Union Bancaire Privee UBP SA Has $2.64 Million Stock Holdings in Weyerhaeuser Company $WY

Union Bancaire Privee UBP SA boosted its holdings in shares of Weyerhaeuser Company (NYSE:WY) by 1.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 100,165 shares of the real estate investment trust’s stock after buying an additional 1,365 shares during the period. Union Bancaire Privee UBP SA’s holdings in Weyerhaeuser were worth $2,636,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in WY. GKV Capital Management Co. Inc. purchased a new stake in shares of Weyerhaeuser in the first quarter worth approximately $29,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in Weyerhaeuser in the 1st quarter valued at $31,000. Costello Asset Management INC purchased a new stake in Weyerhaeuser in the 1st quarter valued at $32,000. Marshall Investment Management LLC purchased a new stake in Weyerhaeuser in the 1st quarter valued at $36,000. Finally, Zions Bancorporation National Association UT purchased a new stake in Weyerhaeuser in the 1st quarter valued at $40,000. Institutional investors and hedge funds own 82.99% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on WY shares. Truist Financial lowered their target price on shares of Weyerhaeuser from $30.00 to $29.00 and set a “hold” rating for the company in a report on Monday, July 28th. CIBC decreased their price objective on shares of Weyerhaeuser from $32.00 to $31.00 and set an “outperformer” rating for the company in a research note on Thursday, September 11th. DA Davidson reaffirmed a “buy” rating and set a $35.00 price target on shares of Weyerhaeuser in a research report on Monday. Wall Street Zen downgraded Weyerhaeuser from a “hold” rating to a “sell” rating in a research report on Sunday, August 3rd. Finally, Citigroup decreased their target price on Weyerhaeuser from $35.00 to $31.00 and set a “buy” rating for the company in a research report on Tuesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $32.88.

Insider Buying and Selling at Weyerhaeuser

In other Weyerhaeuser news, Director Sara Grootwassink Lewis acquired 4,000 shares of Weyerhaeuser stock in a transaction that occurred on Monday, August 11th. The stock was acquired at an average cost of $25.29 per share, for a total transaction of $101,160.00. Following the purchase, the director owned 21,478 shares of the company’s stock, valued at approximately $543,178.62. This represents a 22.89% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.27% of the stock is owned by insiders.

Weyerhaeuser Stock Performance

NYSE:WY opened at $24.79 on Wednesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.04 and a quick ratio of 0.68. The business has a fifty day simple moving average of $25.46 and a two-hundred day simple moving average of $26.14. Weyerhaeuser Company has a 1 year low of $23.98 and a 1 year high of $33.96. The company has a market capitalization of $17.89 billion, a P/E ratio of 65.24, a P/E/G ratio of 107.40 and a beta of 1.07.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.02. Weyerhaeuser had a return on equity of 2.95% and a net margin of 3.97%.The company had revenue of $1.88 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same quarter last year, the firm posted $0.21 EPS. The firm’s revenue for the quarter was down 2.8% on a year-over-year basis. On average, analysts expect that Weyerhaeuser Company will post 0.78 earnings per share for the current year.

Weyerhaeuser Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were paid a $0.21 dividend. The ex-dividend date was Friday, August 29th. This represents a $0.84 annualized dividend and a dividend yield of 3.4%. Weyerhaeuser’s dividend payout ratio (DPR) is presently 221.05%.

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.