Weyerhaeuser Co (NYSE:WY) Shares Sold by Sumitomo Mitsui Trust Holdings Inc.

Sumitomo Mitsui Trust Holdings Inc. decreased its holdings in Weyerhaeuser Co (NYSE:WY) by 1.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,828,281 shares of the real estate investment trust’s stock after selling 45,321 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc. owned approximately 0.38% of Weyerhaeuser worth $74,497,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in WY. Dimensional Fund Advisors LP raised its holdings in Weyerhaeuser by 14.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 426,032 shares of the real estate investment trust’s stock worth $9,313,000 after purchasing an additional 54,126 shares in the last quarter. Geode Capital Management LLC raised its holdings in Weyerhaeuser by 6.7% in the fourth quarter. Geode Capital Management LLC now owns 11,271,941 shares of the real estate investment trust’s stock worth $246,032,000 after purchasing an additional 711,947 shares in the last quarter. First Hawaiian Bank raised its holdings in Weyerhaeuser by 9.0% in the first quarter. First Hawaiian Bank now owns 5,001 shares of the real estate investment trust’s stock worth $132,000 after purchasing an additional 413 shares in the last quarter. We Are One Seven LLC raised its holdings in Weyerhaeuser by 60.6% in the first quarter. We Are One Seven LLC now owns 11,830 shares of the real estate investment trust’s stock worth $311,000 after purchasing an additional 4,462 shares in the last quarter. Finally, Pacer Advisors Inc. bought a new position in Weyerhaeuser in the first quarter worth about $2,237,000. Institutional investors and hedge funds own 76.38% of the company’s stock.

In other Weyerhaeuser news, insider Devin W. Stockfish purchased 5,195 shares of the company’s stock in a transaction dated Thursday, June 6th. The shares were acquired at an average price of $23.03 per share, for a total transaction of $119,640.85. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.43% of the company’s stock.

Weyerhaeuser stock traded down $0.40 during trading hours on Friday, reaching $24.74. The stock had a trading volume of 3,457,425 shares, compared to its average volume of 3,631,161. The company has a market capitalization of $18.38 billion, a P/E ratio of 20.97, a price-to-earnings-growth ratio of 8.04 and a beta of 1.71. The company has a current ratio of 1.39, a quick ratio of 1.04 and a debt-to-equity ratio of 0.71. The stock has a 50 day moving average of $25.71. Weyerhaeuser Co has a 52 week low of $20.52 and a 52 week high of $35.79.

Weyerhaeuser (NYSE:WY) last announced its earnings results on Friday, July 26th. The real estate investment trust reported $0.16 EPS for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.06. The business had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.73 billion. Weyerhaeuser had a net margin of 0.01% and a return on equity of 5.47%. The firm’s revenue was down 20.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.44 earnings per share. On average, equities analysts anticipate that Weyerhaeuser Co will post 0.61 earnings per share for the current fiscal year.

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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