Commonwealth Equity Services LLC Sells 9,429 Shares of Weyerhaeuser (NYSE:WY)

Commonwealth Equity Services LLC decreased its holdings in shares of Weyerhaeuser (NYSE:WY) by 5.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 171,664 shares of the real estate investment trust’s stock after selling 9,429 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Weyerhaeuser were worth $4,832,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Assetmark Inc. increased its position in shares of Weyerhaeuser by 290.9% in the 4th quarter. Assetmark Inc. now owns 1,239 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 922 shares in the last quarter. Asset Planning Inc bought a new stake in shares of Weyerhaeuser in the 4th quarter valued at $36,000. AdvisorNet Financial Inc increased its position in shares of Weyerhaeuser by 41.2% in the 4th quarter. AdvisorNet Financial Inc now owns 1,665 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 486 shares in the last quarter. Newbridge Financial Services Group Inc. bought a new stake in shares of Weyerhaeuser in the 4th quarter valued at $57,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in shares of Weyerhaeuser in the 4th quarter valued at $60,000. Institutional investors own 82.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Cibc World Mkts raised shares of Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 15th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $36.00 target price on shares of Weyerhaeuser in a research note on Monday, February 3rd. StockNews.com raised shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Thursday, February 6th. BMO Capital Markets raised shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $38.00 target price for the company in a research note on Friday, December 6th. Finally, CIBC raised shares of Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 target price for the company in a research note on Wednesday, January 15th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $35.00.

Weyerhaeuser Trading Down 3.1 %

Weyerhaeuser stock opened at $29.18 on Friday. The firm has a 50-day moving average of $30.03 and a 200-day moving average of $30.74. Weyerhaeuser has a one year low of $26.73 and a one year high of $36.27. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.79 and a quick ratio of 1.17. The company has a market cap of $21.17 billion, a price-to-earnings ratio of 53.05, a P/E/G ratio of 4.74 and a beta of 1.43.

Weyerhaeuser (NYSE:WY) last posted its quarterly earnings data on Thursday, January 30th. The real estate investment trust reported $0.11 EPS for the quarter, topping 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%. On average, equities analysts expect that Weyerhaeuser will post 0.78 earnings per share for the current fiscal year.

Weyerhaeuser Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were paid a $0.21 dividend. This is an increase from Weyerhaeuser’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 2.88%. The ex-dividend date was Friday, March 7th. Weyerhaeuser’s dividend payout ratio (DPR) is 152.73%.

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.