Financial Security Advisor Inc. Sells 2,076 Shares of Weyerhaeuser (NYSE:WY)

Financial Security Advisor Inc. decreased its position in shares of Weyerhaeuser (NYSE:WY) by 16.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,749 shares of the real estate investment trust’s stock after selling 2,076 shares during the quarter. Financial Security Advisor Inc.’s holdings in Weyerhaeuser were worth $303,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of WY. Asset Planning Inc bought a new stake in Weyerhaeuser during the fourth quarter worth about $36,000. Meeder Asset Management Inc. lifted its position in Weyerhaeuser by 172.4% during the third quarter. Meeder Asset Management Inc. now owns 1,136 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 719 shares during the period. AdvisorNet Financial Inc lifted its position in 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 period. Capital Performance Advisors LLP acquired a new position in Weyerhaeuser during the third quarter worth about $50,000. Finally, Newbridge Financial Services Group Inc. acquired a new position in Weyerhaeuser during the fourth quarter worth about $57,000. Institutional investors own 82.99% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on WY shares. 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 note on Monday, December 23rd. StockNews.com raised Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Thursday, February 6th. 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 target price for the company in a research note on Friday, December 6th. Finally, Citigroup lowered their target price on Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday, January 15th. Three 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $35.00.

Weyerhaeuser Stock Performance

Weyerhaeuser stock opened at $30.06 on Friday. The business has a 50 day moving average of $29.37 and a 200-day moving average of $30.78. Weyerhaeuser has a 1 year low of $26.73 and a 1 year high of $36.27. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.79 and a quick ratio of 1.17. The company has a market capitalization of $21.81 billion, a P/E ratio of 54.66, a P/E/G ratio of 4.74 and a beta of 1.42.

Weyerhaeuser (NYSE:WY) last released 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 return on equity of 3.86% and a net margin of 5.56%. On average, equities research analysts predict that Weyerhaeuser will post 0.78 earnings per share for the current year.

Weyerhaeuser Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be issued a $0.21 dividend. The ex-dividend date is Friday, March 7th. This is a boost from Weyerhaeuser’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 2.79%. Weyerhaeuser’s dividend payout ratio is presently 152.73%.

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.