Robeco Institutional Asset Management B.V. Lowers Position in Weyerhaeuser (NYSE:WY)

Robeco Institutional Asset Management B.V. lessened its holdings in Weyerhaeuser (NYSE:WY - Free Report) by 37.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 955,531 shares of the real estate investment trust's stock after selling 569,704 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.13% of Weyerhaeuser worth $33,224,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in WY. Kingsview Wealth Management LLC increased its position in shares of Weyerhaeuser by 6.4% in the fourth quarter. Kingsview Wealth Management LLC now owns 7,379 shares of the real estate investment trust's stock valued at $257,000 after buying an additional 445 shares in the last quarter. Quadrant Capital Group LLC raised its stake in Weyerhaeuser by 14.0% in the 4th quarter. Quadrant Capital Group LLC now owns 3,426 shares of the real estate investment trust's stock valued at $119,000 after purchasing an additional 420 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in shares of Weyerhaeuser by 19.5% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 43,224 shares of the real estate investment trust's stock valued at $1,503,000 after buying an additional 7,049 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Weyerhaeuser by 8.1% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 717,745 shares of the real estate investment trust's stock worth $24,446,000 after purchasing an additional 53,954 shares during the period. Finally, M&G Investment Management Ltd. boosted its holdings in shares of Weyerhaeuser by 4.1% during the fourth quarter. M&G Investment Management Ltd. now owns 1,761,552 shares of the real estate investment trust's stock worth $61,654,000 after purchasing an additional 69,151 shares during the last quarter. Hedge funds and other institutional investors own 82.99% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on WY shares. CIBC set a $37.00 price target on Weyerhaeuser and gave the stock a "neutral" rating in a research note on Wednesday, March 13th. Truist Financial reaffirmed a "hold" rating and set a $36.00 price target on shares of Weyerhaeuser in a research report on Wednesday, April 3rd. BMO Capital Markets increased their price objective on shares of Weyerhaeuser from $36.00 to $38.00 and gave the stock a "market perform" rating in a research report on Friday, March 22nd. StockNews.com downgraded shares of Weyerhaeuser from a "buy" rating to a "hold" rating in a research note on Monday, January 29th. Finally, Royal Bank of Canada decreased their price target on shares of Weyerhaeuser from $38.00 to $37.00 and set an "outperform" rating for the company in a research report on Monday, April 29th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $37.67.

Weyerhaeuser Stock Performance

Shares of WY traded up $0.06 during midday trading on Friday, hitting $31.17. 4,469,439 shares of the stock traded hands, compared to its average volume of 3,418,423. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.57 and a current ratio of 2.24. Weyerhaeuser has a 1-year low of $28.12 and a 1-year high of $36.27. The business's 50 day moving average price is $33.05 and its two-hundred day moving average price is $32.87. The firm has a market capitalization of $22.72 billion, a PE ratio of 28.34 and a beta of 1.47.

Weyerhaeuser (NYSE:WY - Get Free Report) last issued its quarterly earnings data on Thursday, April 25th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.80 billion during the quarter, compared to the consensus estimate of $1.86 billion. During the same period in the previous year, the firm posted $0.21 earnings per share. The business's revenue was down 4.5% on a year-over-year basis. Equities research analysts predict that Weyerhaeuser will post 1 EPS for the current fiscal year.

Weyerhaeuser Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 31st will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.57%. The ex-dividend date of this dividend is Friday, May 31st. Weyerhaeuser's dividend payout ratio is currently 72.73%.

Insider Activity

In other news, SVP Keith O'rear sold 8,349 shares of Weyerhaeuser stock in a transaction on 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 directly owns 170,665 shares in the company, valued at approximately $6,149,059.95. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, SVP Keith O'rear sold 8,349 shares of the business's stock in a transaction that occurred on 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 directly owns 170,665 shares in the company, valued at approximately $6,149,059.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Nicole Weyerhaeuser Piasecki sold 33,426 shares of the stock in a transaction that occurred on 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 sale, the director now directly owns 5,807 shares of the company's stock, valued at $195,347.48. The disclosure for this sale can be found here. Insiders own 0.27% of the company's stock.

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.

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