Nisa Investment Advisors LLC Raises Holdings in Weyerhaeuser Co (WY)

Nisa Investment Advisors LLC grew its holdings in shares of Weyerhaeuser Co (NYSE:WY) by 48.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 216,491 shares of the real estate investment trust’s stock after purchasing an additional 71,126 shares during the period. Nisa Investment Advisors LLC’s holdings in Weyerhaeuser were worth $5,702,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Truvestments Capital LLC acquired a new stake in shares of Weyerhaeuser during the first quarter worth $32,000. Westside Investment Management Inc. raised its holdings in shares of Weyerhaeuser by 160.0% during the fourth quarter. Westside Investment Management Inc. now owns 1,300 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 800 shares during the period. CNB Bank raised its holdings in shares of Weyerhaeuser by 784.0% during the fourth quarter. CNB Bank now owns 1,326 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 1,176 shares during the period. Mackey Komara & Dankovich LLC bought a new position in shares of Weyerhaeuser during the fourth quarter worth about $31,000. Finally, Rehmann Capital Advisory Group grew its position in shares of Weyerhaeuser by 37.0% during the fourth quarter. Rehmann Capital Advisory Group now owns 1,635 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 442 shares during the last quarter. 77.84% of the stock is currently owned by institutional investors.

WY has been the subject of several recent research reports. ValuEngine lowered shares of Weyerhaeuser from a “hold” rating to a “sell” rating in a research report on Wednesday, December 26th. Bank of America lowered shares of Weyerhaeuser from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 2nd. Raymond James set a $29.00 price target on shares of Weyerhaeuser and gave the stock a “buy” rating in a research report on Tuesday, January 8th. Seaport Global Securities initiated coverage on shares of Weyerhaeuser in a research report on Wednesday, January 23rd. They set a “buy” rating and a $30.00 price target for the company. Finally, BMO Capital Markets upgraded shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 price target for the company in a research report on Monday, March 11th. One research analyst has rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $33.10.

Weyerhaeuser stock opened at $26.36 on Friday. The stock has a market cap of $19.66 billion, a PE ratio of 22.34, a PEG ratio of 6.57 and a beta of 1.66. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.83 and a quick ratio of 0.63. Weyerhaeuser Co has a one year low of $20.52 and a one year high of $38.39.

Weyerhaeuser (NYSE:WY) last announced its earnings results on Friday, February 1st. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.11 by ($0.01). The company had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.71 billion. Weyerhaeuser had a net margin of 10.01% and a return on equity of 9.80%. The business’s quarterly revenue was down 10.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.31 EPS. Equities research analysts predict that Weyerhaeuser Co will post 0.82 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, March 1st were given a $0.34 dividend. The ex-dividend date was Thursday, February 28th. This represents a $1.36 dividend on an annualized basis and a yield of 5.16%. Weyerhaeuser’s dividend payout ratio is presently 115.25%.

In related news, insider Russell S. Hagen sold 8,000 shares of the stock in a transaction dated Friday, February 1st. The shares were sold at an average price of $26.32, for a total value of $210,560.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.35% of the company’s stock.

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Weyerhaeuser Company Profile

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control 12.2 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.

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Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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