Universal Beteiligungs und Servicegesellschaft mbH Acquires Shares of 492,631 Weyerhaeuser (NYSE:WY)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Weyerhaeuser (NYSE:WY - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 492,631 shares of the real estate investment trust's stock, valued at approximately $13,868,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.07% of Weyerhaeuser as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. South Plains Financial Inc. bought a new stake in shares of Weyerhaeuser during the 4th quarter valued at $25,000. Fourth Dimension Wealth LLC bought a new stake in shares of Weyerhaeuser during the 4th quarter valued at $27,000. Assetmark Inc. raised its stake in shares of Weyerhaeuser by 290.9% during the 4th quarter. Assetmark Inc. now owns 1,239 shares of the real estate investment trust's stock valued at $35,000 after purchasing an additional 922 shares during the period. Asset Planning Inc bought a new stake in shares of Weyerhaeuser during the 4th quarter valued at $36,000. Finally, TD Waterhouse Canada Inc. raised its stake in shares of Weyerhaeuser by 136.1% during the 4th quarter. TD Waterhouse Canada Inc. now owns 1,400 shares of the real estate investment trust's stock valued at $39,000 after purchasing an additional 807 shares during the period. 82.99% of the stock is currently owned by institutional investors.

Weyerhaeuser Price Performance

WY traded up $0.12 during midday trading on Tuesday, hitting $25.79. The stock had a trading volume of 606,711 shares, compared to its average volume of 3,776,447. The company has a market cap of $18.70 billion, a P/E ratio of 46.89, a price-to-earnings-growth ratio of 4.74 and a beta of 1.15. The business has a fifty day moving average of $26.19 and a 200 day moving average of $28.58. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.17 and a current ratio of 1.79. Weyerhaeuser has a 1 year low of $24.10 and a 1 year high of $34.03.

Weyerhaeuser (NYSE:WY - Get Free Report) last issued its earnings results on Thursday, April 24th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.11. The business had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.80 billion. Weyerhaeuser had a return on equity of 3.86% and a net margin of 5.56%. Weyerhaeuser's revenue for the quarter was down 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.16 earnings per share. As a group, equities analysts forecast that Weyerhaeuser will post 0.78 earnings per share for the current fiscal year.

Weyerhaeuser announced that its Board of Directors has authorized a stock buyback plan on Thursday, May 8th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the real estate investment trust to reacquire up to 5.3% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

Weyerhaeuser Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be given a $0.21 dividend. The ex-dividend date is Friday, May 30th. This represents a $0.84 annualized dividend and a yield of 3.26%. Weyerhaeuser's payout ratio is currently 168.00%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. CIBC decreased their target price on Weyerhaeuser from $35.00 to $32.00 and set an "outperformer" rating on the stock in a research note on Tuesday, April 22nd. Royal Bank of Canada restated an "outperform" rating and issued a $36.00 target price on shares of Weyerhaeuser in a research note on Monday, February 3rd. JPMorgan Chase & Co. assumed coverage on Weyerhaeuser in a research note on Tuesday, April 8th. They issued an "overweight" rating and a $31.00 target price on the stock. Wall Street Zen upgraded Weyerhaeuser from a "sell" rating to a "hold" rating in a research note on Thursday, February 6th. Finally, Citigroup decreased their target price on Weyerhaeuser from $35.00 to $31.00 and set a "buy" rating on the stock in a research note on Tuesday. One research analyst has rated the stock with a sell rating, three have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $33.25.

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.