Lodestar Investment Counsel LLC IL Acquires 500 Shares of Weyerhaeuser Co (WY)

Lodestar Investment Counsel LLC IL grew its holdings in shares of Weyerhaeuser Co (NYSE:WY) by 4.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 12,680 shares of the real estate investment trust’s stock after purchasing an additional 500 shares during the period. Lodestar Investment Counsel LLC IL’s holdings in Weyerhaeuser were worth $334,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. Mutual of Omaha Bank Wealth Management raised its stake in Weyerhaeuser by 1.2% during the 4th quarter. Mutual of Omaha Bank Wealth Management now owns 32,487 shares of the real estate investment trust’s stock valued at $710,000 after buying an additional 385 shares during the last quarter. Argyle Capital Management Inc. raised its stake in Weyerhaeuser by 0.3% during the 4th quarter. Argyle Capital Management Inc. now owns 118,208 shares of the real estate investment trust’s stock valued at $2,584,000 after buying an additional 400 shares during the last quarter. Mairs & Power INC grew its position in shares of Weyerhaeuser by 2.2% during the 4th quarter. Mairs & Power INC now owns 18,975 shares of the real estate investment trust’s stock valued at $415,000 after acquiring an additional 405 shares during the period. First Hawaiian Bank grew its position in shares of Weyerhaeuser by 9.0% during the 1st quarter. First Hawaiian Bank now owns 5,001 shares of the real estate investment trust’s stock valued at $132,000 after acquiring an additional 413 shares during the period. Finally, Rehmann Capital Advisory Group grew its position in shares of Weyerhaeuser by 37.0% during the 4th quarter. Rehmann Capital Advisory Group now owns 1,635 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 442 shares during the period. Hedge funds and other institutional investors own 77.79% of the company’s stock.

Shares of NYSE WY opened at $26.78 on Friday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.10 and a current ratio of 1.48. The stock has a market cap of $19.95 billion, a PE ratio of 22.69, a price-to-earnings-growth ratio of 8.17 and a beta of 1.64. Weyerhaeuser Co has a 12-month low of $20.52 and a 12-month high of $38.39.

Weyerhaeuser (NYSE:WY) last posted its quarterly earnings data on Friday, April 26th. The real estate investment trust reported $0.11 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.11. The company had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.68 billion. Weyerhaeuser had a net margin of 2.62% and a return on equity of 7.69%. The firm’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.36 EPS. As a group, sell-side analysts expect that Weyerhaeuser Co will post 0.66 EPS for the current year.

A number of equities research analysts have recently issued reports on WY shares. Seaport Global Securities started coverage on shares of Weyerhaeuser in a research report on Wednesday, January 23rd. They set a “buy” rating and a $30.00 price objective for the company. Raymond James set a $29.00 price objective on shares of Weyerhaeuser and gave the company a “buy” rating in a research report on Tuesday, January 8th. ValuEngine raised shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a research report on Saturday, February 2nd. BMO Capital Markets raised shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 target price for the company in a report on Monday, March 11th. Finally, Stephens raised shares of Weyerhaeuser from an “equal weight” rating to an “overweight” rating and set a $32.00 target price for the company in a report on Friday, April 5th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $33.10.

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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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