Weyerhaeuser (NYSE:WY) Shares Purchased by Barings LLC

Barings LLC lifted its stake in Weyerhaeuser (NYSE:WY - Free Report) by 36.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 126,160 shares of the real estate investment trust's stock after acquiring an additional 33,474 shares during the period. Barings LLC's holdings in Weyerhaeuser were worth $3,551,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Wellington Management Group LLP increased its position in shares of Weyerhaeuser by 12.7% during the third quarter. Wellington Management Group LLP now owns 35,755,865 shares of the real estate investment trust's stock worth $1,210,694,000 after purchasing an additional 4,035,048 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Weyerhaeuser by 257.2% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,472,451 shares of the real estate investment trust's stock worth $151,437,000 after buying an additional 3,220,235 shares during the last quarter. Daiwa Securities Group Inc. boosted its holdings in Weyerhaeuser by 2,664.4% in the third quarter. Daiwa Securities Group Inc. now owns 2,195,958 shares of the real estate investment trust's stock worth $74,355,000 after acquiring an additional 2,116,520 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in shares of Weyerhaeuser during the third quarter valued at about $40,773,000. Finally, Raymond James Financial Inc. purchased a new stake in Weyerhaeuser during the 4th quarter worth approximately $26,206,000. 82.99% of the stock is currently owned by hedge funds and other institutional investors.

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Weyerhaeuser Price Performance

Shares of Weyerhaeuser stock traded down $0.33 during trading hours on Wednesday, reaching $29.26. 3,960,649 shares of the company's stock were exchanged, compared to its average volume of 3,382,345. The business has a fifty day moving average of $29.76 and a two-hundred day moving average of $30.80. The company has a market capitalization of $21.23 billion, a P/E ratio of 53.19, a price-to-earnings-growth ratio of 4.74 and a beta of 1.43. 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 has a 1 year low of $26.73 and a 1 year high of $36.27.

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 (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%. As a group, research analysts predict that Weyerhaeuser will post 0.78 earnings per share for the current fiscal year.

Weyerhaeuser Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be given a dividend of $0.21 per share. This is an increase from Weyerhaeuser's previous quarterly dividend of $0.20. The ex-dividend date is Friday, March 7th. This represents a $0.84 dividend on an annualized basis and a yield of 2.87%. Weyerhaeuser's dividend payout ratio (DPR) is presently 152.73%.

Analyst Ratings Changes

WY has been the subject of a number of research analyst reports. Cibc World Mkts raised shares of Weyerhaeuser from a "hold" rating to a "strong-buy" rating in a report on Wednesday, January 15th. BMO Capital Markets raised Weyerhaeuser from a "market perform" rating to an "outperform" rating and set a $38.00 price objective on the stock in a report on Friday, December 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 report on Monday, December 23rd. Citigroup cut their price target on shares of Weyerhaeuser from $38.00 to $35.00 and set a "buy" rating on the stock in a report on Wednesday, January 15th. Finally, StockNews.com upgraded shares of Weyerhaeuser from a "sell" rating to a "hold" rating in a research note on Thursday, February 6th. Three research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently 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.