Schwarz Dygos Wheeler Investment Advisors LLC Has $2.23 Million Stock Position in Weyerhaeuser Company $WY

Schwarz Dygos Wheeler Investment Advisors LLC raised its position in shares of Weyerhaeuser Company (NYSE:WY) by 4.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 86,742 shares of the real estate investment trust’s stock after acquiring an additional 3,936 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in Weyerhaeuser were worth $2,228,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. grew its position in Weyerhaeuser by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 113,775,816 shares of the real estate investment trust’s stock worth $3,331,356,000 after purchasing an additional 339,884 shares during the last quarter. Wellington Management Group LLP raised its position in shares of Weyerhaeuser by 0.5% during the first quarter. Wellington Management Group LLP now owns 35,766,174 shares of the real estate investment trust’s stock valued at $1,047,234,000 after buying an additional 193,854 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Weyerhaeuser by 1.7% in the second quarter. Geode Capital Management LLC now owns 19,909,790 shares of the real estate investment trust’s stock valued at $509,460,000 after buying an additional 340,948 shares during the period. Bank of New York Mellon Corp grew its position in Weyerhaeuser by 86.5% during the second quarter. Bank of New York Mellon Corp now owns 13,550,466 shares of the real estate investment trust’s stock worth $348,111,000 after buying an additional 6,284,982 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in Weyerhaeuser by 3.8% during the first quarter. JPMorgan Chase & Co. now owns 11,931,955 shares of the real estate investment trust’s stock worth $349,368,000 after buying an additional 440,163 shares in the last quarter. 82.99% of the stock is owned by institutional investors and hedge funds.

Weyerhaeuser Stock Performance

WY stock opened at $22.44 on Friday. The company has a quick ratio of 0.68, a current ratio of 1.04 and a debt-to-equity ratio of 0.45. Weyerhaeuser Company has a twelve month low of $22.28 and a twelve month high of $32.70. The company has a market cap of $16.18 billion, a P/E ratio of 59.06, a price-to-earnings-growth ratio of 244.04 and a beta of 1.04. The business’s fifty day moving average is $24.07 and its 200-day moving average is $25.34.

Weyerhaeuser (NYSE:WY) last posted its earnings results 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. Weyerhaeuser had a return on equity of 2.95% and a net margin of 3.97%.The company had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.71 billion. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.05 EPS. Equities research analysts forecast that Weyerhaeuser Company will post 0.78 EPS for the current year.

Weyerhaeuser Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 28th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Friday, November 28th. Weyerhaeuser’s dividend payout ratio (DPR) is presently 186.67%.

Analysts Set New Price Targets

Several brokerages recently commented on WY. Wall Street Zen cut Weyerhaeuser from a “hold” rating to a “sell” rating in a research report on Sunday, August 3rd. Weiss Ratings lowered Weyerhaeuser from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, November 7th. DA Davidson reduced their target price on shares of Weyerhaeuser from $35.00 to $31.00 and set a “buy” rating on the stock in a research note on Monday, November 3rd. Citigroup reduced their price target on shares of Weyerhaeuser from $28.00 to $26.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Royal Bank Of Canada reduced their target price on Weyerhaeuser from $31.00 to $30.00 and set an “outperform” rating on the stock in a report on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $30.75.

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.