Values First Advisors Inc. Purchases 544 Shares of Weyerhaeuser (NYSE:WY)

Values First Advisors Inc. grew its position in shares of Weyerhaeuser (NYSE:WY) by 3.4% during the fourth quarter, Holdings Channel reports. The fund owned 16,387 shares of the real estate investment trust’s stock after purchasing an additional 544 shares during the period. Values First Advisors Inc.’s holdings in Weyerhaeuser were worth $461,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Oak Thistle LLC bought a new stake in shares of Weyerhaeuser during the fourth quarter valued at approximately $1,214,000. Sonora Investment Management Group LLC lifted its position in Weyerhaeuser by 56.5% during the fourth quarter. Sonora Investment Management Group LLC now owns 51,785 shares of the real estate investment trust’s stock valued at $1,458,000 after buying an additional 18,698 shares during the period. Czech National Bank lifted its position in Weyerhaeuser by 6.3% during the fourth quarter. Czech National Bank now owns 157,538 shares of the real estate investment trust’s stock valued at $4,435,000 after buying an additional 9,377 shares during the period. Inspire Trust Co. N.A. grew its position in shares of Weyerhaeuser by 148.2% in the 3rd quarter. Inspire Trust Co. N.A. now owns 125,620 shares of the real estate investment trust’s stock worth $4,253,000 after buying an additional 75,000 shares during the period. Finally, Franklin Resources Inc. increased its stake in shares of Weyerhaeuser by 10.2% in the 3rd quarter. Franklin Resources Inc. now owns 729,570 shares of the real estate investment trust’s stock worth $23,777,000 after acquiring an additional 67,314 shares in the last quarter. Institutional investors own 82.99% of the company’s stock.

Analysts Set New Price Targets

WY has been the topic of several research reports. StockNews.com raised shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Thursday, February 6th. CIBC raised Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 price target on the stock in a research report on Wednesday, January 15th. BMO Capital Markets raised Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $38.00 price objective for the company in a research report on Friday, December 6th. Citigroup dropped their target price on Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, January 15th. Finally, Truist Financial reduced their price target on Weyerhaeuser from $34.00 to $33.00 and set a “hold” rating for the company in a report on Monday, January 6th. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Weyerhaeuser presently has an average rating of “Moderate Buy” and a consensus price target of $35.00.

Weyerhaeuser Stock Down 1.3 %

WY stock opened at $29.60 on Thursday. The stock has a market capitalization of $21.51 billion, a P/E ratio of 53.82, a P/E/G ratio of 4.69 and a beta of 1.42. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.79 and a quick ratio of 1.17. Weyerhaeuser has a 1-year low of $26.73 and a 1-year high of $36.27. The business has a fifty day moving average price of $29.47 and a 200-day moving average price of $30.91.

Weyerhaeuser (NYSE:WY) last issued its earnings results on Thursday, January 30th. The real estate investment trust reported $0.11 earnings per share for the quarter, topping 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%. Equities analysts forecast that Weyerhaeuser will post 0.8 earnings per share for the current fiscal year.

About Weyerhaeuser

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.