SFE Investment Counsel reduced its stake in shares of Weyerhaeuser (NYSE:WY – Free Report) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,673 shares of the real estate investment trust’s stock after selling 4,447 shares during the period. SFE Investment Counsel’s holdings in Weyerhaeuser were worth $3,678,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Fiduciary Trust Co lifted its stake in Weyerhaeuser by 0.6% during the third quarter. Fiduciary Trust Co now owns 53,185 shares of the real estate investment trust’s stock worth $1,801,000 after purchasing an additional 331 shares during the last quarter. HB Wealth Management LLC raised its holdings in shares of Weyerhaeuser by 2.4% during the fourth quarter. HB Wealth Management LLC now owns 15,041 shares of the real estate investment trust’s stock worth $423,000 after purchasing an additional 357 shares during the period. Integrated Wealth Concepts LLC lifted its position in shares of Weyerhaeuser by 2.5% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 15,291 shares of the real estate investment trust’s stock worth $518,000 after buying an additional 367 shares during the last quarter. CWM LLC boosted its holdings in shares of Weyerhaeuser by 2.2% in the 3rd quarter. CWM LLC now owns 17,185 shares of the real estate investment trust’s stock valued at $582,000 after buying an additional 368 shares during the period. Finally, Capital Investment Advisors LLC boosted its holdings in shares of Weyerhaeuser by 5.3% in the 3rd quarter. Capital Investment Advisors LLC now owns 8,294 shares of the real estate investment trust’s stock valued at $281,000 after buying an additional 414 shares during the period. Institutional investors own 82.99% of the company’s stock.
Weyerhaeuser Trading Down 1.3 %
Shares of WY stock opened at $29.60 on Thursday. The firm has a market capitalization of $21.51 billion, a PE ratio of 53.82, a price-to-earnings-growth ratio of 4.69 and a beta of 1.42. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.17 and a current ratio of 1.79. Weyerhaeuser has a 1 year low of $26.73 and a 1 year high of $36.27. The stock has a fifty day moving average of $29.43 and a two-hundred day moving average of $30.90.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on the stock. Raymond James upgraded shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 price objective on the stock in a research note on Monday, December 23rd. Citigroup dropped their price target on Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Cibc World Mkts upgraded Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research 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. Finally, CIBC upgraded Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 target price on the stock in a research note on Wednesday, January 15th. Three equities 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’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $35.00.
Get Our Latest Stock Report on Weyerhaeuser
About Weyerhaeuser
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.
Further Reading
- Five stocks we like better than Weyerhaeuser
- What is the FTSE 100 index?
- PayPal: Time to Strike With Shares Down Double Digits?
- 5 Top Rated Dividend Stocks to Consider
- Lattice Semiconductor’s Market Reset Is Over: The Rebound Begins
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Will Eli Lilly Stock Keep Climbing? Q2 Trial Results Are Crucial
Want to see what other hedge funds are holding WY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Weyerhaeuser (NYSE:WY – Free Report).
Receive News & Ratings for Weyerhaeuser Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weyerhaeuser and related companies with MarketBeat.com's FREE daily email newsletter.