AI Financial Services LLC purchased a new stake in Weyerhaeuser Co (NYSE:WY) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 12,177 shares of the real estate investment trust’s stock, valued at approximately $429,000. Weyerhaeuser makes up approximately 0.8% of AI Financial Services LLC’s investment portfolio, making the stock its 19th largest holding.
A number of other hedge funds also recently bought and sold shares of the business. Baird Financial Group Inc. raised its position in shares of Weyerhaeuser by 1.6% during the 4th quarter. Baird Financial Group Inc. now owns 1,297,280 shares of the real estate investment trust’s stock worth $45,742,000 after acquiring an additional 20,378 shares in the last quarter. Smith Moore & CO. acquired a new stake in shares of Weyerhaeuser during the 4th quarter worth about $207,000. Stanley Laman Group Ltd. raised its position in shares of Weyerhaeuser by 12.7% during the 4th quarter. Stanley Laman Group Ltd. now owns 23,397 shares of the real estate investment trust’s stock worth $825,000 after acquiring an additional 2,636 shares in the last quarter. FDx Advisors Inc. raised its position in shares of Weyerhaeuser by 51.2% during the 4th quarter. FDx Advisors Inc. now owns 16,893 shares of the real estate investment trust’s stock worth $596,000 after acquiring an additional 5,720 shares in the last quarter. Finally, ARP Americas LP acquired a new stake in shares of Weyerhaeuser during the 4th quarter worth about $226,000. 74.53% of the stock is currently owned by institutional investors.
In related news, insider Rhonda D. Hunter sold 23,343 shares of the firm’s stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of $36.12, for a total transaction of $843,149.16. Following the transaction, the insider now owns 98,973 shares in the company, valued at approximately $3,574,904.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.20% of the company’s stock.
Weyerhaeuser Co (WY) opened at $35.18 on Tuesday. The stock has a market capitalization of $26,550.00, a P/E ratio of 41.88, a P/E/G ratio of 5.25 and a beta of 1.42. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.14 and a current ratio of 1.47. Weyerhaeuser Co has a 12 month low of $30.95 and a 12 month high of $37.89.
Weyerhaeuser (NYSE:WY) last released its quarterly earnings results on Friday, February 2nd. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). The firm had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.89 billion. Weyerhaeuser had a return on equity of 9.62% and a net margin of 8.09%. The company’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.14 EPS. analysts expect that Weyerhaeuser Co will post 1.34 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, March 23rd. Investors of record on Friday, March 2nd will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Thursday, March 1st. This represents a $1.28 dividend on an annualized basis and a yield of 3.64%. Weyerhaeuser’s dividend payout ratio is presently 152.38%.
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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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