Tokio Marine Asset Management Co. Ltd. lowered its position in shares of Weyerhaeuser Company (NYSE:WY) by 27.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,772 shares of the real estate investment trust’s stock after selling 2,888 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Weyerhaeuser were worth $260,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its stake in Weyerhaeuser by 2.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 302,962 shares of the real estate investment trust’s stock worth $9,118,000 after buying an additional 7,182 shares during the period. Bank of Montreal Can boosted its stake in Weyerhaeuser by 6.3% in the first quarter. Bank of Montreal Can now owns 800,130 shares of the real estate investment trust’s stock worth $27,188,000 after buying an additional 47,633 shares during the period. Atria Investments LLC purchased a new stake in Weyerhaeuser during the first quarter worth about $234,000. OLD Second National Bank of Aurora boosted its stake in Weyerhaeuser by 17,880.5% in the first quarter. OLD Second National Bank of Aurora now owns 80,373 shares of the real estate investment trust’s stock worth $2,731,000 after buying an additional 79,926 shares during the period. Finally, Washington Trust Bank boosted its stake in Weyerhaeuser by 37.8% in the first quarter. Washington Trust Bank now owns 17,984 shares of the real estate investment trust’s stock worth $611,000 after buying an additional 4,933 shares during the period. Institutional investors own 76.20% of the company’s stock.

Weyerhaeuser Company (NYSE WY) opened at 31.94 on Wednesday. The firm has a market cap of $24.05 billion, a price-to-earnings ratio of 25.11 and a beta of 1.40. Weyerhaeuser Company has a 12 month low of $28.58 and a 12 month high of $35.50. The stock’s 50 day moving average is $33.02 and its 200-day moving average is $33.37.

Weyerhaeuser (NYSE:WY) last announced its earnings results on Friday, July 28th. The real estate investment trust reported $0.28 EPS for the quarter, topping the consensus estimate of $0.27 by $0.01. The business had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.81 billion. Weyerhaeuser had a net margin of 14.09% and a return on equity of 7.17%. Weyerhaeuser’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.17 EPS. On average, analysts anticipate that Weyerhaeuser Company will post $1.04 earnings per share for the current fiscal year.

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A number of research analysts have recently commented on WY shares. Royal Bank Of Canada reaffirmed a “buy” rating and set a $37.00 price objective on shares of Weyerhaeuser in a research report on Tuesday, April 18th. Citigroup Inc. reaffirmed a “buy” rating and set a $39.00 price objective (up previously from $38.00) on shares of Weyerhaeuser in a research report on Saturday, April 22nd. BMO Capital Markets reaffirmed a “buy” rating and set a $36.00 price objective on shares of Weyerhaeuser in a research report on Wednesday, May 17th. ValuEngine raised shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, BidaskClub lowered shares of Weyerhaeuser from a “buy” rating to a “hold” rating in a research report on Saturday, June 10th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $37.00.

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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