98,343 Shares in Weyerhaeuser Company $WY Bought by Fiduciary Alliance LLC

Key Points

• Fiduciary Alliance LLC opened a new position of 98,343 shares (≈$2.33M) in Weyerhaeuser (NYSE:WY) during Q4, and institutional investors now own about 82.99% of the company.
• Recent insider buying: Director Richard Beckwitt purchased 20,000 shares at $25.70 and Director James Calvin O'rourke bought 4,000 shares at $25.35, although insiders collectively own only 0.27%.
• Weyerhaeuser beat Q4 EPS estimates (loss of $0.09 vs. -$0.13) despite revenue declining 9.8% YoY; it pays a quarterly dividend of $0.21 (annualized yield ~3.4%), and analysts' consensus is a Hold with an average price target of $28.88.

Fiduciary Alliance LLC acquired a new position in Weyerhaeuser Company (NYSE:WY - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 98,343 shares of the real estate investment trust's stock, valued at approximately $2,330,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in WY. Tradewinds Capital Management LLC raised its position in shares of Weyerhaeuser by 401.3% in the third quarter. Tradewinds Capital Management LLC now owns 1,198 shares of the real estate investment trust's stock worth $30,000 after buying an additional 959 shares in the last quarter. Cromwell Holdings LLC raised its position in shares of Weyerhaeuser by 58.3% in the third quarter. Cromwell Holdings LLC now owns 1,361 shares of the real estate investment trust's stock worth $34,000 after buying an additional 501 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of Weyerhaeuser in the fourth quarter worth $39,000. Operose Advisors LLC purchased a new stake in Weyerhaeuser during the second quarter valued at about $41,000. Finally, Optiver Holding B.V. purchased a new stake in Weyerhaeuser during the third quarter valued at about $42,000. Hedge funds and other institutional investors own 82.99% of the company's stock.

Insider Transactions at Weyerhaeuser

In related news, Director James Calvin O'rourke acquired 4,000 shares of Weyerhaeuser stock in a transaction dated Friday, February 20th. The shares were purchased at an average cost of $25.35 per share, with a total value of $101,400.00. Following the completion of the purchase, the director owned 28,661 shares of the company's stock, valued at $726,556.35. This represents a 16.22% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Richard Beckwitt acquired 20,000 shares of Weyerhaeuser stock in a transaction dated Thursday, February 19th. The shares were bought at an average cost of $25.70 per share, for a total transaction of $514,000.00. Following the completion of the purchase, the director directly owned 24,066 shares of the company's stock, valued at approximately $618,496.20. The trade was a 491.88% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.27% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. New Street Research set a $28.00 price target on Weyerhaeuser in a research report on Friday, December 12th. Canadian Imperial Bank of Commerce restated an "outperform" rating on shares of Weyerhaeuser in a research report on Friday, December 12th. Weiss Ratings upgraded Weyerhaeuser from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Tuesday, February 10th. Truist Financial raised their price target on Weyerhaeuser from $28.00 to $29.00 and gave the company a "hold" rating in a research report on Monday, February 2nd. Finally, UBS Group restated a "buy" rating on shares of Weyerhaeuser in a research report on Monday, December 15th. Six analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $28.88.

Weyerhaeuser Trading Down 0.7%

NYSE WY opened at $24.65 on Friday. The stock's 50-day simple moving average is $24.84 and its two-hundred day simple moving average is $24.18. Weyerhaeuser Company has a twelve month low of $21.16 and a twelve month high of $27.86. The company has a quick ratio of 0.83, a current ratio of 1.29 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $17.77 billion, a price-to-earnings ratio of 56.01, a PEG ratio of 2.67 and a beta of 0.98.

Weyerhaeuser (NYSE:WY - Get Free Report) last announced its quarterly earnings data on Thursday, January 29th. The real estate investment trust reported ($0.09) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.13) by $0.04. Weyerhaeuser had a return on equity of 1.50% and a net margin of 4.69%.The firm had revenue of $1.54 billion for the quarter, compared to analysts' expectations of $1.58 billion. During the same period last year, the firm earned $0.11 earnings per share. The company's revenue for the quarter was down 9.8% compared to the same quarter last year. Research analysts forecast that Weyerhaeuser Company will post 0.78 EPS for the current fiscal year.

Weyerhaeuser Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 10th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend was Tuesday, March 10th. Weyerhaeuser's dividend payout ratio (DPR) is 190.91%.

About Weyerhaeuser

Weyerhaeuser Company NYSE: WY is a leading integrated forest products company whose core businesses are timberland ownership and forest products manufacturing. The company owns and manages large tracts of timberland and harvests, processes and sells wood and wood-derived products used primarily in residential and industrial construction. Its manufacturing operations produce a range of building materials, including lumber, engineered wood products and wood panels, alongside fiber-based products that serve multiple commercial applications.

Founded in 1900 by Frederick Weyerhaeuser and headquartered in Seattle, Washington, the company has a long history in the North American forest products industry.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.