Weyerhaeuser (NYSE:WY) Stock Position Raised by Schwarz Dygos Wheeler Investment Advisors LLC

Schwarz Dygos Wheeler Investment Advisors LLC lifted its stake in shares of Weyerhaeuser (NYSE:WY) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 79,393 shares of the real estate investment trust’s stock after purchasing an additional 886 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in Weyerhaeuser were worth $2,235,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of WY. Barings LLC lifted its position in shares of Weyerhaeuser by 36.1% in the 4th quarter. Barings LLC now owns 126,160 shares of the real estate investment trust’s stock valued at $3,551,000 after acquiring an additional 33,474 shares in the last quarter. Lifeworks Advisors LLC purchased a new stake in shares of Weyerhaeuser in the fourth quarter valued at $228,000. Larson Financial Group LLC lifted its holdings in shares of Weyerhaeuser by 23.9% in the fourth quarter. Larson Financial Group LLC now owns 60,385 shares of the real estate investment trust’s stock valued at $1,700,000 after purchasing an additional 11,639 shares in the last quarter. Candriam S.C.A. boosted its position in shares of Weyerhaeuser by 5.1% in the fourth quarter. Candriam S.C.A. now owns 77,546 shares of the real estate investment trust’s stock worth $2,183,000 after buying an additional 3,746 shares during the period. Finally, Inceptionr LLC purchased a new position in shares of Weyerhaeuser during the fourth quarter valued at $1,228,000. 82.99% of the stock is owned by hedge funds and other institutional investors.

Weyerhaeuser Trading Up 1.5 %

Weyerhaeuser stock opened at $30.69 on Monday. Weyerhaeuser has a one year low of $26.73 and a one year high of $36.27. The company’s fifty day moving average price is $29.69 and its two-hundred day moving average price is $30.81. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.79 and a quick ratio of 1.17. The company has a market capitalization of $22.27 billion, a price-to-earnings ratio of 55.80, a PEG ratio of 4.74 and a beta of 1.43.

Weyerhaeuser (NYSE:WY) last issued its quarterly earnings data on Thursday, January 30th. The real estate investment trust reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.04. Weyerhaeuser had a return on equity of 3.86% and a net margin of 5.56%. On average, analysts forecast that Weyerhaeuser will post 0.78 earnings per share for the current fiscal year.

Weyerhaeuser Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 7th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.74%. This is a boost from Weyerhaeuser’s previous quarterly dividend of $0.20. The ex-dividend date is Friday, March 7th. Weyerhaeuser’s payout ratio is presently 152.73%.

Wall Street Analyst Weigh In

WY has been the subject of a number of research reports. StockNews.com upgraded Weyerhaeuser from a “sell” rating to a “hold” rating in a research report on Thursday, February 6th. CIBC raised shares of Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 price objective on the stock in a research report on Wednesday, January 15th. BMO Capital Markets upgraded shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $38.00 target price for the company in a research report on Friday, December 6th. Raymond James upgraded shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 price target on the stock in a report on Monday, December 23rd. Finally, Truist Financial cut their price objective on Weyerhaeuser from $34.00 to $33.00 and set a “hold” rating for the company in a report on Monday, January 6th. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $35.00.

Weyerhaeuser 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.