Bartlett & CO. Wealth Management LLC Sells 2,000 Shares of Weyerhaeuser (NYSE:WY)

Bartlett & CO. Wealth Management LLC lessened its stake in shares of Weyerhaeuser (NYSE:WY) by 27.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,319 shares of the real estate investment trust’s stock after selling 2,000 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in Weyerhaeuser were worth $150,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Dimensional Fund Advisors LP raised its stake in Weyerhaeuser by 27.5% in the second quarter. Dimensional Fund Advisors LP now owns 565,350 shares of the real estate investment trust’s stock valued at $16,050,000 after buying an additional 121,808 shares during the period. Intech Investment Management LLC raised its stake in Weyerhaeuser by 40.2% in the second quarter. Intech Investment Management LLC now owns 20,463 shares of the real estate investment trust’s stock valued at $581,000 after buying an additional 5,864 shares during the period. Pacer Advisors Inc. raised its stake in Weyerhaeuser by 4.7% in the second quarter. Pacer Advisors Inc. now owns 51,880 shares of the real estate investment trust’s stock valued at $1,473,000 after buying an additional 2,341 shares during the period. EverSource Wealth Advisors LLC raised its stake in Weyerhaeuser by 31.8% in the second quarter. EverSource Wealth Advisors LLC now owns 2,502 shares of the real estate investment trust’s stock valued at $71,000 after buying an additional 603 shares during the period. Finally, Public Sector Pension Investment Board raised its stake in Weyerhaeuser by 17.3% in the second quarter. Public Sector Pension Investment Board now owns 101,258 shares of the real estate investment trust’s stock valued at $2,875,000 after buying an additional 14,911 shares during the period. Institutional investors own 82.99% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. StockNews.com downgraded Weyerhaeuser from a “hold” rating to a “sell” rating in a research report on Friday, January 17th. Citigroup decreased their target price on Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. BMO Capital Markets raised Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $38.00 target price on the stock in a research report on Friday, December 6th. CIBC raised Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 target price on the stock in a research report on Wednesday, January 15th. Finally, Raymond James raised Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 target price on the stock in a research report on Monday, December 23rd. One research analyst has rated the stock with a sell rating, two have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Weyerhaeuser currently has an average rating of “Moderate Buy” and a consensus target price of $35.14.

Weyerhaeuser Trading Up 0.2 %

Shares of NYSE:WY opened at $30.01 on Friday. The company has a market capitalization of $21.81 billion, a P/E ratio of 40.56 and a beta of 1.42. Weyerhaeuser has a 1 year low of $26.73 and a 1 year high of $36.27. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.01 and a quick ratio of 1.41. The business’s 50 day simple moving average is $29.75 and its 200 day simple moving average is $30.81.

Weyerhaeuser (NYSE:WY) last issued its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. The business had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.70 billion. Weyerhaeuser had a return on equity of 4.21% and a net margin of 7.43%. The firm’s quarterly revenue was down 13.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.33 earnings per share. On average, research analysts anticipate that Weyerhaeuser will post 0.49 EPS for the current fiscal year.

Weyerhaeuser Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.67%. The ex-dividend date was Friday, November 29th. Weyerhaeuser’s dividend payout ratio is presently 108.11%.

Weyerhaeuser Company 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.