Windward Capital Management Co. CA Sells 1,175 Shares of Weyerhaeuser (NYSE:WY)

Windward Capital Management Co. CA decreased its stake in shares of Weyerhaeuser (NYSE:WY) by 1.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 103,103 shares of the real estate investment trust’s stock after selling 1,175 shares during the period. Windward Capital Management Co. CA’s holdings in Weyerhaeuser were worth $2,902,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of WY. Oakworth Capital Inc. bought a new position in shares of Weyerhaeuser during the 3rd quarter valued at about $25,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Weyerhaeuser by 4,884.2% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 947 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 928 shares in the last quarter. Bangor Savings Bank lifted its position in shares of Weyerhaeuser by 140.3% in the third quarter. Bangor Savings Bank now owns 1,115 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 651 shares in the last quarter. Meeder Asset Management Inc. boosted its stake in Weyerhaeuser by 172.4% during the third quarter. Meeder Asset Management Inc. now owns 1,136 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 719 shares during the last quarter. Finally, Northwest Investment Counselors LLC purchased a new position in Weyerhaeuser during the 3rd quarter valued at approximately $45,000. 82.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on WY shares. Raymond James raised 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, December 23rd. Cibc World Mkts raised shares of Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 15th. StockNews.com cut shares of Weyerhaeuser from a “hold” rating to a “sell” rating in a research note on Wednesday, January 29th. Royal Bank of Canada restated an “outperform” rating and set a $36.00 target price on shares of Weyerhaeuser in a research report on Monday. Finally, Truist Financial dropped their price target on Weyerhaeuser from $34.00 to $33.00 and set a “hold” rating for the company in a research report on Monday, January 6th. One analyst has rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

Weyerhaeuser Stock Performance

Weyerhaeuser stock opened at $30.15 on Wednesday. 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 firm has a market capitalization of $21.91 billion, a P/E ratio of 54.82 and a beta of 1.42. Weyerhaeuser has a 1-year low of $26.73 and a 1-year high of $36.27. The company’s 50-day moving average is $29.70 and its 200 day moving average is $30.92.

Weyerhaeuser (NYSE:WY) last issued its quarterly earnings results on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.04. Weyerhaeuser had a return on equity of 3.86% and a net margin of 5.56%. Research analysts forecast that Weyerhaeuser will post 0.84 EPS for the current year.

Weyerhaeuser Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were given a dividend of $0.20 per share. The ex-dividend date was Friday, November 29th. This represents a $0.80 annualized dividend and a dividend yield of 2.65%. Weyerhaeuser’s dividend payout ratio (DPR) is 145.46%.

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.