Gamble Jones Investment Counsel Sells 1,800 Shares of Weyerhaeuser Co (WY)

Gamble Jones Investment Counsel lowered its stake in shares of Weyerhaeuser Co (NYSE:WY) by 3.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 55,951 shares of the real estate investment trust’s stock after selling 1,800 shares during the period. Gamble Jones Investment Counsel’s holdings in Weyerhaeuser were worth $1,958,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. BB&T Corp lifted its stake in shares of Weyerhaeuser by 4.9% in the 4th quarter. BB&T Corp now owns 29,332 shares of the real estate investment trust’s stock valued at $1,035,000 after purchasing an additional 1,368 shares during the last quarter. Harbor Advisory Corp MA lifted its stake in shares of Weyerhaeuser by 1.0% in the 1st quarter. Harbor Advisory Corp MA now owns 149,620 shares of the real estate investment trust’s stock valued at $5,237,000 after purchasing an additional 1,447 shares during the last quarter. Smith Asset Management Group LP lifted its stake in shares of Weyerhaeuser by 87.9% in the 1st quarter. Smith Asset Management Group LP now owns 3,141 shares of the real estate investment trust’s stock valued at $110,000 after purchasing an additional 1,469 shares during the last quarter. Wealthstreet Investment Advisors LLC lifted its stake in shares of Weyerhaeuser by 4.1% in the 1st quarter. Wealthstreet Investment Advisors LLC now owns 37,838 shares of the real estate investment trust’s stock valued at $1,325,000 after purchasing an additional 1,500 shares during the last quarter. Finally, Barrett Asset Management LLC lifted its stake in shares of Weyerhaeuser by 102.2% in the 4th quarter. Barrett Asset Management LLC now owns 3,134 shares of the real estate investment trust’s stock valued at $111,000 after purchasing an additional 1,584 shares during the last quarter. 76.08% of the stock is currently owned by institutional investors.

Shares of Weyerhaeuser opened at $36.66 on Friday, according to MarketBeat Ratings. The company has a current ratio of 2.11, a quick ratio of 1.62 and a debt-to-equity ratio of 0.69. Weyerhaeuser Co has a 1-year low of $30.95 and a 1-year high of $37.89. The stock has a market cap of $27.87 billion, a price-to-earnings ratio of 31.88, a P/E/G ratio of 5.03 and a beta of 1.38.



Weyerhaeuser (NYSE:WY) last issued its quarterly earnings results on Friday, April 27th. The real estate investment trust reported $0.36 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.03. Weyerhaeuser had a return on equity of 10.88% and a net margin of 9.42%. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.83 billion. During the same quarter in the prior year, the business earned $0.22 EPS. Weyerhaeuser’s revenue was up 10.2% on a year-over-year basis. research analysts expect that Weyerhaeuser Co will post 1.46 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, June 22nd. Shareholders of record on Friday, June 8th will be issued a dividend of $0.32 per share. The ex-dividend date is Thursday, June 7th. This represents a $1.28 annualized dividend and a yield of 3.49%. Weyerhaeuser’s dividend payout ratio (DPR) is 111.30%.

WY has been the topic of several research analyst reports. Zacks Investment Research downgraded Weyerhaeuser from a “hold” rating to a “sell” rating in a report on Saturday, February 10th. Citigroup boosted their price objective on Weyerhaeuser from $41.00 to $42.00 and gave the company a “buy” rating in a report on Monday, April 30th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $38.00.

Weyerhaeuser Profile

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control 12.4 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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