Appleton Partners Inc. MA Has $490,000 Stake in Weyerhaeuser Co (WY)

Appleton Partners Inc. MA decreased its position in Weyerhaeuser Co (NYSE:WY) by 7.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,616 shares of the real estate investment trust’s stock after selling 1,490 shares during the period. Appleton Partners Inc. MA’s holdings in Weyerhaeuser were worth $490,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Truvestments Capital LLC purchased a new stake in Weyerhaeuser during the first quarter worth about $32,000. Westside Investment Management Inc. boosted its holdings in Weyerhaeuser by 160.0% during the fourth quarter. Westside Investment Management Inc. now owns 1,300 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 800 shares in the last quarter. CNB Bank boosted its holdings in Weyerhaeuser by 784.0% during the fourth quarter. CNB Bank now owns 1,326 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 1,176 shares in the last quarter. Mackey Komara & Dankovich LLC purchased a new stake in Weyerhaeuser during the fourth quarter worth about $31,000. Finally, Rehmann Capital Advisory Group boosted its holdings in Weyerhaeuser by 37.0% during the fourth quarter. Rehmann Capital Advisory Group now owns 1,635 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 442 shares in the last quarter. 77.84% of the stock is currently owned by institutional investors and hedge funds.

Shares of WY opened at $26.36 on Friday. The company has a quick ratio of 0.63, a current ratio of 0.83 and a debt-to-equity ratio of 0.60. The stock has a market cap of $19.66 billion, a price-to-earnings ratio of 22.34, a price-to-earnings-growth ratio of 6.57 and a beta of 1.66. Weyerhaeuser Co has a 12-month low of $20.52 and a 12-month high of $38.39.

Weyerhaeuser (NYSE:WY) last announced its earnings results on Friday, February 1st. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01). The business had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.71 billion. Weyerhaeuser had a return on equity of 9.80% and a net margin of 10.01%. The business’s revenue was down 10.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.31 EPS. As a group, research analysts anticipate that Weyerhaeuser Co will post 0.82 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Friday, March 1st were given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 5.16%. The ex-dividend date was Thursday, February 28th. Weyerhaeuser’s payout ratio is currently 115.25%.

A number of research firms recently commented on WY. ValuEngine raised shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a report on Monday, April 1st. Stephens raised shares of Weyerhaeuser from an “equal weight” rating to an “overweight” rating and set a $32.00 price objective on the stock in a report on Friday, April 5th. Seaport Global Securities began coverage on shares of Weyerhaeuser in a report on Tuesday, April 2nd. They set a “buy” rating on the stock. BMO Capital Markets raised shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 price objective on the stock in a report on Monday, March 11th. Finally, Bank of America downgraded shares of Weyerhaeuser from a “buy” rating to a “neutral” rating in a report on Wednesday, January 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the stock. Weyerhaeuser has a consensus rating of “Buy” and a consensus target price of $33.10.

In other Weyerhaeuser news, insider Russell S. Hagen sold 8,000 shares of Weyerhaeuser stock in a transaction dated Friday, February 1st. The shares were sold at an average price of $26.32, for a total transaction of $210,560.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.35% of the company’s stock.

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Weyerhaeuser Profile

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control 12.2 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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