price target for the company in a research note on Friday, December 6th. Finally, Royal Bank of Canada reiterated an "outperform" rating and set a $36.00 price objective on shares of Weyerhaeuser in a research report on Monday, February 3rd. Three investment 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. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $35.00.

Weyerhaeuser Company 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.