Wetherby Asset Management Inc. Grows Holdings in Weyerhaeuser Co (NYSE:WY)

Wetherby Asset Management Inc. raised its position in Weyerhaeuser Co (NYSE:WY) by 11.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,557 shares of the real estate investment trust’s stock after buying an additional 1,498 shares during the period. Wetherby Asset Management Inc.’s holdings in Weyerhaeuser were worth $383,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WY. FMR LLC increased its holdings in Weyerhaeuser by 336.8% in the first quarter. FMR LLC now owns 2,072,642 shares of the real estate investment trust’s stock valued at $54,594,000 after buying an additional 1,598,165 shares in the last quarter. American Century Companies Inc. grew its stake in Weyerhaeuser by 9.2% during the 1st quarter. American Century Companies Inc. now owns 18,464,294 shares of the real estate investment trust’s stock valued at $486,350,000 after acquiring an additional 1,559,897 shares in the last quarter. Janus Henderson Group PLC grew its stake in Weyerhaeuser by 64.4% during the 1st quarter. Janus Henderson Group PLC now owns 2,668,663 shares of the real estate investment trust’s stock valued at $70,293,000 after acquiring an additional 1,045,476 shares in the last quarter. BlackRock Inc. grew its stake in Weyerhaeuser by 1.9% during the 1st quarter. BlackRock Inc. now owns 52,954,173 shares of the real estate investment trust’s stock valued at $1,394,812,000 after acquiring an additional 1,006,414 shares in the last quarter. Finally, Pictet Asset Management Ltd. grew its stake in Weyerhaeuser by 26.5% during the 1st quarter. Pictet Asset Management Ltd. now owns 4,037,112 shares of the real estate investment trust’s stock valued at $106,338,000 after acquiring an additional 845,398 shares in the last quarter. 76.38% of the stock is owned by institutional investors.

NYSE WY traded down $0.54 during trading hours on Friday, hitting $24.61. 813,684 shares of the company’s stock traded hands, compared to its average volume of 3,620,011. Weyerhaeuser Co has a 52-week low of $20.52 and a 52-week high of $35.79. The company has a market cap of $18.65 billion, a P/E ratio of 20.85, a PEG ratio of 7.93 and a beta of 1.71. The company has a quick ratio of 1.04, a current ratio of 1.39 and a debt-to-equity ratio of 0.71. The company’s 50-day moving average is $25.75.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings data on Friday, July 26th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.06. Weyerhaeuser had a net margin of 0.01% and a return on equity of 5.47%. The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.73 billion. During the same quarter in the prior year, the company earned $0.44 EPS. Weyerhaeuser’s revenue was down 20.4% compared to the same quarter last year. On average, equities research analysts predict that Weyerhaeuser Co will post 0.61 EPS for the current year.

In other Weyerhaeuser news, insider Devin W. Stockfish acquired 5,195 shares of the company’s stock in a transaction that occurred on Thursday, June 6th. The stock was bought at an average price of $23.03 per share, with a total value of $119,640.85. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.43% of the stock is currently owned by corporate insiders.

Weyerhaeuser Company 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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