Uniplan Investment Counsel Inc. Raises Position in Weyerhaeuser (NYSE:WY)

Uniplan Investment Counsel Inc. grew its position in shares of Weyerhaeuser (NYSE:WY) by 7.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 626,702 shares of the real estate investment trust’s stock after buying an additional 43,139 shares during the quarter. Weyerhaeuser accounts for 1.6% of Uniplan Investment Counsel Inc.’s portfolio, making the stock its 17th largest position. Uniplan Investment Counsel Inc.’s holdings in Weyerhaeuser were worth $17,642,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Assetmark Inc. raised its position in Weyerhaeuser by 290.9% in the 4th quarter. Assetmark Inc. now owns 1,239 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 922 shares during the last quarter. Asset Planning Inc bought a new stake in shares of Weyerhaeuser in the fourth quarter worth approximately $36,000. TD Waterhouse Canada Inc. raised its holdings in shares of Weyerhaeuser by 136.1% during the fourth quarter. TD Waterhouse Canada Inc. now owns 1,400 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 807 shares during the last quarter. Lee Danner & Bass Inc. bought a new position in Weyerhaeuser during the fourth quarter valued at approximately $44,000. Finally, Graney & King LLC purchased a new stake in Weyerhaeuser in the fourth quarter worth approximately $44,000. Institutional investors own 82.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on WY. Citigroup decreased their target price on shares of Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday, January 15th. CIBC raised Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 target price on the stock in a report on Wednesday, January 15th. StockNews.com raised Weyerhaeuser from a “sell” rating to a “hold” rating in a research report on Thursday, February 6th. 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 report on Monday, December 23rd. Finally, JPMorgan Chase & Co. started coverage on shares of Weyerhaeuser in a report on Tuesday, April 8th. They issued an “overweight” rating and a $31.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $34.50.

Weyerhaeuser Trading Down 4.3 %

Weyerhaeuser stock opened at $24.70 on Tuesday. Weyerhaeuser has a 12-month low of $24.10 and a 12-month high of $34.03. The firm has a market capitalization of $17.93 billion, a price-to-earnings ratio of 44.91, a P/E/G ratio of 4.74 and a beta of 1.25. The firm has a 50 day moving average of $28.61 and a 200 day moving average of $29.87. The company has a current ratio of 1.79, a quick ratio of 1.17 and a debt-to-equity ratio of 0.50.

Weyerhaeuser (NYSE:WY) 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, topping analysts’ consensus estimates 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 year.

Weyerhaeuser Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, March 7th. This is a boost from Weyerhaeuser’s previous quarterly dividend of $0.20. This represents a $0.84 dividend on an annualized basis and a yield of 3.40%. Weyerhaeuser’s dividend payout ratio (DPR) is currently 152.73%.

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.