Strategic Financial Concepts LLC Takes Position in Weyerhaeuser (NYSE:WY)

Strategic Financial Concepts LLC bought a new position in shares of Weyerhaeuser (NYSE:WY) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 12,962 shares of the real estate investment trust’s stock, valued at approximately $365,000.

Several other large investors have also recently bought and sold shares of the stock. Oak Thistle LLC bought a new position in shares of Weyerhaeuser in the 4th quarter valued at about $1,214,000. Sonora Investment Management Group LLC grew its holdings in Weyerhaeuser by 56.5% during the fourth quarter. Sonora Investment Management Group LLC now owns 51,785 shares of the real estate investment trust’s stock worth $1,458,000 after purchasing an additional 18,698 shares during the period. Czech National Bank increased its position in Weyerhaeuser by 6.3% during the fourth quarter. Czech National Bank now owns 157,538 shares of the real estate investment trust’s stock worth $4,435,000 after buying an additional 9,377 shares during the last quarter. Inspire Trust Co. N.A. increased its position in Weyerhaeuser by 148.2% during the third quarter. Inspire Trust Co. N.A. now owns 125,620 shares of the real estate investment trust’s stock worth $4,253,000 after buying an additional 75,000 shares during the last quarter. Finally, Franklin Resources Inc. raised its stake in Weyerhaeuser by 10.2% in the third quarter. Franklin Resources Inc. now owns 729,570 shares of the real estate investment trust’s stock valued at $23,777,000 after buying an additional 67,314 shares during the period. 82.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on WY. Raymond James upgraded Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 target price for the company in a research note on Monday, December 23rd. Cibc World Mkts raised shares of Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 15th. BMO Capital Markets raised shares of 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. StockNews.com upgraded shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Thursday, February 6th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $36.00 price target on shares of Weyerhaeuser in a research note on Monday, February 3rd. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Weyerhaeuser currently has an average rating of “Moderate Buy” and an average target price of $35.00.

Weyerhaeuser Price Performance

Shares of Weyerhaeuser stock opened at $29.60 on Thursday. The company has a quick ratio of 1.17, a current ratio of 1.79 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $21.51 billion, a price-to-earnings ratio of 53.82, a price-to-earnings-growth ratio of 4.69 and a beta of 1.42. Weyerhaeuser has a twelve month low of $26.73 and a twelve month high of $36.27. The company has a 50-day simple moving average of $29.47 and a two-hundred day simple moving average of $30.91.

Weyerhaeuser (NYSE:WY) last released its quarterly earnings results on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share for the quarter, beating 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 forecast that Weyerhaeuser will post 0.8 EPS for the current year.

Weyerhaeuser Company 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.