Weyerhaeuser Co (WY) Holdings Increased by Vicus Capital

Vicus Capital raised its holdings in shares of Weyerhaeuser Co (NYSE:WY) by 16.3% during the 1st quarter, HoldingsChannel reports. The fund owned 30,552 shares of the real estate investment trust’s stock after purchasing an additional 4,288 shares during the period. Vicus Capital’s holdings in Weyerhaeuser were worth $805,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the business. HC Financial Advisors Inc. raised its stake in shares of Weyerhaeuser by 32.1% in the third quarter. HC Financial Advisors Inc. now owns 11,222 shares of the real estate investment trust’s stock valued at $362,000 after acquiring an additional 2,725 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Weyerhaeuser by 3.8% in the third quarter. Dimensional Fund Advisors LP now owns 371,906 shares of the real estate investment trust’s stock valued at $12,004,000 after acquiring an additional 13,485 shares during the period. Nordea Investment Management AB purchased a new stake in shares of Weyerhaeuser in the third quarter valued at $32,042,000. Standard Life Aberdeen plc raised its stake in shares of Weyerhaeuser by 209.1% in the third quarter. Standard Life Aberdeen plc now owns 750,898 shares of the real estate investment trust’s stock valued at $24,235,000 after acquiring an additional 507,949 shares during the period. Finally, Legal & General Group Plc raised its stake in shares of Weyerhaeuser by 1.5% in the third quarter. Legal & General Group Plc now owns 3,345,668 shares of the real estate investment trust’s stock valued at $107,964,000 after acquiring an additional 49,457 shares during the period. 77.95% of the stock is currently owned by hedge funds and other institutional investors.

NYSE WY opened at $25.61 on Friday. The company has a current ratio of 1.48, a quick ratio of 1.10 and a debt-to-equity ratio of 0.70. The stock has a market capitalization of $19.10 billion, a PE ratio of 21.69, a P/E/G ratio of 8.16 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 results on Friday, April 26th. The real estate investment trust reported $0.11 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.11. The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.68 billion. Weyerhaeuser had a net margin of 2.62% and a return on equity of 7.69%. The business’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.36 earnings per share. As a group, equities research analysts anticipate that Weyerhaeuser Co will post 0.66 earnings per share for the current year.

Several equities research analysts have recently weighed in on WY shares. ValuEngine raised shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Monday, April 1st. Stephens raised shares of Weyerhaeuser from an “equal weight” rating to an “overweight” rating and set a $32.00 target price on the stock in a research note on Friday, April 5th. Seaport Global Securities started coverage on shares of Weyerhaeuser in a research note on Wednesday, January 23rd. They issued a “buy” rating and a $30.00 target price on the stock. Finally, BMO Capital Markets upgraded shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 price target on the stock in a report on Monday, March 11th. 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. The company has a consensus rating of “Buy” and a consensus target price of $33.10.

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Weyerhaeuser 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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