Dean Capital Management Purchases Shares of 51,187 Weyerhaeuser (NYSE:WY)

Dean Capital Management bought a new stake in Weyerhaeuser (NYSE:WY) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 51,187 shares of the real estate investment trust’s stock, valued at approximately $1,441,000.

A number of other institutional investors also recently added to or reduced their stakes in WY. Colonial Trust Co SC lifted its position in shares of Weyerhaeuser by 16.0% during the 4th quarter. Colonial Trust Co SC now owns 3,495 shares of the real estate investment trust’s stock worth $98,000 after purchasing an additional 483 shares during the last quarter. Cresset Asset Management LLC lifted its holdings in Weyerhaeuser by 2.0% during the 4th quarter. Cresset Asset Management LLC now owns 33,043 shares of the real estate investment trust’s stock worth $930,000 after buying an additional 656 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of Weyerhaeuser by 12.5% during the 4th quarter. Cetera Investment Advisers now owns 70,319 shares of the real estate investment trust’s stock worth $1,979,000 after acquiring an additional 7,810 shares in the last quarter. Centiva Capital LP increased its holdings in shares of Weyerhaeuser by 1,690.1% in the 4th quarter. Centiva Capital LP now owns 122,637 shares of the real estate investment trust’s stock valued at $3,452,000 after acquiring an additional 115,786 shares during the last quarter. Finally, Bridgefront Capital LLC acquired a new stake in shares of Weyerhaeuser during the 4th quarter worth about $1,183,000. Hedge funds and other institutional investors own 82.99% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. StockNews.com upgraded shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Thursday, February 6th. Cibc World Mkts upgraded shares of Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 15th. CIBC decreased their price objective on shares of Weyerhaeuser from $35.00 to $32.00 and set an “outperformer” rating for the company in a research note on Tuesday, April 22nd. Truist Financial cut their target price on Weyerhaeuser from $33.00 to $30.00 and set a “hold” rating on the stock in a research report on Tuesday, April 22nd. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $36.00 target price on shares of Weyerhaeuser in a research report on Monday, February 3rd. Three analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Weyerhaeuser currently has an average rating of “Moderate Buy” and a consensus target price of $33.75.

Weyerhaeuser Trading Down 1.0 %

Shares of WY stock opened at $25.58 on Wednesday. The company has a market capitalization of $18.55 billion, a P/E ratio of 46.50, a price-to-earnings-growth ratio of 4.74 and a beta of 1.15. The company has a current ratio of 1.79, a quick ratio of 1.17 and a debt-to-equity ratio of 0.50. The business’s 50 day moving average is $27.69 and its two-hundred day moving average is $29.33. Weyerhaeuser has a twelve month low of $24.10 and a twelve month high of $34.03.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $0.11 EPS for the quarter, hitting analysts’ consensus estimates of $0.11. The company had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.80 billion. Weyerhaeuser had a net margin of 5.56% and a return on equity of 3.86%. Weyerhaeuser’s quarterly revenue was down 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.16 EPS. Equities analysts forecast that Weyerhaeuser will post 0.78 EPS for the current year.

Weyerhaeuser Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.28%. This is an increase from Weyerhaeuser’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Friday, March 7th. Weyerhaeuser’s dividend payout ratio is 168.00%.

About Weyerhaeuser

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.