Weyerhaeuser (NYSE:WY) Given Consensus Recommendation of "Moderate Buy" by Analysts

Shares of Weyerhaeuser (NYSE:WY - Get Free Report) have earned a consensus rating of "Moderate Buy" from the eight brokerages that are covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $35.00.

A number of equities analysts recently issued reports on the company. Citigroup lowered their price target on Weyerhaeuser from $38.00 to $35.00 and set a "buy" rating for the company in a report on Wednesday, January 15th. StockNews.com raised shares of Weyerhaeuser from a "sell" rating to a "hold" rating in a research report on Thursday, February 6th. 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 research note on Wednesday, January 15th. Finally, Raymond James upgraded Weyerhaeuser from a "market perform" rating to an "outperform" rating and set a $32.00 target price on the stock in a research report on Monday, December 23rd.

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Weyerhaeuser Stock Down 0.7 %

Shares of WY traded down $0.21 during midday trading on Tuesday, reaching $29.38. The stock had a trading volume of 2,568,832 shares, compared to its average volume of 3,615,622. The company has a market cap of $21.32 billion, a price-to-earnings ratio of 53.41, a PEG ratio of 4.74 and a beta of 1.43. The company's fifty day simple moving average is $30.02 and its two-hundred day simple moving average is $30.71. Weyerhaeuser has a 1-year low of $26.73 and a 1-year high of $36.10. 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 posted 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 return on equity of 3.86% and a net margin of 5.56%. Equities research analysts expect that Weyerhaeuser will post 0.78 earnings per share for the current year.

Weyerhaeuser Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were paid a $0.21 dividend. This is a boost from Weyerhaeuser's previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 2.86%. The ex-dividend date of this dividend was Friday, March 7th. Weyerhaeuser's payout ratio is currently 152.73%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Truist Financial Corp increased its holdings in Weyerhaeuser by 2.8% in the fourth quarter. Truist Financial Corp now owns 50,889 shares of the real estate investment trust's stock valued at $1,433,000 after buying an additional 1,373 shares in the last quarter. Oak Thistle LLC purchased a new position in Weyerhaeuser in the 4th quarter valued at approximately $1,214,000. Sonora Investment Management Group LLC increased its stake in Weyerhaeuser by 56.5% in the 4th quarter. Sonora Investment Management Group LLC now owns 51,785 shares of the real estate investment trust's stock valued at $1,458,000 after purchasing an additional 18,698 shares in the last quarter. Czech National Bank raised its holdings in Weyerhaeuser by 6.3% during the fourth quarter. Czech National Bank now owns 157,538 shares of the real estate investment trust's stock worth $4,435,000 after purchasing an additional 9,377 shares during the last quarter. Finally, Inspire Trust Co. N.A. boosted its position in Weyerhaeuser by 148.2% during the third quarter. Inspire Trust Co. N.A. now owns 125,620 shares of the real estate investment trust's stock worth $4,253,000 after purchasing an additional 75,000 shares in the last quarter. 82.99% of the stock is owned by hedge funds and other institutional investors.

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.