Brokerages Set Weyerhaeuser (NYSE:WY) PT at $35.14

Shares of Weyerhaeuser (NYSE:WY) have received an average recommendation of “Moderate Buy” from the eight ratings firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $35.00.

A number of equities research analysts have recently commented on the stock. Cibc World Mkts upgraded shares of Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 15th. Citigroup lowered their target price on shares of Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday, January 15th. Royal Bank of Canada reissued an “outperform” rating and set a $36.00 price target on shares of Weyerhaeuser in a research note on Monday, February 3rd. StockNews.com raised Weyerhaeuser from a “sell” rating to a “hold” rating in a research report on Thursday. Finally, Raymond James upgraded 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.

Weyerhaeuser Price Performance

Shares of NYSE:WY opened at $30.04 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.17 and a current ratio of 1.79. The business’s fifty day moving average price is $29.54 and its two-hundred day moving average price is $30.92. The stock has a market cap of $21.83 billion, a PE ratio of 54.62, a price-to-earnings-growth ratio of 4.69 and a beta of 1.42. Weyerhaeuser has a one year low of $26.73 and a one year high of $36.27.

Weyerhaeuser (NYSE:WY) last posted its quarterly earnings data on Thursday, January 30th. The real estate investment trust reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.04. Weyerhaeuser had a return on equity of 3.86% and a net margin of 5.56%. On average, analysts forecast that Weyerhaeuser will post 0.8 EPS for the current fiscal year.

Institutional Investors Weigh In On Weyerhaeuser

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC increased its position in shares of Weyerhaeuser by 5.2% in the fourth quarter. Sequoia Financial Advisors LLC now owns 41,624 shares of the real estate investment trust’s stock worth $1,172,000 after acquiring an additional 2,062 shares in the last quarter. HighTower Advisors LLC boosted its position in Weyerhaeuser by 61.2% during the 4th quarter. HighTower Advisors LLC now owns 330,350 shares of the real estate investment trust’s stock worth $9,299,000 after purchasing an additional 125,451 shares during the period. Warburton Capital Management LLC acquired a new stake in Weyerhaeuser in the 4th quarter valued at $227,000. GC Wealth Management RIA LLC raised its position in Weyerhaeuser by 141.2% in the fourth quarter. GC Wealth Management RIA LLC now owns 22,678 shares of the real estate investment trust’s stock valued at $638,000 after purchasing an additional 13,274 shares during the period. Finally, Independent Advisor Alliance raised its position in Weyerhaeuser by 12.1% in the fourth quarter. Independent Advisor Alliance now owns 8,709 shares of the real estate investment trust’s stock valued at $245,000 after purchasing an additional 938 shares during the period. 82.99% of the stock is currently owned by institutional investors and hedge funds.

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.