United Capital Financial Advisers LLC Boosts Stake in Weyerhaeuser Co (NYSE:WY)

United Capital Financial Advisers LLC raised its holdings in Weyerhaeuser Co (NYSE:WY) by 8.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 115,277 shares of the real estate investment trust’s stock after acquiring an additional 8,843 shares during the period. United Capital Financial Advisers LLC’s holdings in Weyerhaeuser were worth $3,036,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of WY. Penserra Capital Management LLC acquired a new stake in shares of Weyerhaeuser during the 1st quarter worth $29,000. Zions Bancorporation N.A. acquired a new stake in shares of Weyerhaeuser during the 1st quarter worth $29,000. NuWave Investment Management LLC acquired a new stake in shares of Weyerhaeuser during the 2nd quarter worth $30,000. Rational Advisors LLC acquired a new stake in shares of Weyerhaeuser during the 2nd quarter worth $30,000. Finally, NEXT Financial Group Inc increased its holdings in shares of Weyerhaeuser by 197.3% during the 2nd quarter. NEXT Financial Group Inc now owns 1,189 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 789 shares during the last quarter. Institutional investors own 76.98% of the company’s stock.

Shares of WY stock traded up $0.03 on Wednesday, reaching $27.86. 46,814 shares of the stock were exchanged, compared to its average volume of 3,246,925. The stock has a market cap of $20.72 billion, a P/E ratio of 23.60, a price-to-earnings-growth ratio of 9.58 and a beta of 1.67. 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 firm has a 50 day moving average of $25.78 and a two-hundred day moving average of $25.59. Weyerhaeuser Co has a 1-year low of $20.52 and a 1-year high of $34.09.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings results on Friday, July 26th. The real estate investment trust reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.06. Weyerhaeuser had a net margin of 0.01% and a return on equity of 5.47%. The firm had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.73 billion. During the same period in the prior year, the company earned $0.44 EPS. The firm’s revenue was down 20.4% on a year-over-year basis. On average, equities research analysts predict that Weyerhaeuser Co will post 0.57 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 20th. Investors of record on Friday, September 6th will be given a dividend of $0.34 per share. The ex-dividend date is Thursday, September 5th. This represents a $1.36 dividend on an annualized basis and a yield of 4.88%. Weyerhaeuser’s dividend payout ratio (DPR) is 115.25%.

Separately, ValuEngine downgraded Weyerhaeuser from a “buy” rating to a “hold” rating in a report on Thursday, September 5th. One analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $33.10.

About Weyerhaeuser

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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