Weyerhaeuser Company $WY Shares Acquired by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. boosted its position in Weyerhaeuser Company (NYSE:WY) by 9.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 28,422 shares of the real estate investment trust’s stock after buying an additional 2,523 shares during the period. Coldstream Capital Management Inc.’s holdings in Weyerhaeuser were worth $730,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. GKV Capital Management Co. Inc. acquired a new stake in Weyerhaeuser in the first quarter valued at $29,000. Hantz Financial Services Inc. grew its stake in Weyerhaeuser by 86.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,125 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 521 shares during the last quarter. Costello Asset Management INC acquired a new stake in Weyerhaeuser in the 1st quarter valued at about $32,000. Private Wealth Asset Management LLC increased its holdings in Weyerhaeuser by 135.2% during the 2nd quarter. Private Wealth Asset Management LLC now owns 1,404 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 807 shares in the last quarter. Finally, Zions Bancorporation National Association UT acquired a new position in Weyerhaeuser during the first quarter worth about $40,000. 82.99% of the stock is currently owned by hedge funds and other institutional investors.

Weyerhaeuser Trading Up 0.6%

Shares of WY opened at $22.27 on Thursday. The stock has a fifty day moving average of $23.44 and a two-hundred day moving average of $25.07. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.68 and a current ratio of 1.04. The company has a market capitalization of $16.05 billion, a PE ratio of 58.59, a price-to-earnings-growth ratio of 244.04 and a beta of 1.04. Weyerhaeuser Company has a fifty-two week low of $21.16 and a fifty-two week high of $32.70.

Weyerhaeuser (NYSE:WY) last posted its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.13. The business had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.71 billion. Weyerhaeuser had a return on equity of 2.95% and a net margin of 3.97%.The business’s revenue was up 12.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.05 earnings per share. As a group, analysts forecast that Weyerhaeuser Company will post 0.78 EPS for the current year.

Weyerhaeuser Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 28th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Friday, November 28th. Weyerhaeuser’s dividend payout ratio (DPR) is presently 186.67%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. CIBC lowered their price target on shares of Weyerhaeuser from $32.00 to $31.00 and set an “outperformer” rating on the stock in a research report on Thursday, September 11th. JPMorgan Chase & Co. lowered their target price on Weyerhaeuser from $28.00 to $27.00 and set an “overweight” rating on the stock in a report on Friday, November 14th. Wall Street Zen downgraded Weyerhaeuser from a “hold” rating to a “sell” rating in a research report on Sunday, August 3rd. Royal Bank Of Canada cut their price target on Weyerhaeuser from $31.00 to $30.00 and set an “outperform” rating for the company in a report on Monday, November 3rd. Finally, Bank of America reaffirmed a “neutral” rating and set a $26.00 price objective (down previously from $29.00) on shares of Weyerhaeuser in a research note on Monday, November 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Weyerhaeuser currently has an average rating of “Moderate Buy” and an average target price of $29.78.

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.