Commonwealth of Pennsylvania Public School Empls Retrmt SYS Increases Stock Position in Weyerhaeuser Company $WY

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Weyerhaeuser Company (NYSE:WY) by 7.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 177,877 shares of the real estate investment trust’s stock after purchasing an additional 11,947 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Weyerhaeuser were worth $4,570,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. GKV Capital Management Co. Inc. purchased a new stake in Weyerhaeuser during the first quarter worth $29,000. Hantz Financial Services Inc. raised its position in shares of Weyerhaeuser by 86.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,125 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 521 shares in the last quarter. Costello Asset Management INC purchased a new stake in shares of Weyerhaeuser during the 1st quarter worth $32,000. Marshall Investment Management LLC purchased a new stake in shares of Weyerhaeuser during the 1st quarter worth $36,000. Finally, Private Wealth Asset Management LLC boosted its position in Weyerhaeuser by 135.2% during the second quarter. Private Wealth Asset Management LLC now owns 1,404 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 807 shares in the last quarter. Institutional investors own 82.99% of the company’s stock.

Weyerhaeuser Price Performance

NYSE WY opened at $21.59 on Wednesday. The company has a market cap of $15.56 billion, a price-to-earnings ratio of 56.80, a PEG ratio of 244.04 and a beta of 1.04. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.04 and a quick ratio of 0.68. The stock’s fifty day moving average price is $23.83 and its 200 day moving average price is $25.24. Weyerhaeuser Company has a 1 year low of $21.24 and a 1 year high of $32.70.

Weyerhaeuser (NYSE:WY) last posted its quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.06 earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.13. The business had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.71 billion. Weyerhaeuser had a return on equity of 2.95% and a net margin of 3.97%.The company’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.05 EPS. As a group, equities research analysts forecast that Weyerhaeuser Company will post 0.78 earnings per share for the current year.

Weyerhaeuser Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 28th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 3.9%. The ex-dividend date is Friday, November 28th. Weyerhaeuser’s dividend payout ratio is 186.67%.

Wall Street Analysts Forecast Growth

Several research firms have commented on WY. Citigroup decreased their price target on shares of Weyerhaeuser from $28.00 to $26.00 and set a “buy” rating for the company in a research report on Wednesday, November 12th. Zacks Research upgraded shares of Weyerhaeuser from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 12th. CIBC lowered their target price on shares of Weyerhaeuser from $32.00 to $31.00 and set an “outperformer” rating for the company in a research note on Thursday, September 11th. Royal Bank Of Canada cut their price target on shares of Weyerhaeuser from $31.00 to $30.00 and set an “outperform” rating on the stock in a report on Monday, November 3rd. Finally, Bank of America reiterated a “neutral” rating and set a $26.00 price objective (down previously from $29.00) on shares of Weyerhaeuser in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $29.78.

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.