Hunter Associates Investment Management LLC Trims Position in Weyerhaeuser (NYSE:WY)

Hunter Associates Investment Management LLC trimmed its position in shares of Weyerhaeuser (NYSE:WY) by 8.5% during the 4th quarter, Holdings Channel reports. The firm owned 35,910 shares of the real estate investment trust’s stock after selling 3,325 shares during the period. Hunter Associates Investment Management LLC’s holdings in Weyerhaeuser were worth $1,005,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of WY. Sonora Investment Management Group LLC lifted its holdings in Weyerhaeuser by 56.5% in the 4th quarter. Sonora Investment Management Group LLC now owns 51,785 shares of the real estate investment trust’s stock worth $1,458,000 after purchasing an additional 18,698 shares in the last quarter. Cultivar Capital Inc. lifted its holdings in shares of Weyerhaeuser by 0.8% in the fourth quarter. Cultivar Capital Inc. now owns 328,711 shares of the real estate investment trust’s stock worth $9,253,000 after buying an additional 2,565 shares in the last quarter. First Affirmative Financial Network grew its stake in Weyerhaeuser by 5.5% during the fourth quarter. First Affirmative Financial Network now owns 12,414 shares of the real estate investment trust’s stock valued at $349,000 after acquiring an additional 652 shares in the last quarter. Cascade Investment Advisors Inc. grew its stake in Weyerhaeuser by 1.1% during the fourth quarter. Cascade Investment Advisors Inc. now owns 47,125 shares of the real estate investment trust’s stock valued at $1,327,000 after acquiring an additional 525 shares in the last quarter. Finally, Pacer Advisors Inc. increased its holdings in Weyerhaeuser by 10.9% in the 4th quarter. Pacer Advisors Inc. now owns 60,643 shares of the real estate investment trust’s stock valued at $1,707,000 after acquiring an additional 5,948 shares during the last quarter. Institutional investors own 82.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on WY. Cibc World Mkts upgraded Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 15th. Raymond James upgraded Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 price target for the company in a report on Monday, December 23rd. CIBC raised Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 price objective on the stock in a report on Wednesday, January 15th. StockNews.com downgraded Weyerhaeuser from a “hold” rating to a “sell” rating in a research report on Wednesday. Finally, Citigroup reduced their price target 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. One equities 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 assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.14.

Weyerhaeuser Stock Up 1.7 %

Shares of WY opened at $31.06 on Friday. The company has a quick ratio of 1.41, a current ratio of 2.01 and a debt-to-equity ratio of 0.49. The business has a fifty day moving average of $29.73 and a 200 day moving average of $30.90. The company has a market cap of $22.56 billion, a PE ratio of 41.97 and a beta of 1.42. Weyerhaeuser has a 52-week low of $26.73 and a 52-week high of $36.27.

Weyerhaeuser (NYSE:WY) last released its earnings results on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.04. Weyerhaeuser had a net margin of 7.43% and a return on equity of 4.21%. On average, sell-side analysts expect that Weyerhaeuser will post 0.49 EPS for the current year.

Weyerhaeuser Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were given a dividend of $0.20 per share. The ex-dividend date was Friday, November 29th. This represents a $0.80 annualized dividend and a dividend yield of 2.58%. Weyerhaeuser’s dividend payout ratio (DPR) is presently 108.11%.

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.