Values First Advisors Inc. boosted its position in Weyerhaeuser (NYSE:WY – Free Report) by 3.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,387 shares of the real estate investment trust’s stock after acquiring an additional 544 shares during the quarter. Values First Advisors Inc.’s holdings in Weyerhaeuser were worth $461,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. Oak Thistle LLC bought a new position in shares of Weyerhaeuser during the 4th quarter valued at about $1,214,000. Sonora Investment Management Group LLC boosted its stake in Weyerhaeuser by 56.5% in the fourth quarter. Sonora Investment Management Group LLC now owns 51,785 shares of the real estate investment trust’s stock worth $1,458,000 after buying an additional 18,698 shares in the last quarter. Czech National Bank grew its position in Weyerhaeuser by 6.3% during the fourth quarter. Czech National Bank now owns 157,538 shares of the real estate investment trust’s stock valued at $4,435,000 after acquiring an additional 9,377 shares during the last quarter. Inspire Trust Co. N.A. raised its stake in shares of Weyerhaeuser by 148.2% during the third quarter. Inspire Trust Co. N.A. now owns 125,620 shares of the real estate investment trust’s stock worth $4,253,000 after acquiring an additional 75,000 shares in the last quarter. Finally, Franklin Resources Inc. lifted its holdings in shares of Weyerhaeuser by 10.2% in the 3rd quarter. Franklin Resources Inc. now owns 729,570 shares of the real estate investment trust’s stock worth $23,777,000 after acquiring an additional 67,314 shares during the last quarter. Hedge funds and other institutional investors own 82.99% of the company’s stock.
Weyerhaeuser Stock Down 1.3 %
NYSE WY opened at $29.60 on Thursday. Weyerhaeuser has a 1 year low of $26.73 and a 1 year high of $36.27. The stock has a market capitalization of $21.51 billion, a PE ratio of 53.82, a PEG ratio of 4.69 and a beta of 1.42. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.79 and a quick ratio of 1.17. The business’s 50-day moving average is $29.47 and its 200 day moving average is $30.91.
Analysts Set New Price Targets
Several equities analysts recently commented on WY shares. StockNews.com raised shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a report on Thursday, February 6th. Citigroup reduced their price objective on Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, January 15th. Royal Bank of Canada reiterated an “outperform” rating and issued a $36.00 price objective on shares of Weyerhaeuser in a report on Monday, February 3rd. Raymond James upgraded Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 target price for the company in a report on Monday, December 23rd. Finally, BMO Capital Markets raised Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $38.00 price target on the stock in a research note on Friday, December 6th. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.
Read Our Latest Analysis on WY
Weyerhaeuser Profile
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.
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