Nwam LLC Buys Shares of 8,319 Weyerhaeuser Co (NYSE:WY)

Nwam LLC acquired a new position in Weyerhaeuser Co (NYSE:WY) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 8,319 shares of the real estate investment trust’s stock, valued at approximately $219,000.

A number of other institutional investors have also added to or reduced their stakes in WY. HC Financial Advisors Inc. raised its holdings in Weyerhaeuser by 32.1% in the 3rd quarter. HC Financial Advisors Inc. now owns 11,222 shares of the real estate investment trust’s stock worth $362,000 after acquiring an additional 2,725 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Weyerhaeuser by 3.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 371,906 shares of the real estate investment trust’s stock worth $12,004,000 after acquiring an additional 13,485 shares during the last quarter. Jane Street Group LLC raised its holdings in Weyerhaeuser by 180.3% in the 3rd quarter. Jane Street Group LLC now owns 40,953 shares of the real estate investment trust’s stock worth $1,322,000 after acquiring an additional 26,343 shares during the last quarter. Pacer Advisors Inc. raised its holdings in Weyerhaeuser by 14.1% in the 3rd quarter. Pacer Advisors Inc. now owns 43,066 shares of the real estate investment trust’s stock worth $1,390,000 after acquiring an additional 5,325 shares during the last quarter. Finally, Verition Fund Management LLC purchased a new position in Weyerhaeuser in the 3rd quarter worth approximately $809,000. 77.95% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have commented on WY. 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 research report on Friday, April 5th. ValuEngine raised shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a research report on Saturday, February 2nd. Seaport Global Securities began coverage on shares of Weyerhaeuser in a research report on Tuesday, April 2nd. They issued a “buy” rating for the company. Finally, 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 research report on Monday, March 11th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $33.10.

Shares of WY traded down $0.11 during trading hours on Friday, reaching $25.55. 2,603,370 shares of the stock traded hands, compared to its average volume of 3,517,725. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.10 and a current ratio of 1.48. Weyerhaeuser Co has a 52-week low of $20.52 and a 52-week high of $38.39. The stock has a market cap of $19.11 billion, a price-to-earnings ratio of 21.65, a price-to-earnings-growth ratio of 7.82 and a beta of 1.64.

Weyerhaeuser (NYSE:WY) last released its earnings results on Friday, April 26th. The real estate investment trust reported $0.11 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.11. The company 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%. Weyerhaeuser’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.36 EPS. On average, equities research analysts predict that Weyerhaeuser Co will post 0.66 earnings per share for the current year.

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About Weyerhaeuser

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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