Compass Wealth Management LLC Has $185,000 Position in Weyerhaeuser (NYSE:WY)

Compass Wealth Management LLC cut its stake in Weyerhaeuser (NYSE:WY) by 45.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,562 shares of the real estate investment trust’s stock after selling 5,525 shares during the quarter. Compass Wealth Management LLC’s holdings in Weyerhaeuser were worth $185,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of WY. Oakworth Capital Inc. bought a new position in Weyerhaeuser in the 3rd quarter valued at about $25,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Weyerhaeuser by 4,884.2% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 947 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 928 shares during the last quarter. Bangor Savings Bank lifted its holdings in Weyerhaeuser by 140.3% during the 3rd quarter. Bangor Savings Bank now owns 1,115 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 651 shares during the last quarter. Meeder Asset Management Inc. lifted its holdings in Weyerhaeuser by 172.4% during the 3rd quarter. Meeder Asset Management Inc. now owns 1,136 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 719 shares during the last quarter. Finally, Northwest Investment Counselors LLC bought a new stake in Weyerhaeuser in the 3rd quarter valued at $45,000. Institutional investors and hedge funds own 82.99% of the company’s stock.

Weyerhaeuser Stock Up 0.2 %

NYSE WY opened at $30.01 on Friday. The business has a fifty day moving average price of $29.73 and a two-hundred day moving average price of $30.83. The stock has a market capitalization of $21.81 billion, a PE ratio of 40.56 and a beta of 1.42. Weyerhaeuser has a fifty-two week low of $26.73 and a fifty-two week 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.

Weyerhaeuser (NYSE:WY) last posted its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. The company had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.70 billion. Weyerhaeuser had a return on equity of 4.21% and a net margin of 7.43%. Weyerhaeuser’s revenue was down 13.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.33 EPS. Equities analysts expect that Weyerhaeuser will post 0.49 earnings per share 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 paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend was Friday, November 29th. Weyerhaeuser’s payout ratio is 108.11%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. StockNews.com downgraded Weyerhaeuser from a “hold” rating to a “sell” rating in a report on Friday, January 17th. Cibc World Mkts upgraded shares of Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 15th. Citigroup decreased their target price on shares of 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 upgraded shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $38.00 price target for the company in a research report on Friday, December 6th. Finally, Truist Financial reduced their price target on Weyerhaeuser from $34.00 to $33.00 and set a “hold” rating on the stock in a research report on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $35.14.

About Weyerhaeuser

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.