Universal Beteiligungs und Servicegesellschaft mbH reduced its position in shares of Rayonier Inc. (NYSE:RYN – Free Report) by 33.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 617,985 shares of the real estate investment trust’s stock after selling 313,886 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.40% of Rayonier worth $16,401,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in RYN. NorthCrest Asset Manangement LLC bought a new position in shares of Rayonier during the 3rd quarter worth approximately $247,000. Wealth Enhancement Advisory Services LLC increased its position in shares of Rayonier by 15.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 46,492 shares of the real estate investment trust’s stock valued at $1,225,000 after acquiring an additional 6,128 shares during the last quarter. Xcel Wealth Management LLC bought a new stake in Rayonier during the third quarter worth $232,000. Amalgamated Bank lifted its holdings in Rayonier by 1.0% during the third quarter. Amalgamated Bank now owns 65,401 shares of the real estate investment trust’s stock worth $1,736,000 after acquiring an additional 654 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its position in Rayonier by 13.8% in the third quarter. Sequoia Financial Advisors LLC now owns 100,718 shares of the real estate investment trust’s stock worth $2,673,000 after purchasing an additional 12,199 shares during the last quarter. 89.12% of the stock is owned by institutional investors.
Analysts Set New Price Targets
RYN has been the subject of several research analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $25.00 target price on shares of Rayonier in a research report on Thursday, December 18th. Truist Financial decreased their price objective on shares of Rayonier from $28.00 to $26.00 and set a “hold” rating for the company in a report on Tuesday, January 6th. Citigroup dropped their target price on shares of Rayonier from $27.00 to $24.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 12th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Rayonier in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $26.50.
Rayonier Trading Up 0.5%
Shares of Rayonier stock opened at $24.01 on Friday. Rayonier Inc. has a 52-week low of $21.06 and a 52-week high of $28.31. The stock’s 50-day simple moving average is $22.26 and its 200 day simple moving average is $23.97. The stock has a market capitalization of $3.70 billion, a P/E ratio of 4.76 and a beta of 0.96. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.39 and a current ratio of 3.44.
Rayonier (NYSE:RYN – Get Free Report) last issued its earnings results on Wednesday, November 5th. The real estate investment trust reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.09. The firm had revenue of $177.53 million during the quarter, compared to analyst estimates of $162.82 million. Rayonier had a net margin of 70.95% and a return on equity of 4.74%. The company’s quarterly revenue was up 43.0% on a year-over-year basis. During the same quarter last year, the business earned $0.12 earnings per share. Rayonier has set its Q4 2025 guidance at 0.080-0.110 EPS and its FY 2025 guidance at 0.410- EPS. As a group, research analysts anticipate that Rayonier Inc. will post 0.55 EPS for the current year.
Rayonier Profile
Rayonier, Inc (NYSE: RYN) is a publicly traded real estate investment trust specializing in timberland ownership and management. The company’s core business revolves around sustainably growing, harvesting, and marketing timber and timber-related products. Rayonier’s timberland portfolio encompasses approximately 2.7 million acres across the United States and New Zealand, focusing on softwood and hardwood fiber for use in paper, packaging and building materials.
Rayonier operates through two primary segments: Timber and Real Estate Solutions.
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