UBS Asset Management Americas Inc. Has $124.89 Million Stake in Weyerhaeuser (NYSE:WY)


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UBS Asset Management Americas Inc. lifted its holdings in shares of Weyerhaeuser (NYSE:WY) by 5.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,724,858 shares of the real estate investment trust’s stock after acquiring an additional 190,497 shares during the quarter. UBS Asset Management Americas Inc.’s holdings in Weyerhaeuser were worth $124,894,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Diamond Hill Capital Management Inc. boosted its holdings in shares of Weyerhaeuser by 38.4% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 6,569,212 shares of the real estate investment trust’s stock worth $220,266,000 after buying an additional 1,821,796 shares during the period. Victory Capital Management Inc. boosted its holdings in shares of Weyerhaeuser by 56.6% during the fourth quarter. Victory Capital Management Inc. now owns 515,440 shares of the real estate investment trust’s stock worth $17,283,000 after acquiring an additional 186,386 shares during the period. BBVA USA Bancshares Inc. grew its position in shares of Weyerhaeuser by 257.9% in the fourth quarter. BBVA USA Bancshares Inc. now owns 53,496 shares of the real estate investment trust’s stock valued at $1,793,000 after purchasing an additional 38,547 shares during the last quarter. Litman Gregory Asset Management LLC acquired a new position in shares of Weyerhaeuser in the fourth quarter valued at approximately $36,000. Finally, Sowell Financial Services LLC increased its stake in shares of Weyerhaeuser by 3.7% during the fourth quarter. Sowell Financial Services LLC now owns 131,642 shares of the real estate investment trust’s stock worth $4,414,000 after purchasing an additional 4,686 shares during the period. 77.46% of the stock is currently owned by institutional investors and hedge funds.

In related news, CFO Russell S. Hagen sold 24,000 shares of the stock in a transaction on Tuesday, February 2nd. The stock was sold at an average price of $32.10, for a total value of $770,400.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.27% of the company’s stock.

A number of equities analysts recently commented on the stock. TheStreet raised shares of Weyerhaeuser from a “c+” rating to a “b-” rating in a research report on Friday, December 18th. DA Davidson raised their target price on shares of Weyerhaeuser from $29.00 to $34.00 in a report on Monday, February 1st. Finally, Raymond James boosted their price target on Weyerhaeuser from $34.00 to $37.00 and gave the company an “outperform” rating in a research note on Tuesday, February 2nd. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $31.38.

Weyerhaeuser stock opened at $36.83 on Thursday. The company has a quick ratio of 1.72, a current ratio of 2.28 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $27.54 billion, a PE ratio of 89.83 and a beta of 1.96. The firm’s fifty day moving average is $34.97 and its 200 day moving average is $31.93. Weyerhaeuser has a 12-month low of $16.05 and a 12-month high of $37.28.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings data on Thursday, January 28th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.01). The company had revenue of $2.11 billion for the quarter, compared to analyst estimates of $1.96 billion. Weyerhaeuser had a net margin of 4.67% and a return on equity of 3.59%. Weyerhaeuser’s revenue for the quarter was up 36.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.03 EPS. Sell-side analysts expect that Weyerhaeuser will post 0.95 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 19th. Shareholders of record on Friday, March 5th were paid a $0.17 dividend. The ex-dividend date was Thursday, March 4th. This represents a $0.68 dividend on an annualized basis and a yield of 1.85%. Weyerhaeuser’s dividend payout ratio (DPR) is presently 174.36%.

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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Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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