Loudon Investment Management LLC Holds Position in Weyerhaeuser Company (WY)

Loudon Investment Management LLC continued to hold its stake in shares of Weyerhaeuser Company (NYSE:WY) during the fourth quarter, Holdings Channel reports. The firm owned 6,763 shares of the real estate investment trust’s stock at the end of the fourth quarter. Loudon Investment Management LLC’s holdings in Weyerhaeuser Company were worth $203,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Kistler Tiffany Companies LLC raised its stake in shares of Weyerhaeuser Company by 0.5% in the third quarter. Kistler Tiffany Companies LLC now owns 4,613 shares of the real estate investment trust’s stock worth $147,000 after buying an additional 21 shares during the period. Cambridge Advisors Inc. raised its stake in shares of Weyerhaeuser Company by 0.4% in the third quarter. Cambridge Advisors Inc. now owns 8,772 shares of the real estate investment trust’s stock worth $280,000 after buying an additional 31 shares during the period. New England Private Wealth Advisors LLC raised its stake in shares of Weyerhaeuser Company by 0.4% in the third quarter. New England Private Wealth Advisors LLC now owns 10,538 shares of the real estate investment trust’s stock worth $336,000 after buying an additional 43 shares during the period. 1ST Source Bank raised its stake in shares of Weyerhaeuser Company by 0.3% in the third quarter. 1ST Source Bank now owns 31,711 shares of the real estate investment trust’s stock worth $1,013,000 after buying an additional 83 shares during the period. Finally, Dorsey & Whitney Trust CO LLC raised its stake in shares of Weyerhaeuser Company by 0.4% in the third quarter. Dorsey & Whitney Trust CO LLC now owns 21,094 shares of the real estate investment trust’s stock worth $673,000 after buying an additional 93 shares during the period. 77.72% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Weyerhaeuser Company (NYSE:WY)

Weyerhaeuser Company (NYSE:WY) opened at 33.52 on Friday. Weyerhaeuser Company has a 52-week low of $22.66 and a 52-week high of $34.00. The company has a market capitalization of $25.09 billion, a P/E ratio of 23.96 and a beta of 1.36. The stock’s 50 day moving average price is $31.44 and its 200-day moving average price is $31.22.

Weyerhaeuser Company (NYSE:WY) last announced its quarterly earnings results on Friday, February 3rd. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by $0.02. Weyerhaeuser Company had a net margin of 15.11% and a return on equity of 5.98%. The company earned $1.60 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same period in the previous year, the firm posted $0.24 earnings per share. The company’s revenue was up 26.1% compared to the same quarter last year. Analysts predict that Weyerhaeuser Company will post $0.99 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 17th. Shareholders of record on Friday, March 3rd will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date of this dividend is Wednesday, March 1st. Weyerhaeuser Company’s payout ratio is presently 91.85%.

“Loudon Investment Management LLC Holds Position in Weyerhaeuser Company (WY)” was first posted by sleekmoney and is owned by of sleekmoney. If you are accessing this article on another publication, it was copied illegally and reposted in violation of international trademark & copyright laws. The original version of this article can be viewed at http://sleekmoney.com/loudon-investment-management-llc-holds-position-in-weyerhaeuser-company-wy/1666184.html.

A number of brokerages have issued reports on WY. BMO Capital Markets reaffirmed a “buy” rating and set a $36.00 price objective on shares of Weyerhaeuser Company in a report on Thursday, November 10th. Zacks Investment Research lowered shares of Weyerhaeuser Company from a “hold” rating to a “sell” rating in a report on Thursday, February 9th. CLSA lowered shares of Weyerhaeuser Company from an “outperform” rating to an “underperform” rating in a report on Wednesday, December 21st. RBC Capital Markets reaffirmed a “buy” rating and set a $37.00 price objective on shares of Weyerhaeuser Company in a report on Friday, January 6th. Finally, Raymond James Financial, Inc. raised shares of Weyerhaeuser Company from an “outperform” rating to a “strong-buy” rating and set a $36.00 price objective for the company in a report on Monday, January 9th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. Weyerhaeuser Company has a consensus rating of “Hold” and a consensus price target of $35.56.

In other Weyerhaeuser Company news, insider Denise M. Merle sold 1,723 shares of the business’s stock in a transaction that occurred on Tuesday, February 14th. The stock was sold at an average price of $33.33, for a total value of $57,427.59. Following the completion of the transaction, the insider now directly owns 38,087 shares of the company’s stock, valued at $1,269,439.71. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Denise M. Merle sold 6,503 shares of the business’s stock in a transaction that occurred on Thursday, December 8th. The shares were sold at an average price of $33.00, for a total value of $214,599.00. The disclosure for this sale can be found here. Insiders sold 48,699 shares of company stock valued at $1,636,830 over the last three months. 1.30% of the stock is currently owned by corporate insiders.

Weyerhaeuser Company Company Profile

Weyerhaeuser Company is a real estate investment trust (REIT). The Company is an owner of timberlands. It is principally engaged in growing and harvesting timber, as well as manufacturing, distributing and selling products made from trees. Its segments include Timberlands, Wood Products and Cellulose Fibers.

5 Day Chart for NYSE:WY

Want to see what other hedge funds are holding WY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Weyerhaeuser Company (NYSE:WY).

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/loudon-investment-management-llc-holds-position-in-weyerhaeuser-company-wy/1666184.html

Receive News & Ratings for Weyerhaeuser Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weyerhaeuser Company and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *