Weyerhaeuser Company (WY) Position Held by Radnor Capital Management LLC

Radnor Capital Management LLC maintained its stake in shares of Weyerhaeuser Company (NYSE:WY) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 103,150 shares of the real estate investment trust’s stock at the end of the 2nd quarter. Weyerhaeuser makes up 1.2% of Radnor Capital Management LLC’s portfolio, making the stock its 14th largest holding. Radnor Capital Management LLC’s holdings in Weyerhaeuser were worth $3,456,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in WY. Glen Harbor Capital Management LLC increased its position in shares of Weyerhaeuser by 7.2% in the first quarter. Glen Harbor Capital Management LLC now owns 12,160 shares of the real estate investment trust’s stock worth $413,000 after purchasing an additional 816 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of Weyerhaeuser by 30.3% in the first quarter. Russell Investments Group Ltd. now owns 132,617 shares of the real estate investment trust’s stock worth $4,506,000 after purchasing an additional 30,858 shares during the last quarter. Welch & Forbes LLC increased its position in shares of Weyerhaeuser by 1.1% in the first quarter. Welch & Forbes LLC now owns 21,103 shares of the real estate investment trust’s stock worth $717,000 after purchasing an additional 226 shares during the last quarter. Pegasus Partners Ltd. increased its position in shares of Weyerhaeuser by 14.2% in the first quarter. Pegasus Partners Ltd. now owns 60,164 shares of the real estate investment trust’s stock worth $2,044,000 after purchasing an additional 7,494 shares during the last quarter. Finally, Vigilant Capital Management LLC increased its position in shares of Weyerhaeuser by 1.7% in the first quarter. Vigilant Capital Management LLC now owns 244,857 shares of the real estate investment trust’s stock worth $8,320,000 after purchasing an additional 4,080 shares during the last quarter. Hedge funds and other institutional investors own 75.27% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Weyerhaeuser Company (WY) Position Held by Radnor Capital Management LLC” was first published by BBNS and is the property of of BBNS. If you are viewing this piece on another domain, it was stolen and reposted in violation of United States & international copyright and trademark legislation. The original version of this piece can be accessed at https://baseballnewssource.com/markets/radnor-capital-management-llc-continues-to-hold-holdings-in-weyerhaeuser-company-wy/1603120.html.

Several research firms recently weighed in on WY. JMP Securities cut shares of Weyerhaeuser from an “outperform” rating to a “market perform” rating and set a $36.00 price objective on the stock. in a research report on Monday, August 14th. TheStreet lowered Weyerhaeuser from a “b-” rating to a “c+” rating in a research note on Friday, August 18th. BMO Capital Markets lowered Weyerhaeuser from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 22nd. BidaskClub lowered Weyerhaeuser from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. Finally, ValuEngine raised Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. One analyst has rated the stock with a sell rating, six have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $37.00.

Shares of Weyerhaeuser Company (NYSE:WY) traded down 0.03% during trading on Friday, hitting $33.05. The stock had a trading volume of 1,559,900 shares. Weyerhaeuser Company has a 12 month low of $28.58 and a 12 month high of $35.50. The stock has a 50-day moving average price of $32.40 and a 200 day moving average price of $33.28. The company has a market cap of $24.88 billion, a P/E ratio of 25.98 and a beta of 1.39.

Weyerhaeuser (NYSE:WY) last issued its earnings results on Friday, July 28th. The real estate investment trust reported $0.28 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.01. The business had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.81 billion. Weyerhaeuser had a return on equity of 7.17% and a net margin of 14.09%. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.17 EPS. Equities analysts expect that Weyerhaeuser Company will post $1.05 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Friday, September 8th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.75%. The ex-dividend date is Thursday, September 7th. Weyerhaeuser’s dividend payout ratio (DPR) is currently 97.64%.

Weyerhaeuser Company Profile

Weyerhaeuser Company is a timber, land and forest products company. As of December 31, 2016, the Company owned or controlled 13.1 million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. The Company’s segments include Timberlands; Real Estate, Energy and Natural Resources (Real Estate & ENR), and Wood Products.

Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

Receive News & Ratings for Weyerhaeuser Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weyerhaeuser Company and related companies with our FREE daily email newsletter.

 


Latest News

New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22
Tigers Player Might Play All Nine Positions During Same Game
Tigers Player Might Play All Nine Positions During Same Game
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster
Dodgers End Losing Streak at 11 Behind Ace Clayton Kershaw
Dodgers End Losing Streak at 11 Behind Ace Clayton Kershaw


Leave a Reply

 
© 2006-2017 BBNS.