5,500 Shares in Weyerhaeuser (NYSE:WY) Acquired by Jarislowsky Fraser Ltd

Jarislowsky Fraser Ltd acquired a new position in Weyerhaeuser (NYSE:WYGet Rating) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,500 shares of the real estate investment trust’s stock, valued at approximately $226,000.

A number of other large investors have also recently added to or reduced their stakes in WY. Kistler Tiffany Companies LLC bought a new stake in shares of Weyerhaeuser in the fourth quarter valued at approximately $32,000. FinTrust Capital Advisors LLC boosted its position in shares of Weyerhaeuser by 4,000.0% in the third quarter. FinTrust Capital Advisors LLC now owns 820 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 800 shares during the period. Concord Wealth Partners bought a new stake in shares of Weyerhaeuser in the fourth quarter valued at approximately $40,000. Future Financial Wealth Managment LLC bought a new stake in shares of Weyerhaeuser in the fourth quarter valued at approximately $41,000. Finally, Hexagon Capital Partners LLC bought a new stake in shares of Weyerhaeuser in the fourth quarter valued at approximately $60,000. Hedge funds and other institutional investors own 82.38% of the company’s stock.

Weyerhaeuser stock opened at $38.18 on Tuesday. The business’s 50-day simple moving average is $39.55 and its 200 day simple moving average is $39.38. The stock has a market cap of $28.43 billion, a price-to-earnings ratio of 10.64 and a beta of 1.48. Weyerhaeuser has a 12-month low of $32.65 and a 12-month high of $43.04. The company has a quick ratio of 2.20, a current ratio of 2.82 and a debt-to-equity ratio of 0.49.

Weyerhaeuser (NYSE:WYGet Rating) last posted its quarterly earnings results on Friday, April 29th. The real estate investment trust reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.24. Weyerhaeuser had a return on equity of 27.03% and a net margin of 24.96%. The business had revenue of $2.21 billion for the quarter, compared to analysts’ expectations of $2.99 billion. During the same quarter last year, the business earned $0.91 earnings per share. The firm’s quarterly revenue was down 12.0% compared to the same quarter last year. As a group, sell-side analysts expect that Weyerhaeuser will post 2.97 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 17th. Shareholders of record on Friday, June 3rd will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date is Thursday, June 2nd. Weyerhaeuser’s dividend payout ratio (DPR) is currently 20.06%.

A number of research analysts recently commented on WY shares. BMO Capital Markets lowered Weyerhaeuser from an “outperform” rating to a “market perform” rating and set a $42.00 target price for the company. in a research note on Monday, May 2nd. StockNews.com lowered Weyerhaeuser from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, May 4th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $42.20.

Weyerhaeuser Profile (Get Rating)

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.

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Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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