Weyerhaeuser (NYSE:WY) Shares Sold by Moser Wealth Advisors LLC

Moser Wealth Advisors LLC lowered its holdings in shares of Weyerhaeuser (NYSE:WY) by 9.5% in the third quarter, Holdings Channel reports. The firm owned 21,780 shares of the real estate investment trust’s stock after selling 2,275 shares during the quarter. Moser Wealth Advisors LLC’s holdings in Weyerhaeuser were worth $737,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the business. Victory Capital Management Inc. boosted its stake in Weyerhaeuser by 11.8% during the 3rd quarter. Victory Capital Management Inc. now owns 457,002 shares of the real estate investment trust’s stock worth $15,474,000 after purchasing an additional 48,137 shares during the period. GSA Capital Partners LLP purchased a new position in Weyerhaeuser during the 3rd quarter worth $440,000. Entropy Technologies LP raised its position in Weyerhaeuser by 162.2% during the 3rd quarter. Entropy Technologies LP now owns 109,745 shares of the real estate investment trust’s stock worth $3,716,000 after buying an additional 67,897 shares during the last quarter. Lynx Investment Advisory raised its position in Weyerhaeuser by 10,059.0% during the 3rd quarter. Lynx Investment Advisory now owns 6,197 shares of the real estate investment trust’s stock worth $210,000 after buying an additional 6,136 shares during the last quarter. Finally, Catalytic Wealth RIA LLC raised its position in Weyerhaeuser by 31.0% during the 3rd quarter. Catalytic Wealth RIA LLC now owns 9,404 shares of the real estate investment trust’s stock worth $318,000 after buying an additional 2,228 shares during the last quarter. Institutional investors and hedge funds own 82.99% of the company’s stock.

Weyerhaeuser Price Performance

Shares of NYSE WY opened at $30.68 on Wednesday. The stock has a market cap of $22.29 billion, a price-to-earnings ratio of 41.46 and a beta of 1.40. Weyerhaeuser has a 52 week low of $26.73 and a 52 week high of $36.27. The company’s 50-day moving average price is $32.26 and its 200 day moving average price is $30.78. The company has a current ratio of 2.01, a quick ratio of 1.41 and a debt-to-equity ratio of 0.49.

Weyerhaeuser (NYSE:WY) last issued its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.03. The firm had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.70 billion. Weyerhaeuser had a net margin of 7.43% and a return on equity of 4.21%. The firm’s revenue was down 13.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.33 EPS. As a group, research analysts forecast that Weyerhaeuser will post 0.46 earnings per share for the current fiscal year.

Weyerhaeuser Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be paid a $0.20 dividend. The ex-dividend date is Friday, November 29th. This represents a $0.80 dividend on an annualized basis and a yield of 2.61%. Weyerhaeuser’s payout ratio is 108.11%.

Insider Activity at Weyerhaeuser

In other news, Director James Calvin O’rourke purchased 7,800 shares of the firm’s stock in a transaction on Friday, September 13th. The shares were bought at an average cost of $32.01 per share, with a total value of $249,678.00. Following the purchase, the director now directly owns 17,672 shares of the company’s stock, valued at approximately $565,680.72. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director James Calvin O’rourke purchased 7,800 shares of the firm’s stock in a transaction on Friday, September 13th. The shares were bought at an average cost of $32.01 per share, with a total value of $249,678.00. Following the purchase, the director now directly owns 17,672 shares of the company’s stock, valued at approximately $565,680.72. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Albert Monaco purchased 31,500 shares of the firm’s stock in a transaction on Monday, August 26th. The shares were purchased at an average cost of $31.38 per share, for a total transaction of $988,470.00. Following the completion of the purchase, the director now directly owns 70,726 shares in the company, valued at $2,219,381.88. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.30% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Truist Financial upped their price objective on shares of Weyerhaeuser from $31.00 to $34.00 and gave the stock a “hold” rating in a research report on Tuesday, October 15th. Argus upgraded shares of Weyerhaeuser to a “hold” rating in a research report on Friday, August 9th. Citigroup cut their price objective on shares of Weyerhaeuser from $37.00 to $36.00 and set a “buy” rating for the company in a research report on Tuesday, July 30th. Royal Bank of Canada increased their price target on shares of Weyerhaeuser from $34.00 to $37.00 and gave the company an “outperform” rating in a report on Monday, July 29th. Finally, StockNews.com downgraded shares of Weyerhaeuser from a “hold” rating to a “sell” rating in a report on Monday, October 28th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $36.33.

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.