Weyerhaeuser (NYSE:WY) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its stake in Weyerhaeuser (NYSE:WY - Free Report) by 2.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,011,223 shares of the real estate investment trust's stock after acquiring an additional 198,789 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.10% of Weyerhaeuser worth $278,550,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WY. Summit Trail Advisors LLC acquired a new stake in Weyerhaeuser in the 4th quarter valued at $1,121,000. Metis Global Partners LLC grew its stake in Weyerhaeuser by 2.4% in the fourth quarter. Metis Global Partners LLC now owns 58,787 shares of the real estate investment trust's stock valued at $2,044,000 after purchasing an additional 1,371 shares in the last quarter. First National Trust Co bought a new position in Weyerhaeuser in the fourth quarter valued at approximately $213,000. Axxcess Wealth Management LLC bought a new stake in shares of Weyerhaeuser during the 4th quarter worth approximately $290,000. Finally, Summit Global Investments boosted its holdings in shares of Weyerhaeuser by 6.0% in the 4th quarter. Summit Global Investments now owns 42,185 shares of the real estate investment trust's stock valued at $1,467,000 after buying an additional 2,397 shares during the last quarter. 82.99% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. CIBC set a $37.00 price target on shares of Weyerhaeuser and gave the company a "neutral" rating in a report on Wednesday, March 13th. StockNews.com cut Weyerhaeuser from a "buy" rating to a "hold" rating in a research report on Monday, January 29th. Truist Financial reissued a "hold" rating and issued a $36.00 target price on shares of Weyerhaeuser in a research report on Wednesday, April 3rd. Royal Bank of Canada lowered their price target on shares of Weyerhaeuser from $38.00 to $37.00 and set an "outperform" rating on the stock in a research report on Monday, April 29th. Finally, BMO Capital Markets boosted their price objective on shares of Weyerhaeuser from $36.00 to $38.00 and gave the company a "market perform" rating in a report on Friday, March 22nd. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $37.67.

Weyerhaeuser Stock Up 1.3 %

WY stock traded up $0.41 during trading on Thursday, reaching $31.14. The stock had a trading volume of 2,612,189 shares, compared to its average volume of 3,429,703. The company has a quick ratio of 1.57, a current ratio of 2.24 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $22.70 billion, a price-to-earnings ratio of 27.94 and a beta of 1.47. Weyerhaeuser has a one year low of $28.12 and a one year high of $36.27. The company's 50 day moving average is $33.61 and its two-hundred day moving average is $32.80.

Weyerhaeuser (NYSE:WY - Get Free Report) last announced its earnings results on Thursday, April 25th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.01. Weyerhaeuser had a return on equity of 7.00% and a net margin of 10.57%. The firm had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.86 billion. During the same period last year, the firm posted $0.21 EPS. The business's revenue was down 4.5% compared to the same quarter last year. Equities research analysts forecast that Weyerhaeuser will post 1 EPS for the current year.

Insider Activity at Weyerhaeuser

In other Weyerhaeuser news, SVP Keith O'rear sold 8,349 shares of the business's stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $36.03, for a total transaction of $300,814.47. Following the sale, the senior vice president now owns 170,665 shares of the company's stock, valued at approximately $6,149,059.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Weyerhaeuser news, Director Nicole Weyerhaeuser Piasecki sold 33,426 shares of the company's stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $33.64, for a total value of $1,124,450.64. Following the transaction, the director now directly owns 5,807 shares in the company, valued at approximately $195,347.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Keith O'rear sold 8,349 shares of Weyerhaeuser stock in a transaction dated Thursday, March 28th. The shares were sold at an average price of $36.03, for a total value of $300,814.47. Following the sale, the senior vice president now owns 170,665 shares of the company's stock, valued at approximately $6,149,059.95. The disclosure for this sale can be found here. 0.30% of the stock is currently owned by company insiders.

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.