Guyasuta Investment Advisors Inc. grew its holdings in Weyerhaeuser Co (NYSE:WY) by 6.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 126,079 shares of the real estate investment trust’s stock after acquiring an additional 7,562 shares during the period. Guyasuta Investment Advisors Inc.’s holdings in Weyerhaeuser were worth $3,321,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of WY. Farr Miller & Washington LLC DC grew its holdings in Weyerhaeuser by 5.2% during the 2nd quarter. Farr Miller & Washington LLC DC now owns 56,113 shares of the real estate investment trust’s stock valued at $1,478,000 after purchasing an additional 2,797 shares in the last quarter. Cypress Capital Management LLC acquired a new stake in Weyerhaeuser during the 2nd quarter valued at $7,672,000. National Asset Management Inc. grew its holdings in Weyerhaeuser by 6.3% during the 2nd quarter. National Asset Management Inc. now owns 11,462 shares of the real estate investment trust’s stock valued at $302,000 after purchasing an additional 677 shares in the last quarter. Securian Asset Management Inc grew its holdings in Weyerhaeuser by 12.0% during the 2nd quarter. Securian Asset Management Inc now owns 196,634 shares of the real estate investment trust’s stock valued at $5,180,000 after purchasing an additional 21,000 shares in the last quarter. Finally, Brave Asset Management Inc. acquired a new stake in Weyerhaeuser during the 2nd quarter valued at $209,000. 77.47% of the stock is currently owned by institutional investors and hedge funds.

WY traded down $0.01 during trading hours on Thursday, reaching $25.50. 29,961 shares of the stock traded hands, compared to its average volume of 3,685,609. The firm’s fifty day simple moving average is $25.45 and its two-hundred day simple moving average is $25.50. The company has a market cap of $18.76 billion, a price-to-earnings ratio of 21.50, a PEG ratio of 8.80 and a beta of 1.71. Weyerhaeuser Co has a fifty-two week low of $20.52 and a fifty-two week high of $35.46. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.39 and a quick ratio of 1.04.

Weyerhaeuser (NYSE:WY) last released its quarterly earnings results on Friday, July 26th. The real estate investment trust reported $0.16 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.06. The business had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.73 billion. Weyerhaeuser had a net margin of 0.01% and a return on equity of 5.47%. The business’s revenue was down 20.4% on a year-over-year basis. During the same period last year, the business earned $0.44 EPS. On average, research analysts predict that Weyerhaeuser Co will post 0.57 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 20th. Shareholders of record on Friday, September 6th will be issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 5.33%. The ex-dividend date is Thursday, September 5th. Weyerhaeuser’s dividend payout ratio is currently 115.25%.

In related news, insider Devin W. Stockfish acquired 5,195 shares of the firm’s stock in a transaction on Thursday, June 6th. The stock was bought at an average cost of $23.03 per share, with a total value of $119,640.85. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 0.43% of the stock is 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 12.2 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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Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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