9,082 Shares in Weyerhaeuser (NYSE:WY) Bought by Virtu Financial LLC

Virtu Financial LLC purchased a new stake in Weyerhaeuser (NYSE:WY) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 9,082 shares of the real estate investment trust’s stock, valued at approximately $256,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Assetmark Inc. grew its holdings in Weyerhaeuser by 290.9% in the fourth quarter. Assetmark Inc. now owns 1,239 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 922 shares during the period. Asset Planning Inc purchased a new position in shares of Weyerhaeuser in the fourth quarter valued at approximately $36,000. Lee Danner & Bass Inc. purchased a new position in Weyerhaeuser in the 4th quarter valued at $44,000. AdvisorNet Financial Inc boosted its position in Weyerhaeuser by 41.2% during the fourth quarter. AdvisorNet Financial Inc now owns 1,665 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 486 shares during the last quarter. Finally, Millstone Evans Group LLC acquired a new stake in Weyerhaeuser in the 4th quarter valued at about $52,000. Institutional investors and hedge funds own 82.99% of the company’s stock.

Weyerhaeuser Price Performance

WY stock opened at $29.38 on Friday. Weyerhaeuser has a 1 year low of $26.73 and a 1 year high of $36.10. The firm has a market capitalization of $21.32 billion, a P/E ratio of 53.41, a P/E/G ratio of 4.74 and a beta of 1.43. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.79 and a quick ratio of 1.17. The business’s 50-day moving average is $30.02 and its two-hundred day moving average is $30.71.

Weyerhaeuser (NYSE:WY) last issued its quarterly earnings results on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, topping 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%. Analysts anticipate that Weyerhaeuser will post 0.78 earnings per share for the current fiscal year.

Weyerhaeuser Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were paid a dividend of $0.21 per share. The ex-dividend date was Friday, March 7th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.86%. This is an increase from Weyerhaeuser’s previous quarterly dividend of $0.20. Weyerhaeuser’s payout ratio is presently 152.73%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. BMO Capital Markets upgraded Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $38.00 price objective on the stock in a research report on Friday, December 6th. Citigroup lowered their price target on Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, January 15th. CIBC upgraded shares of Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 price objective on the stock in a report on Wednesday, January 15th. Royal Bank of Canada reiterated an “outperform” rating and set a $36.00 price target on shares of Weyerhaeuser in a research report on Monday, February 3rd. Finally, Cibc World Mkts upgraded shares of Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 15th. Three research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Weyerhaeuser has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

Weyerhaeuser 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.