LVM Capital Management Ltd. MI decreased its position in shares of Weyerhaeuser Company (NYSE:WY) by 1.5% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 26,919 shares of the real estate investment trust’s stock after selling 400 shares during the period. LVM Capital Management Ltd. MI’s holdings in Weyerhaeuser were worth $902,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. First Personal Financial Services boosted its position in shares of Weyerhaeuser by 90.7% in the first quarter. First Personal Financial Services now owns 3,195 shares of the real estate investment trust’s stock worth $109,000 after buying an additional 1,520 shares in the last quarter. Alexandria Capital LLC boosted its position in shares of Weyerhaeuser by 0.3% in the first quarter. Alexandria Capital LLC now owns 3,474 shares of the real estate investment trust’s stock worth $118,000 after buying an additional 12 shares in the last quarter. Gemmer Asset Management LLC boosted its position in shares of Weyerhaeuser by 112.2% in the first quarter. Gemmer Asset Management LLC now owns 4,126 shares of the real estate investment trust’s stock worth $140,000 after buying an additional 2,182 shares in the last quarter. Chicago Partners Investment Group LLC boosted its position in shares of Weyerhaeuser by 137.1% in the first quarter. Chicago Partners Investment Group LLC now owns 4,151 shares of the real estate investment trust’s stock worth $141,000 after buying an additional 2,400 shares in the last quarter. Finally, Carroll Financial Associates Inc. boosted its position in shares of Weyerhaeuser by 74.2% in the first quarter. Carroll Financial Associates Inc. now owns 4,160 shares of the real estate investment trust’s stock worth $141,000 after buying an additional 1,772 shares in the last quarter. 76.21% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Weyerhaeuser Company (NYSE WY) traded down 0.25% during mid-day trading on Thursday, reaching $32.35. The company had a trading volume of 503,305 shares. The stock has a market capitalization of $24.36 billion, a P/E ratio of 25.43 and a beta of 1.40. The firm has a 50 day moving average of $33.21 and a 200-day moving average of $33.34. Weyerhaeuser Company has a one year low of $28.58 and a one year high of $35.50.

Weyerhaeuser (NYSE:WY) last released its quarterly earnings results on Friday, July 28th. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.27 by $0.01. Weyerhaeuser had a return on equity of 7.17% and a net margin of 14.09%. The business had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the previous year, the company posted $0.17 earnings per share. Weyerhaeuser’s revenue for the quarter was up 9.2% on a year-over-year basis. Analysts forecast that Weyerhaeuser Company will post $1.05 EPS for the current fiscal year.

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A number of research analysts have recently commented on the company. Zacks Investment Research cut Weyerhaeuser from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. ValuEngine raised Weyerhaeuser from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Goldman Sachs Group, Inc. (The) cut Weyerhaeuser from a “conviction-buy” rating to a “buy” rating and set a $38.00 price target on the stock. in a research report on Monday, July 31st. BidaskClub cut Weyerhaeuser from a “buy” rating to a “hold” rating in a research report on Saturday, June 10th. Finally, Bank of America Corporation cut Weyerhaeuser from a “buy” rating to a “neutral” rating and dropped their price target for the company from $36.00 to $35.00 in a research report on Wednesday, July 5th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. Weyerhaeuser presently has a consensus rating of “Buy” and an average target price of $37.13.

Weyerhaeuser Company Profile

Weyerhaeuser Company is a timber, land and forest products company. As of December 31, 2016, the Company owned or controlled 13.1 million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. The Company’s segments include Timberlands; Real Estate, Energy and Natural Resources (Real Estate & ENR), and Wood Products.

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Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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