Weyerhaeuser Company $WY Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC increased its position in Weyerhaeuser Company (NYSE:WY) by 1,303.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 264,554 shares of the real estate investment trust’s stock after buying an additional 245,706 shares during the quarter. SG Americas Securities LLC’s holdings in Weyerhaeuser were worth $6,267,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tradewinds Capital Management LLC grew its position in Weyerhaeuser by 401.3% during the third quarter. Tradewinds Capital Management LLC now owns 1,198 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 959 shares during the period. Cromwell Holdings LLC raised its holdings in shares of Weyerhaeuser by 58.3% in the 3rd quarter. Cromwell Holdings LLC now owns 1,361 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 501 shares during the period. Operose Advisors LLC acquired a new position in shares of Weyerhaeuser in the 2nd quarter valued at about $41,000. Optiver Holding B.V. acquired a new position in shares of Weyerhaeuser in the 3rd quarter valued at about $42,000. Finally, Hantz Financial Services Inc. grew its holdings in shares of Weyerhaeuser by 69.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,909 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 784 shares during the period. Institutional investors and hedge funds own 82.99% of the company’s stock.

Insider Buying and Selling at Weyerhaeuser

In other news, Director Richard Beckwitt acquired 20,000 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were purchased at an average price of $25.70 per share, for a total transaction of $514,000.00. Following the acquisition, the director directly owned 24,066 shares of the company’s stock, valued at $618,496.20. This represents a 491.88% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James Calvin O’rourke acquired 4,000 shares of the business’s stock in a transaction on Friday, February 20th. The stock was purchased at an average price of $25.35 per share, for a total transaction of $101,400.00. Following the acquisition, the director directly owned 28,661 shares in the company, valued at $726,556.35. This represents a 16.22% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.27% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on WY shares. DA Davidson reissued a “buy” rating and set a $31.00 target price on shares of Weyerhaeuser in a research report on Tuesday. Wall Street Zen downgraded shares of Weyerhaeuser from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Weyerhaeuser in a research report on Friday, December 12th. Citigroup raised their target price on shares of Weyerhaeuser from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Finally, UBS Group restated a “buy” rating on shares of Weyerhaeuser in a report on Monday, December 15th. Six equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $28.88.

Weyerhaeuser Price Performance

WY stock opened at $24.44 on Wednesday. The firm has a market cap of $17.61 billion, a P/E ratio of 55.55 and a beta of 1.03. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 1.29. Weyerhaeuser Company has a 1 year low of $21.16 and a 1 year high of $29.58. The stock has a 50-day simple moving average of $25.15 and a 200-day simple moving average of $24.18.

Weyerhaeuser (NYSE:WY) last released its quarterly earnings results on Thursday, January 29th. The real estate investment trust reported ($0.09) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.04. Weyerhaeuser had a return on equity of 1.50% and a net margin of 4.69%.The firm had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter in the prior year, the business earned $0.11 EPS. Weyerhaeuser’s quarterly revenue was down 9.8% compared to the same quarter last year. On average, equities analysts predict that Weyerhaeuser Company will post 0.78 earnings per share for the current fiscal year.

Weyerhaeuser Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 10th were paid a $0.21 dividend. The ex-dividend date was Tuesday, March 10th. This represents a $0.84 annualized dividend and a dividend yield of 3.4%. Weyerhaeuser’s dividend payout ratio is 190.91%.

Weyerhaeuser Profile

Weyerhaeuser Company (NYSE: WY) is a leading integrated forest products company whose core businesses are timberland ownership and forest products manufacturing. The company owns and manages large tracts of timberland and harvests, processes and sells wood and wood-derived products used primarily in residential and industrial construction. Its manufacturing operations produce a range of building materials, including lumber, engineered wood products and wood panels, alongside fiber-based products that serve multiple commercial applications.

Founded in 1900 by Frederick Weyerhaeuser and headquartered in Seattle, Washington, the company has a long history in the North American forest products industry.