Mraz Amerine & Associates Inc. Has $608,000 Stock Position in Weyerhaeuser Co (NYSE:WY)

Mraz Amerine & Associates Inc. trimmed its position in Weyerhaeuser Co (NYSE:WY) by 2.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,095 shares of the real estate investment trust’s stock after selling 644 shares during the quarter. Mraz Amerine & Associates Inc.’s holdings in Weyerhaeuser were worth $608,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. FMR LLC boosted its holdings 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 worth $54,594,000 after buying an additional 1,598,165 shares during the last quarter. American Century Companies Inc. boosted its holdings in Weyerhaeuser by 9.2% during the first quarter. American Century Companies Inc. now owns 18,464,294 shares of the real estate investment trust’s stock worth $486,350,000 after buying an additional 1,559,897 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in Weyerhaeuser by 64.4% during the first quarter. Janus Henderson Group PLC now owns 2,668,663 shares of the real estate investment trust’s stock worth $70,293,000 after buying an additional 1,045,476 shares during the last quarter. BlackRock Inc. boosted its holdings in Weyerhaeuser by 1.9% during the first quarter. BlackRock Inc. now owns 52,954,173 shares of the real estate investment trust’s stock worth $1,394,812,000 after buying an additional 1,006,414 shares during the last quarter. Finally, Pictet Asset Management Ltd. boosted its holdings in Weyerhaeuser by 26.5% during the first quarter. Pictet Asset Management Ltd. now owns 4,037,112 shares of the real estate investment trust’s stock worth $106,338,000 after buying an additional 845,398 shares during the last quarter. Hedge funds and other institutional investors own 76.50% of the company’s stock.

WY traded up $0.38 during midday trading on Friday, reaching $25.16. 2,966,800 shares of the company were exchanged, compared to its average volume of 3,638,903. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.04 and a current ratio of 1.39. Weyerhaeuser Co has a one year low of $20.52 and a one year high of $35.79. The stock has a market capitalization of $18.25 billion, a P/E ratio of 21.32, a PEG ratio of 7.98 and a beta of 1.71. The stock’s 50-day simple moving average is $25.56 and its 200 day simple moving average is $25.52.

Weyerhaeuser (NYSE:WY) last issued its earnings results on Friday, July 26th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.06. Weyerhaeuser had a return on equity of 5.47% and a net margin of 0.01%. The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.73 billion. During the same quarter last year, the business earned $0.44 earnings per share. The company’s revenue was down 20.4% compared to the same quarter last year. On average, research analysts anticipate that Weyerhaeuser Co will post 0.57 earnings per share for the current year.

In related news, insider Devin W. Stockfish bought 5,195 shares of Weyerhaeuser stock in a transaction on Thursday, June 6th. The shares were purchased at an average price of $23.03 per share, for a total transaction of $119,640.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.43% of the stock is currently owned by company insiders.

Weyerhaeuser Company Profile

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control 12.2 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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