Schwarz Dygos Wheeler Investment Advisors LLC Purchases 645 Shares of Weyerhaeuser (NYSE:WY)

Schwarz Dygos Wheeler Investment Advisors LLC increased its position in Weyerhaeuser (NYSE:WY) by 0.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,178 shares of the real estate investment trust’s stock after purchasing an additional 645 shares during the period. Weyerhaeuser makes up approximately 0.8% of Schwarz Dygos Wheeler Investment Advisors LLC’s holdings, making the stock its 28th biggest position. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in Weyerhaeuser were worth $2,649,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Turtle Creek Wealth Advisors LLC bought a new position in Weyerhaeuser during the 4th quarter valued at about $26,000. Millburn Ridgefield Corp purchased a new stake in shares of Weyerhaeuser during the 3rd quarter valued at about $25,000. Raleigh Capital Management Inc. increased its position in shares of Weyerhaeuser by 606.7% during the 3rd quarter. Raleigh Capital Management Inc. now owns 848 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 728 shares during the last quarter. Lindbrook Capital LLC increased its position in shares of Weyerhaeuser by 92.6% during the 4th quarter. Lindbrook Capital LLC now owns 888 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 427 shares during the last quarter. Finally, Princeton Global Asset Management LLC increased its position in shares of Weyerhaeuser by 400.0% during the 4th quarter. Princeton Global Asset Management LLC now owns 1,250 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors own 82.99% of the company’s stock.

Weyerhaeuser Price Performance

NYSE:WY traded down $0.41 during trading hours on Friday, reaching $31.05. The stock had a trading volume of 3,616,663 shares, compared to its average volume of 2,781,766. The company has a debt-to-equity ratio of 0.50, a quick ratio of 2.22 and a current ratio of 2.94. Weyerhaeuser has a 52 week low of $28.12 and a 52 week high of $36.27. The company has a 50 day moving average price of $33.94 and a two-hundred day moving average price of $32.71. The stock has a market capitalization of $22.65 billion, a PE ratio of 28.23 and a beta of 1.43.

Weyerhaeuser (NYSE:WY) last announced its earnings results on Thursday, April 25th. The real estate investment trust reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01. The firm had revenue of $1.80 billion during the quarter, compared to analysts’ expectations of $1.86 billion. Weyerhaeuser had a return on equity of 6.98% and a net margin of 10.57%. The company’s quarterly revenue was down 4.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.21 EPS. As a group, sell-side analysts anticipate that Weyerhaeuser will post 0.99 earnings per share for the current fiscal year.

Weyerhaeuser Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Friday, March 8th were issued a $0.20 dividend. This is a boost from Weyerhaeuser’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.58%. Weyerhaeuser’s payout ratio is 72.73%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on WY shares. CIBC set a $37.00 target price on shares of Weyerhaeuser and gave the stock a “neutral” rating in a report on Wednesday, March 13th. Royal Bank of Canada reissued an “outperform” rating and issued a $39.00 target price on shares of Weyerhaeuser in a report on Monday, January 29th. StockNews.com lowered shares of Weyerhaeuser from a “buy” rating to a “hold” rating in a report on Monday, January 29th. BMO Capital Markets lifted their price target on shares of Weyerhaeuser from $36.00 to $38.00 and gave the company a “market perform” rating in a report on Friday, March 22nd. Finally, Truist Financial reissued a “hold” rating and set a $36.00 price objective on shares of Weyerhaeuser in a report on Wednesday, April 3rd. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, Weyerhaeuser presently has a consensus rating of “Hold” and an average price target of $38.00.

Insider Transactions at Weyerhaeuser

In other news, CFO David M. Wold sold 924 shares of Weyerhaeuser stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $32.84, for a total transaction of $30,344.16. Following the completion of the sale, the chief financial officer now directly owns 60,655 shares in the company, valued at $1,991,910.20. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Weyerhaeuser news, CFO David M. Wold sold 924 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $32.84, for a total value of $30,344.16. Following the transaction, the chief financial officer now directly owns 60,655 shares in the company, valued at approximately $1,991,910.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Keith O’rear sold 8,349 shares of Weyerhaeuser stock in a transaction that occurred on Thursday, March 28th. The shares were sold at an average price of $36.03, for a total transaction of $300,814.47. Following the sale, the senior vice president now directly owns 170,665 shares of the company’s stock, valued at approximately $6,149,059.95. The disclosure for this sale can be found here. In the last 90 days, insiders sold 42,699 shares of company stock worth $1,455,609. 0.27% of the stock is currently owned by company insiders.

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.