Moser Wealth Advisors LLC Sells 3,100 Shares of Weyerhaeuser Company $WY

Moser Wealth Advisors LLC trimmed its holdings in shares of Weyerhaeuser Company (NYSE:WY) by 17.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,560 shares of the real estate investment trust’s stock after selling 3,100 shares during the period. Moser Wealth Advisors LLC’s holdings in Weyerhaeuser were worth $374,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Bleakley Financial Group LLC raised its stake in shares of Weyerhaeuser by 37.5% during the second quarter. Bleakley Financial Group LLC now owns 55,037 shares of the real estate investment trust’s stock worth $1,414,000 after buying an additional 15,008 shares during the last quarter. Ethic Inc. increased its stake in Weyerhaeuser by 7.8% in the second quarter. Ethic Inc. now owns 27,618 shares of the real estate investment trust’s stock valued at $714,000 after purchasing an additional 2,009 shares in the last quarter. Blume Capital Management Inc. increased its stake in Weyerhaeuser by 5.2% in the second quarter. Blume Capital Management Inc. now owns 136,846 shares of the real estate investment trust’s stock valued at $3,516,000 after purchasing an additional 6,745 shares in the last quarter. DekaBank Deutsche Girozentrale increased its stake in Weyerhaeuser by 4.6% in the second quarter. DekaBank Deutsche Girozentrale now owns 520,308 shares of the real estate investment trust’s stock valued at $13,437,000 after purchasing an additional 23,054 shares in the last quarter. Finally, Unison Advisors LLC increased its stake in Weyerhaeuser by 0.8% in the second quarter. Unison Advisors LLC now owns 69,879 shares of the real estate investment trust’s stock valued at $1,795,000 after purchasing an additional 570 shares in the last quarter. 82.99% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Weyerhaeuser news, Director Sara Grootwassink Lewis bought 4,000 shares of Weyerhaeuser stock in a transaction that occurred on Monday, August 11th. The stock was acquired at an average price of $25.29 per share, for a total transaction of $101,160.00. Following the completion of the acquisition, the director owned 21,478 shares of the company’s stock, valued at $543,178.62. This trade represents a 22.89% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on WY shares. JPMorgan Chase & Co. lowered their target price on shares of Weyerhaeuser from $32.00 to $31.00 and set an “overweight” rating for the company in a research note on Wednesday, September 17th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Weyerhaeuser in a research note on Wednesday, October 8th. CIBC lowered their target price on shares of Weyerhaeuser from $32.00 to $31.00 and set an “outperformer” rating for the company in a research note on Thursday, September 11th. Wall Street Zen downgraded shares of Weyerhaeuser from a “hold” rating to a “sell” rating in a research note on Sunday, August 3rd. Finally, Truist Financial reduced their price target on shares of Weyerhaeuser from $29.00 to $27.00 and set a “hold” rating for the company in a report on Monday, October 13th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $32.63.

Weyerhaeuser Stock Up 0.8%

Weyerhaeuser stock opened at $23.81 on Friday. The stock has a market capitalization of $17.18 billion, a PE ratio of 62.66, a price-to-earnings-growth ratio of 248.35 and a beta of 1.05. Weyerhaeuser Company has a twelve month low of $23.23 and a twelve month high of $32.70. The company has a quick ratio of 0.68, a current ratio of 1.04 and a debt-to-equity ratio of 0.45. The company has a 50 day moving average of $24.93 and a 200-day moving average of $25.60.

Weyerhaeuser (NYSE:WY) last released its quarterly earnings results on Thursday, July 24th. The real estate investment trust reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.02. The company had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.94 billion. Weyerhaeuser had a net margin of 3.97% and a return on equity of 2.95%. The business’s quarterly revenue was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.21 earnings per share. On average, equities research analysts anticipate that Weyerhaeuser Company will post 0.78 EPS for the current fiscal year.

Weyerhaeuser Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 29th were issued a dividend of $0.21 per share. The ex-dividend date was Friday, August 29th. This represents a $0.84 annualized dividend and a yield of 3.5%. Weyerhaeuser’s dividend payout ratio is presently 221.05%.

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.