Banco Bilbao Vizcaya Argentaria S.A. Lowers Holdings in Weyerhaeuser (NYSE:WY)

Banco Bilbao Vizcaya Argentaria S.A. lowered its holdings in shares of Weyerhaeuser (NYSE:WY) by 33.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,747 shares of the real estate investment trust’s stock after selling 8,748 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Weyerhaeuser were worth $499,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. HB Wealth Management LLC grew its holdings in Weyerhaeuser by 2.4% during the 4th quarter. HB Wealth Management LLC now owns 15,041 shares of the real estate investment trust’s stock valued at $423,000 after buying an additional 357 shares in the last quarter. Texas Yale Capital Corp. grew its stake in Weyerhaeuser by 4.0% during the fourth quarter. Texas Yale Capital Corp. now owns 9,924 shares of the real estate investment trust’s stock valued at $279,000 after acquiring an additional 385 shares in the last quarter. Quadrant Capital Group LLC increased its holdings in Weyerhaeuser by 13.8% in the 4th quarter. Quadrant Capital Group LLC now owns 3,425 shares of the real estate investment trust’s stock valued at $96,000 after acquiring an additional 416 shares during the last quarter. Unison Advisors LLC lifted its stake in Weyerhaeuser by 0.6% in the 4th quarter. Unison Advisors LLC now owns 68,854 shares of the real estate investment trust’s stock worth $1,938,000 after purchasing an additional 419 shares in the last quarter. Finally, Prestige Wealth Management Group LLC boosted its holdings in shares of Weyerhaeuser by 4.1% during the 4th quarter. Prestige Wealth Management Group LLC now owns 10,893 shares of the real estate investment trust’s stock valued at $307,000 after purchasing an additional 431 shares during the last quarter. Institutional investors own 82.99% of the company’s stock.

Weyerhaeuser Trading Up 3.0 %

WY stock opened at $25.56 on Tuesday. Weyerhaeuser has a twelve month low of $24.10 and a twelve month high of $34.03. The stock has a market capitalization of $18.55 billion, a price-to-earnings ratio of 46.47, a price-to-earnings-growth ratio of 4.74 and a beta of 1.25. The company has a quick ratio of 1.17, a current ratio of 1.79 and a debt-to-equity ratio of 0.50. The firm’s fifty day simple moving average is $28.18 and its two-hundred day simple moving average is $29.60.

Weyerhaeuser (NYSE:WY) last issued its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. The company had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.80 billion. Weyerhaeuser had a net margin of 5.56% and a return on equity of 3.86%. The firm’s revenue was down 4.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.16 EPS. As a group, analysts anticipate that Weyerhaeuser will post 0.78 earnings per share for the current year.

Weyerhaeuser Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 3.29%. This is an increase from Weyerhaeuser’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Friday, March 7th. Weyerhaeuser’s dividend payout ratio (DPR) is 152.73%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Truist Financial decreased their target price on Weyerhaeuser from $33.00 to $30.00 and set a “hold” rating on the stock in a research report on Tuesday, April 22nd. Cibc World Mkts raised Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 15th. StockNews.com raised shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a report on Thursday, February 6th. CIBC decreased their price target on shares of Weyerhaeuser from $35.00 to $32.00 and set an “outperformer” rating on the stock in a research note on Tuesday, April 22nd. Finally, 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. Three research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Weyerhaeuser presently has an average rating of “Moderate Buy” and a consensus price target of $33.75.

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.