Armor Investment Advisors LLC Reduces Position in Weyerhaeuser Company (WY)

Armor Investment Advisors LLC reduced its holdings in shares of Weyerhaeuser Company (NYSE:WY) by 2.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,968 shares of the real estate investment trust’s stock after selling 460 shares during the period. Armor Investment Advisors LLC’s holdings in Weyerhaeuser were worth $769,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Alexandria Capital LLC boosted its position in shares of Weyerhaeuser by 0.3% during the 2nd quarter. Alexandria Capital LLC now owns 3,486 shares of the real estate investment trust’s stock valued at $117,000 after acquiring an additional 12 shares in the last quarter. Kistler Tiffany Companies LLC boosted its position in shares of Weyerhaeuser by 0.4% during the 2nd quarter. Kistler Tiffany Companies LLC now owns 4,674 shares of the real estate investment trust’s stock valued at $157,000 after acquiring an additional 19 shares in the last quarter. Gemmer Asset Management LLC boosted its position in shares of Weyerhaeuser by 0.5% during the 2nd quarter. Gemmer Asset Management LLC now owns 4,146 shares of the real estate investment trust’s stock valued at $139,000 after acquiring an additional 20 shares in the last quarter. Cambridge Advisors Inc. boosted its position in shares of Weyerhaeuser by 0.3% during the 2nd quarter. Cambridge Advisors Inc. now owns 8,864 shares of the real estate investment trust’s stock valued at $297,000 after acquiring an additional 30 shares in the last quarter. Finally, New England Private Wealth Advisors LLC boosted its position in shares of Weyerhaeuser by 0.4% during the 1st quarter. New England Private Wealth Advisors LLC now owns 10,625 shares of the real estate investment trust’s stock valued at $360,000 after acquiring an additional 42 shares in the last quarter. Institutional investors and hedge funds own 75.27% of the company’s stock.

Shares of Weyerhaeuser Company (WY) traded down 0.21% during trading on Friday, hitting $32.99. 4,022,382 shares of the company’s stock were exchanged. Weyerhaeuser Company has a 1-year low of $28.58 and a 1-year high of $35.50. The stock’s 50-day moving average price is $32.36 and its 200-day moving average price is $33.28. The stock has a market cap of $24.84 billion, a PE ratio of 25.94 and a beta of 1.39.

Weyerhaeuser (NYSE:WY) last posted its quarterly earnings results on Friday, July 28th. The real estate investment trust reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. Weyerhaeuser had a net margin of 14.09% and a return on equity of 7.17%. The company had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period last year, the company posted $0.17 EPS. The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. On average, equities analysts expect that Weyerhaeuser Company will post $1.05 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Friday, September 8th will be paid a $0.31 dividend. The ex-dividend date is Thursday, September 7th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.76%. Weyerhaeuser’s payout ratio is currently 97.64%.

WY has been the subject of several analyst reports. Goldman Sachs Group, Inc. (The) downgraded shares of Weyerhaeuser from a “conviction-buy” rating to a “buy” rating and set a $38.00 price target for the company. in a report on Monday, July 31st. BidaskClub raised shares of Weyerhaeuser from a “hold” rating to a “buy” rating in a report on Wednesday, July 19th. Zacks Investment Research raised shares of Weyerhaeuser from a “hold” rating to a “buy” rating and set a $38.00 price target for the company in a report on Friday, July 7th. Royal Bank Of Canada reissued a “buy” rating and set a $40.00 price target on shares of Weyerhaeuser in a report on Tuesday, May 23rd. Finally, BMO Capital Markets reissued a “buy” rating and set a $36.00 price target on shares of Weyerhaeuser in a report on Friday, June 23rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $37.00.

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Weyerhaeuser 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)

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