Daiwa Securities Group Inc. Grows Stake in Weyerhaeuser (NYSE:WY)

Daiwa Securities Group Inc. boosted its position in shares of Weyerhaeuser (NYSE:WY) by 122.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,881,592 shares of the real estate investment trust’s stock after acquiring an additional 2,685,634 shares during the quarter. Daiwa Securities Group Inc. owned 0.67% of Weyerhaeuser worth $137,417,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Assetmark Inc. increased its position in shares of Weyerhaeuser by 290.9% during the 4th quarter. Assetmark Inc. now owns 1,239 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 922 shares during the last quarter. Asset Planning Inc bought a new position in Weyerhaeuser in the fourth quarter worth approximately $36,000. Meeder Asset Management Inc. boosted its stake in shares of Weyerhaeuser by 172.4% during the 3rd quarter. Meeder Asset Management Inc. now owns 1,136 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 719 shares during the last quarter. AdvisorNet Financial Inc boosted its stake in shares of Weyerhaeuser by 41.2% during the 4th quarter. AdvisorNet Financial Inc now owns 1,665 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 486 shares during the last quarter. Finally, Capital Performance Advisors LLP bought a new stake in shares of Weyerhaeuser during the 3rd quarter valued at $50,000. Institutional investors own 82.99% of the company’s stock.

Weyerhaeuser Stock Up 1.5 %

Shares of WY stock opened at $30.69 on Monday. The stock has a market cap of $22.27 billion, a P/E ratio of 55.80, a PEG ratio of 4.74 and a beta of 1.43. The company’s fifty day simple moving average is $29.69 and its two-hundred day simple moving average is $30.81. The company has a quick ratio of 1.17, a current ratio of 1.79 and a debt-to-equity ratio of 0.50. Weyerhaeuser has a 52 week low of $26.73 and a 52 week high of $36.27.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings results on Thursday, January 30th. The real estate investment trust reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.04. Weyerhaeuser had a return on equity of 3.86% and a net margin of 5.56%. Analysts predict that Weyerhaeuser will post 0.78 EPS for the current fiscal year.

Weyerhaeuser Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be issued a $0.21 dividend. The ex-dividend date is Friday, March 7th. This is a positive change from Weyerhaeuser’s previous quarterly dividend of $0.20. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.74%. Weyerhaeuser’s dividend payout ratio (DPR) is 152.73%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on WY. Royal Bank of Canada reiterated an “outperform” rating and set a $36.00 target price on shares of Weyerhaeuser in a research report on Monday, February 3rd. Raymond James upgraded shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 target price on the stock in a research note on Monday, December 23rd. Cibc World Mkts raised shares of Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 15th. CIBC raised shares of Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 target price for the company in a report on Wednesday, January 15th. Finally, Citigroup decreased their price target on Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, January 15th. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $35.00.

Weyerhaeuser Profile

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.