Entropy Technologies LP Has $668,000 Holdings in Weyerhaeuser (NYSE:WY)

Entropy Technologies LP decreased its holdings in Weyerhaeuser (NYSE:WY) by 78.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,747 shares of the real estate investment trust’s stock after selling 85,998 shares during the period. Entropy Technologies LP’s holdings in Weyerhaeuser were worth $668,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. CWM LLC boosted its holdings in shares of Weyerhaeuser by 2.2% during the 3rd quarter. CWM LLC now owns 17,185 shares of the real estate investment trust’s stock worth $582,000 after buying an additional 368 shares during the period. Livforsakringsbolaget Skandia Omsesidigt lifted its position in Weyerhaeuser by 249.1% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 7,157 shares of the real estate investment trust’s stock worth $242,000 after acquiring an additional 5,107 shares during the last quarter. Exchange Traded Concepts LLC bought a new stake in shares of Weyerhaeuser during the third quarter worth approximately $233,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Weyerhaeuser by 4,884.2% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 947 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 928 shares during the last quarter. Finally, Procyon Advisors LLC increased its stake in shares of Weyerhaeuser by 3.1% during the third quarter. Procyon Advisors LLC now owns 63,109 shares of the real estate investment trust’s stock worth $2,137,000 after purchasing an additional 1,922 shares during the period. 82.99% of the stock is owned by institutional investors and hedge funds.

Weyerhaeuser Trading Down 0.4 %

Shares of Weyerhaeuser stock opened at $30.00 on Wednesday. The firm’s 50-day moving average price is $29.50 and its two-hundred day moving average price is $30.92. The company has a market capitalization of $21.79 billion, a price-to-earnings ratio of 54.54, a PEG ratio of 4.69 and a beta of 1.42. The company has a quick ratio of 1.17, a current ratio of 1.79 and a debt-to-equity ratio of 0.50. Weyerhaeuser has a 12-month low of $26.73 and a 12-month high of $36.27.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings data on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.04. Weyerhaeuser had a net margin of 5.56% and a return on equity of 3.86%. On average, analysts forecast that Weyerhaeuser will post 0.8 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms recently issued reports on WY. Cibc World Mkts upgraded Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 15th. Citigroup reduced their target price on shares of Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th. StockNews.com raised shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a research report on Thursday, February 6th. Royal Bank of Canada reissued an “outperform” rating and issued a $36.00 price objective on shares of Weyerhaeuser in a report on Monday, February 3rd. Finally, BMO Capital Markets upgraded shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $38.00 target price on the stock in a research report on Friday, December 6th. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Weyerhaeuser presently has an average rating of “Moderate Buy” and a consensus price target of $35.00.

Weyerhaeuser Company Profile

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.