Beacon Investment Advisory Services Inc. Purchases 2,399 Shares of Weyerhaeuser (NYSE:WY)

Beacon Investment Advisory Services Inc. lifted its position in Weyerhaeuser (NYSE:WYGet Rating) by 1.8% during the 4th quarter, HoldingsChannel reports. The firm owned 132,273 shares of the real estate investment trust’s stock after buying an additional 2,399 shares during the period. Beacon Investment Advisory Services Inc.’s holdings in Weyerhaeuser were worth $5,447,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in WY. FMR LLC boosted its position in Weyerhaeuser by 336.8% during the first quarter. FMR LLC now owns 2,072,642 shares of the real estate investment trust’s stock valued at $54,594,000 after buying an additional 1,598,165 shares during the period. Morgan Stanley boosted its position in Weyerhaeuser by 26.7% during the second quarter. Morgan Stanley now owns 4,905,192 shares of the real estate investment trust’s stock valued at $168,836,000 after buying an additional 1,033,646 shares during the period. Keudell Morrison Wealth Management boosted its position in Weyerhaeuser by 1.4% during the third quarter. Keudell Morrison Wealth Management now owns 37,452 shares of the real estate investment trust’s stock valued at $1,332,000 after buying an additional 535 shares during the period. State of New Jersey Common Pension Fund D boosted its position in Weyerhaeuser by 0.3% during the third quarter. State of New Jersey Common Pension Fund D now owns 432,053 shares of the real estate investment trust’s stock valued at $15,368,000 after buying an additional 1,219 shares during the period. Finally, WINTON GROUP Ltd boosted its position in Weyerhaeuser by 31.6% during the third quarter. WINTON GROUP Ltd now owns 10,939 shares of the real estate investment trust’s stock valued at $389,000 after buying an additional 2,625 shares during the period. Institutional investors own 81.17% of the company’s stock.

Separately, StockNews.com started coverage on shares of Weyerhaeuser in a report on Thursday, March 31st. They set a “buy” rating for the company. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $41.00.

WY stock traded up $1.63 during trading on Tuesday, reaching $41.45. The company had a trading volume of 263,745 shares, compared to its average volume of 4,339,811. Weyerhaeuser has a 52 week low of $32.65 and a 52 week high of $43.04. The company has a market cap of $30.97 billion, a P/E ratio of 11.48 and a beta of 1.66. The business has a 50 day moving average of $39.25 and a 200 day moving average of $38.86. The company has a debt-to-equity ratio of 0.47, a current ratio of 3.29 and a quick ratio of 2.74.

Weyerhaeuser (NYSE:WYGet Rating) last released its quarterly earnings results on Thursday, January 27th. The real estate investment trust reported $0.49 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.01. Weyerhaeuser had a net margin of 25.56% and a return on equity of 24.73%. The company had revenue of $2.21 billion during the quarter, compared to the consensus estimate of $2.17 billion. During the same period in the prior year, the firm earned $0.48 earnings per share. Weyerhaeuser’s revenue was up 6.9% on a year-over-year basis. Research analysts expect that Weyerhaeuser will post 2.63 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, March 18th. Investors of record on Friday, March 4th were paid a $0.18 dividend. This is an increase from Weyerhaeuser’s previous quarterly dividend of $0.17. This represents a $0.72 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date was Thursday, March 3rd. Weyerhaeuser’s dividend payout ratio is presently 20.75%.

Weyerhaeuser Profile (Get Rating)

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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