First National Trust Co. Has $398,000 Stake in Weyerhaeuser Company (WY)

First National Trust Co. cut its stake in Weyerhaeuser Company (NYSE:WY) by 12.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,696 shares of the real estate investment trust’s stock after selling 1,678 shares during the quarter. First National Trust Co.’s holdings in Weyerhaeuser were worth $398,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Barnett & Company Inc. bought a new position in shares of Weyerhaeuser in the second quarter worth $101,000. Dupont Capital Management Corp bought a new stake in Weyerhaeuser during the second quarter valued at $109,000. Alexandria Capital LLC boosted its stake in Weyerhaeuser by 0.3% during the second quarter. Alexandria Capital LLC now owns 3,486 shares of the real estate investment trust’s stock valued at $117,000 after buying an additional 12 shares during the period. Gemmer Asset Management LLC boosted its stake in Weyerhaeuser by 0.5% during the second quarter. Gemmer Asset Management LLC now owns 4,146 shares of the real estate investment trust’s stock valued at $139,000 after buying an additional 20 shares during the period. Finally, First Command Bank raised its position in Weyerhaeuser by 73.1% during the second quarter. First Command Bank now owns 4,178 shares of the real estate investment trust’s stock valued at $140,000 after purchasing an additional 1,765 shares in the last quarter. 75.80% of the stock is owned by hedge funds and other institutional investors.

In other Weyerhaeuser news, Director Rick R. Holley sold 227,341 shares of the firm’s stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $35.05, for a total value of $7,968,302.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.20% of the stock is owned by company insiders.

Weyerhaeuser Company (NYSE:WY) traded up $0.24 during trading on Wednesday, reaching $36.20. 2,370,000 shares of the company were exchanged, compared to its average volume of 3,367,124. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.48 and a quick ratio of 1.15. Weyerhaeuser Company has a 12 month low of $29.81 and a 12 month high of $36.48. The stock has a market cap of $27,143.66, a price-to-earnings ratio of 36.69, a P/E/G ratio of 6.14 and a beta of 1.46.

Weyerhaeuser (NYSE:WY) last issued its earnings results on Friday, October 27th. The real estate investment trust reported $0.34 EPS for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.03. Weyerhaeuser had a net margin of 12.37% and a return on equity of 8.15%. The business had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.85 billion. During the same period last year, the company posted $0.30 earnings per share. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. equities analysts predict that Weyerhaeuser Company will post 1.17 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be paid a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 3.54%. This is an increase from Weyerhaeuser’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Thursday, November 30th. Weyerhaeuser’s dividend payout ratio (DPR) is 108.77%.

Several analysts have weighed in on the company. Zacks Investment Research cut Weyerhaeuser from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Stephens initiated coverage on Weyerhaeuser in a research report on Tuesday, October 24th. They issued an “equal weight” rating and a $35.00 price target on the stock. TheStreet cut Weyerhaeuser from a “b-” rating to a “c+” rating in a research report on Friday, August 18th. Royal Bank Of Canada reiterated a “buy” rating and set a $40.00 target price on shares of Weyerhaeuser in a research note on Monday, September 4th. Finally, Argus boosted their target price on shares of Weyerhaeuser from $37.00 to $39.00 and gave the company a “buy” rating in a research note on Thursday, November 2nd. One analyst has rated the stock with a sell rating, seven have issued a hold rating, four 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 “Hold” and an average price target of $37.20.

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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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