Values First Advisors Inc. Sells 2,034 Shares of Weyerhaeuser (NYSE:WY)

Values First Advisors Inc. decreased its position in Weyerhaeuser (NYSE:WY) by 11.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,327 shares of the real estate investment trust’s stock after selling 2,034 shares during the quarter. Values First Advisors Inc.’s holdings in Weyerhaeuser were worth $568,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Fairfield Bush & CO. bought a new position in shares of Weyerhaeuser during the first quarter valued at $52,000. Cibc World Market Inc. bought a new position in shares of Weyerhaeuser during the first quarter valued at $1,440,000. Dimensional Fund Advisors LP increased its holdings in shares of Weyerhaeuser by 1.5% during the first quarter. Dimensional Fund Advisors LP now owns 414,977 shares of the real estate investment trust’s stock valued at $15,730,000 after acquiring an additional 5,984 shares in the last quarter. Candriam Luxembourg S.C.A. increased its holdings in shares of Weyerhaeuser by 2.9% during the first quarter. Candriam Luxembourg S.C.A. now owns 41,422 shares of the real estate investment trust’s stock valued at $1,570,000 after acquiring an additional 1,159 shares in the last quarter. Finally, Loomis Sayles & Co. L P increased its holdings in shares of Weyerhaeuser by 10.3% during the first quarter. Loomis Sayles & Co. L P now owns 6,381 shares of the real estate investment trust’s stock valued at $242,000 after acquiring an additional 596 shares in the last quarter. Institutional investors own 82.99% of the company’s stock.

Weyerhaeuser Stock Performance

Shares of Weyerhaeuser stock traded down $0.03 during trading hours on Thursday, reaching $35.90. 3,438,306 shares of the stock traded hands, compared to its average volume of 3,566,995. The company has a 50 day moving average price of $33.82 and a 200 day moving average price of $32.39. The firm has a market capitalization of $26.19 billion, a price-to-earnings ratio of 31.22 and a beta of 1.43. Weyerhaeuser has a one year low of $28.12 and a one year high of $36.27. The company has a quick ratio of 2.22, a current ratio of 2.94 and a debt-to-equity ratio of 0.50.

Weyerhaeuser (NYSE:WY) last released its quarterly earnings results on Friday, January 26th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. The business had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.82 billion. Weyerhaeuser had a return on equity of 7.36% and a net margin of 10.93%. The business’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.24 EPS. On average, equities research analysts expect that Weyerhaeuser will post 1.03 earnings per share for the current fiscal year.

Weyerhaeuser Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Friday, March 8th were given a dividend of $0.20 per share. This is a boost from Weyerhaeuser’s previous quarterly dividend of $0.19. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date was Thursday, March 7th. Weyerhaeuser’s payout ratio is presently 69.57%.

Insider Activity

In other news, SVP Keith O’rear sold 8,349 shares of Weyerhaeuser stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $36.03, for a total transaction of $300,814.47. Following the transaction, the senior vice president now directly owns 170,665 shares of the company’s stock, valued at approximately $6,149,059.95. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, SVP Keith O’rear sold 8,349 shares of Weyerhaeuser stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $36.03, for a total transaction of $300,814.47. Following the transaction, the senior vice president now directly owns 170,665 shares of the company’s stock, valued at approximately $6,149,059.95. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Nicole Weyerhaeuser Piasecki sold 33,426 shares of Weyerhaeuser stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $33.64, for a total value of $1,124,450.64. Following the transaction, the director now directly owns 5,807 shares in the company, valued at $195,347.48. The disclosure for this sale can be found here. Insiders have sold a total of 43,622 shares of company stock valued at $1,487,517 in the last ninety days. Corporate insiders own 0.27% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on WY. Royal Bank of Canada reiterated an “outperform” rating and issued a $39.00 price objective on shares of Weyerhaeuser in a report on Monday, January 29th. BMO Capital Markets lifted their price objective on Weyerhaeuser from $36.00 to $38.00 and gave the stock a “market perform” rating in a report on Friday, March 22nd. StockNews.com downgraded Weyerhaeuser from a “buy” rating to a “hold” rating in a report on Monday, January 29th. Finally, CIBC set a $37.00 price objective on Weyerhaeuser and gave the stock a “neutral” rating in a report on Wednesday, March 13th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Weyerhaeuser has an average rating of “Hold” and a consensus price target of $37.71.

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.