Unison Advisors LLC Purchases Shares of 66,700 Weyerhaeuser (NYSE:WY)

Unison Advisors LLC purchased a new stake in shares of Weyerhaeuser (NYSE:WY - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 66,700 shares of the real estate investment trust's stock, valued at approximately $2,319,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ascent Group LLC boosted its holdings in Weyerhaeuser by 3.8% during the third quarter. Ascent Group LLC now owns 9,608 shares of the real estate investment trust's stock valued at $297,000 after purchasing an additional 348 shares in the last quarter. MMA Asset Management LLC boosted its holdings in Weyerhaeuser by 4.9% during the second quarter. MMA Asset Management LLC now owns 7,521 shares of the real estate investment trust's stock valued at $252,000 after purchasing an additional 349 shares in the last quarter. Home Federal Bank of Tennessee boosted its holdings in Weyerhaeuser by 1.0% during the third quarter. Home Federal Bank of Tennessee now owns 36,732 shares of the real estate investment trust's stock valued at $1,126,000 after purchasing an additional 355 shares in the last quarter. Foundations Investment Advisors LLC boosted its holdings in Weyerhaeuser by 3.6% during the third quarter. Foundations Investment Advisors LLC now owns 10,472 shares of the real estate investment trust's stock valued at $321,000 after purchasing an additional 365 shares in the last quarter. Finally, Xponance Inc. boosted its holdings in shares of Weyerhaeuser by 0.4% in the 3rd quarter. Xponance Inc. now owns 91,101 shares of the real estate investment trust's stock worth $2,793,000 after acquiring an additional 380 shares in the last quarter. 82.99% of the stock is currently owned by institutional investors.

Insider Activity at Weyerhaeuser

In related news, Director Nicole Weyerhaeuser Piasecki sold 33,426 shares of the company's stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $33.64, for a total value of $1,124,450.64. Following the completion of the transaction, the director now directly owns 5,807 shares of the company's stock, valued at approximately $195,347.48. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, Director Nicole Weyerhaeuser Piasecki sold 33,426 shares of the stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $33.64, for a total transaction of $1,124,450.64. Following the completion of the transaction, the director now directly owns 5,807 shares in the company, valued at approximately $195,347.48. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Keith O'rear sold 8,349 shares of the stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $36.03, for a total transaction of $300,814.47. Following the transaction, the senior vice president now owns 170,665 shares of the company's stock, valued at $6,149,059.95. The disclosure for this sale can be found here. Insiders sold a total of 43,622 shares of company stock worth $1,487,517 in the last quarter. Corporate insiders own 0.27% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on WY. CIBC set a $37.00 target price on Weyerhaeuser and gave the stock a "neutral" rating in a report on Wednesday, March 13th. Royal Bank of Canada reissued an "outperform" rating and issued a $39.00 target price on shares of Weyerhaeuser in a report on Monday, January 29th. StockNews.com downgraded Weyerhaeuser from a "buy" rating to a "hold" rating in a report on Monday, January 29th. Finally, BMO Capital Markets boosted their target price on Weyerhaeuser from $36.00 to $38.00 and gave the stock a "market perform" rating in a report on Friday, March 22nd. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $37.71.

Weyerhaeuser Trading Down 0.1 %

Shares of Weyerhaeuser stock traded down $0.02 on Friday, hitting $35.91. 3,438,309 shares of the company's stock traded hands, compared to its average volume of 3,523,285. The firm's 50-day moving average price is $33.94 and its two-hundred day moving average price is $32.44. The stock has a market capitalization of $26.20 billion, a PE ratio of 31.23 and a beta of 1.43. Weyerhaeuser has a one year low of $28.12 and a one year high of $36.27. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.94 and a quick ratio of 2.22.

Weyerhaeuser (NYSE:WY - Get Free Report) last issued its earnings results on Friday, January 26th. The real estate investment trust reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. The company had revenue of $1.77 billion during the quarter, compared to analysts' expectations of $1.82 billion. Weyerhaeuser had a net margin of 10.93% and a return on equity of 7.36%. The business's revenue for the quarter was down 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS. On average, research analysts expect that Weyerhaeuser will post 1.03 EPS for the current fiscal year.

Weyerhaeuser Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, March 8th were given a $0.20 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.23%. This is a boost from Weyerhaeuser's previous quarterly dividend of $0.19. Weyerhaeuser's dividend payout ratio is currently 69.57%.

About Weyerhaeuser

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.