Rowlandmiller & PARTNERS.ADV Sells 2,785 Shares of Weyerhaeuser (NYSE:WY)

Rowlandmiller & PARTNERS.ADV decreased its position in shares of Weyerhaeuser (NYSE:WY) by 1.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 144,060 shares of the real estate investment trust’s stock after selling 2,785 shares during the quarter. Rowlandmiller & PARTNERS.ADV’s holdings in Weyerhaeuser were worth $4,055,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Asset Planning Inc bought a new stake in Weyerhaeuser during the 4th quarter valued at $36,000. Meeder Asset Management Inc. increased its stake in Weyerhaeuser by 172.4% during the 3rd quarter. Meeder Asset Management Inc. now owns 1,136 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 719 shares in the last quarter. AdvisorNet Financial Inc increased its stake in Weyerhaeuser by 41.2% during the 4th quarter. AdvisorNet Financial Inc now owns 1,665 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 486 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in Weyerhaeuser during the 3rd quarter valued at $50,000. Finally, Newbridge Financial Services Group Inc. bought a new stake in Weyerhaeuser during the 4th quarter valued at $57,000. Institutional investors own 82.99% of the company’s stock.

Wall Street Analyst Weigh In

WY has been the subject of a number of recent research reports. Royal Bank of Canada restated an “outperform” rating and set a $36.00 price target on shares of Weyerhaeuser in a research note on Monday, February 3rd. Citigroup reduced 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. StockNews.com upgraded shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Thursday, February 6th. CIBC upgraded shares of Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 target price for the company in a research note on Wednesday, January 15th. Finally, Cibc World Mkts upgraded shares of Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 15th. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $35.00.

Weyerhaeuser Price Performance

Shares of NYSE:WY opened at $29.69 on Monday. The company’s 50-day moving average is $29.26 and its 200 day moving average is $30.80. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.17 and a current ratio of 1.79. The company has a market capitalization of $21.54 billion, a P/E ratio of 53.97, a price-to-earnings-growth ratio of 4.74 and a beta of 1.42. Weyerhaeuser has a fifty-two week low of $26.73 and a fifty-two week high of $36.27.

Weyerhaeuser (NYSE:WY) last issued its quarterly earnings results on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share 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%. On average, equities research analysts forecast that Weyerhaeuser will post 0.78 earnings per share for the current year.

Weyerhaeuser Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be issued a dividend of $0.21 per share. The ex-dividend date is Friday, March 7th. This is an increase from Weyerhaeuser’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 2.83%. Weyerhaeuser’s dividend payout ratio is 145.46%.

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.