SFE Investment Counsel Has $7.09 Million Stake in Weyerhaeuser Co (NYSE:WY)

SFE Investment Counsel grew its stake in Weyerhaeuser Co (NYSE:WY) by 2.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 201,176 shares of the real estate investment trust’s stock after buying an additional 4,097 shares during the quarter. Weyerhaeuser accounts for about 2.9% of SFE Investment Counsel’s investment portfolio, making the stock its 8th biggest holding. SFE Investment Counsel’s holdings in Weyerhaeuser were worth $7,093,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in WY. Principal Financial Group Inc. lifted its position in shares of Weyerhaeuser by 110.0% in the third quarter. Principal Financial Group Inc. now owns 2,818,177 shares of the real estate investment trust’s stock worth $95,903,000 after purchasing an additional 1,476,159 shares in the last quarter. Janus Henderson Group PLC lifted its position in shares of Weyerhaeuser by 1,559.9% in the second quarter. Janus Henderson Group PLC now owns 1,479,067 shares of the real estate investment trust’s stock worth $49,550,000 after purchasing an additional 1,389,961 shares in the last quarter. First Eagle Investment Management LLC lifted its position in shares of Weyerhaeuser by 2.6% in the third quarter. First Eagle Investment Management LLC now owns 37,712,997 shares of the real estate investment trust’s stock worth $1,283,373,000 after purchasing an additional 951,807 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Weyerhaeuser by 5.8% in the third quarter. American Century Companies Inc. now owns 17,058,712 shares of the real estate investment trust’s stock worth $580,508,000 after purchasing an additional 934,684 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Weyerhaeuser by 9.4% in the third quarter. JPMorgan Chase & Co. now owns 9,491,183 shares of the real estate investment trust’s stock worth $322,797,000 after purchasing an additional 813,226 shares in the last quarter. Institutional investors own 74.69% of the company’s stock.

Shares of Weyerhaeuser Co (NYSE WY) traded down $0.16 on Thursday, hitting $34.80. 1,333,263 shares of the stock traded hands, compared to its average volume of 4,641,973. The company has a market capitalization of $25,836.18, a price-to-earnings ratio of 45.04, a PEG ratio of 5.11 and a beta of 1.42. Weyerhaeuser Co has a 52 week low of $30.95 and a 52 week high of $37.89. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.47 and a quick ratio of 1.14.

Weyerhaeuser (NYSE:WY) last issued its quarterly earnings data on Friday, February 2nd. The real estate investment trust reported $0.31 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.04). The company had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.89 billion. Weyerhaeuser had a net margin of 8.09% and a return on equity of 9.62%. Weyerhaeuser’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.14 earnings per share. sell-side analysts expect that Weyerhaeuser Co will post 1.34 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 23rd. Stockholders of record on Friday, March 2nd will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 3.68%. The ex-dividend date is Thursday, March 1st. Weyerhaeuser’s payout ratio is presently 166.24%.

In other news, insider Rhonda D. Hunter sold 23,343 shares of the stock in a transaction dated Friday, November 24th. The shares were sold at an average price of $36.12, for a total value of $843,149.16. Following the transaction, the insider now directly owns 98,973 shares of the company’s stock, valued at $3,574,904.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.20% of the stock is owned by corporate insiders.

A number of brokerages have recently commented on WY. Zacks Investment Research lowered shares of Weyerhaeuser from a “hold” rating to a “sell” rating in a research report on Saturday, February 10th. Bank of America raised shares of Weyerhaeuser from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 24th. TheStreet raised shares of Weyerhaeuser from a “c+” rating to a “b-” rating in a research report on Wednesday, November 8th. Argus upped their price target on shares of Weyerhaeuser from $37.00 to $39.00 and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Finally, Stephens initiated coverage on shares of Weyerhaeuser in a research report on Tuesday, October 24th. They set an “equal weight” rating and a $35.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company. Weyerhaeuser presently has an average rating of “Hold” and a consensus price target of $37.44.

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About Weyerhaeuser

Weyerhaeuser Company is a timber, land and forest products company. As of December 31, 2016, the Company owned or controlled 13.1 million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. The Company’s segments include Timberlands; Real Estate, Energy and Natural Resources (Real Estate & ENR), and Wood Products.

Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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