Vestmark Advisory Solutions Inc. Invests $715,000 in Weyerhaeuser Company $WY

Vestmark Advisory Solutions Inc. acquired a new stake in Weyerhaeuser Company (NYSE:WY) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 27,834 shares of the real estate investment trust’s stock, valued at approximately $715,000.

Other large investors have also bought and sold shares of the company. GKV Capital Management Co. Inc. bought a new position in Weyerhaeuser in the first quarter valued at approximately $29,000. Hantz Financial Services Inc. lifted its position in Weyerhaeuser by 86.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,125 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 521 shares in the last quarter. Costello Asset Management INC bought a new stake in Weyerhaeuser in the 1st quarter valued at $32,000. Marshall Investment Management LLC acquired a new position in Weyerhaeuser in the 1st quarter worth $36,000. Finally, Private Wealth Asset Management LLC increased its holdings in Weyerhaeuser by 135.2% during the 2nd quarter. Private Wealth Asset Management LLC now owns 1,404 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 807 shares in the last quarter. 82.99% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on WY shares. Royal Bank Of Canada reduced their price objective on Weyerhaeuser from $31.00 to $30.00 and set an “outperform” rating for the company in a research report on Monday, November 3rd. Weiss Ratings downgraded Weyerhaeuser from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday. JPMorgan Chase & Co. decreased their price target on shares of Weyerhaeuser from $32.00 to $31.00 and set an “overweight” rating for the company in a research note on Wednesday, September 17th. DA Davidson cut their price objective on shares of Weyerhaeuser from $35.00 to $31.00 and set a “buy” rating on the stock in a research report on Monday, November 3rd. Finally, Citigroup reduced their target price on shares of Weyerhaeuser from $30.00 to $28.00 and set a “buy” rating for the company in a report on Monday, October 27th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Weyerhaeuser has an average rating of “Moderate Buy” and a consensus target price of $31.00.

Weyerhaeuser Stock Performance

WY opened at $22.75 on Wednesday. Weyerhaeuser Company has a 12-month low of $22.28 and a 12-month high of $32.70. The stock has a market cap of $16.40 billion, a price-to-earnings ratio of 59.87, a PEG ratio of 244.04 and a beta of 1.04. The business has a 50 day moving average of $24.18 and a 200-day moving average of $25.38. The company has a quick ratio of 0.68, a current ratio of 1.04 and a debt-to-equity ratio of 0.45.

Weyerhaeuser (NYSE:WY) last issued its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.13. Weyerhaeuser had a return on equity of 2.95% and a net margin of 3.97%.The firm had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same period in the prior year, the firm posted $0.05 EPS. The company’s revenue for the quarter was up 12.1% on a year-over-year basis. On average, equities research analysts expect that Weyerhaeuser Company will post 0.78 earnings per share for the current year.

About Weyerhaeuser

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.