Uncommon Cents Investing LLC Has $5.21 Million Stake in Weyerhaeuser (NYSE:WY)

Uncommon Cents Investing LLC reduced its stake in Weyerhaeuser (NYSE:WY) by 1.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 184,920 shares of the real estate investment trust’s stock after selling 2,254 shares during the period. Weyerhaeuser makes up approximately 1.5% of Uncommon Cents Investing LLC’s investment portfolio, making the stock its 12th biggest position. Uncommon Cents Investing LLC’s holdings in Weyerhaeuser were worth $5,205,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in WY. Oakworth Capital Inc. bought a new stake in shares of Weyerhaeuser during the 3rd quarter valued at $25,000. Itau Unibanco Holding S.A. acquired a new position in Weyerhaeuser in the second quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in 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 valued at $32,000 after purchasing an additional 928 shares in the last quarter. Bangor Savings Bank lifted its position in Weyerhaeuser by 140.3% during the third quarter. Bangor Savings Bank now owns 1,115 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 651 shares during the period. Finally, Meeder Asset Management Inc. grew 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 worth $38,000 after buying an additional 719 shares in the last quarter. Institutional investors and hedge funds own 82.99% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on WY. Cibc World Mkts upgraded shares of Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 15th. Citigroup lowered their price objective on shares of Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th. Truist Financial reduced their target price on Weyerhaeuser from $34.00 to $33.00 and set a “hold” rating on the stock in a report on Monday, January 6th. CIBC upgraded Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 price target on the stock in a research note on Wednesday, January 15th. Finally, Raymond James upgraded Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 price objective for the company in a research report on Monday, December 23rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $35.14.

Weyerhaeuser Trading Up 0.7 %

NYSE WY opened at $30.24 on Monday. Weyerhaeuser has a twelve month low of $26.73 and a twelve month high of $36.27. The business’s fifty day moving average is $29.82 and its 200 day moving average is $30.78. The company has a quick ratio of 1.41, a current ratio of 2.01 and a debt-to-equity ratio of 0.49. The company has a market cap of $21.97 billion, a price-to-earnings ratio of 40.86 and a beta of 1.42.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings results on Thursday, October 24th. The real estate investment trust reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.03. Weyerhaeuser had a return on equity of 4.21% and a net margin of 7.43%. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.70 billion. During the same period last year, the firm posted $0.33 earnings per share. The business’s revenue for the quarter was down 13.3% on a year-over-year basis. As a group, sell-side analysts expect that Weyerhaeuser will post 0.49 EPS for the current fiscal year.

Weyerhaeuser Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.65%. The ex-dividend date of this dividend was Friday, November 29th. Weyerhaeuser’s dividend payout ratio (DPR) is currently 108.11%.

Weyerhaeuser Company Profile

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.