Weyerhaeuser Company (WY) Position Held by Sabal Trust CO

Sabal Trust CO maintained its position in Weyerhaeuser Company (NYSE:WY) during the second quarter, according to its most recent disclosure with the SEC. The fund owned 13,120 shares of the real estate investment trust’s stock at the end of the second quarter. Sabal Trust CO’s holdings in Weyerhaeuser were worth $440,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in WY. First Personal Financial Services boosted its position in Weyerhaeuser by 90.7% in the first quarter. First Personal Financial Services now owns 3,195 shares of the real estate investment trust’s stock worth $109,000 after buying an additional 1,520 shares during the last quarter. Alexandria Capital LLC boosted its position in shares of Weyerhaeuser by 0.3% in the first quarter. Alexandria Capital LLC now owns 3,474 shares of the real estate investment trust’s stock worth $118,000 after buying an additional 12 shares during the last quarter. Gemmer Asset Management LLC boosted its position in shares of Weyerhaeuser by 0.5% in the second quarter. Gemmer Asset Management LLC now owns 4,146 shares of the real estate investment trust’s stock worth $139,000 after buying an additional 20 shares during the last quarter. First Command Bank boosted its position in shares of Weyerhaeuser by 73.1% in the second quarter. First Command Bank now owns 4,178 shares of the real estate investment trust’s stock worth $140,000 after buying an additional 1,765 shares during the last quarter. Finally, Carroll Financial Associates Inc. boosted its position in shares of Weyerhaeuser by 74.2% in the first quarter. Carroll Financial Associates Inc. now owns 4,160 shares of the real estate investment trust’s stock worth $141,000 after buying an additional 1,772 shares during the last quarter. Institutional investors own 76.20% of the company’s stock.

Shares of Weyerhaeuser Company (NYSE WY) opened at 31.17 on Friday. Weyerhaeuser Company has a 12-month low of $28.58 and a 12-month high of $35.50. The firm’s 50-day moving average price is $32.88 and its 200 day moving average price is $33.35. The company has a market cap of $23.47 billion, a price-to-earnings ratio of 24.50 and a beta of 1.40.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings results on Friday, July 28th. The real estate investment trust reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.01. The company had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.81 billion. Weyerhaeuser had a return on equity of 7.17% and a net margin of 14.09%. The firm’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period last year, the firm earned $0.17 EPS. On average, analysts predict that Weyerhaeuser Company will post $1.05 earnings per share for the current year.

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A number of brokerages have issued reports on WY. ValuEngine upgraded Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research cut Weyerhaeuser from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. Citigroup Inc. reissued a “buy” rating and issued a $39.00 target price (up previously from $38.00) on shares of Weyerhaeuser in a report on Saturday, April 22nd. Bank of America Corporation lowered Weyerhaeuser from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $36.00 to $35.00 in a report on Wednesday, July 5th. Finally, BMO Capital Markets reissued a “buy” rating and issued a $36.00 target price on shares of Weyerhaeuser in a report on Friday, June 23rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $37.00.

About Weyerhaeuser

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.

Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

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