Radnor Capital Management LLC boosted its position in Weyerhaeuser Co (NYSE:WY) by 0.6% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 101,755 shares of the real estate investment trust’s stock after buying an additional 620 shares during the period. Weyerhaeuser makes up approximately 0.9% of Radnor Capital Management LLC’s portfolio, making the stock its 24th largest holding. Radnor Capital Management LLC’s holdings in Weyerhaeuser were worth $2,680,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its holdings in shares of Weyerhaeuser by 14.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 426,032 shares of the real estate investment trust’s stock valued at $9,313,000 after buying an additional 54,126 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Weyerhaeuser by 6.7% during the fourth quarter. Geode Capital Management LLC now owns 11,271,941 shares of the real estate investment trust’s stock valued at $246,032,000 after buying an additional 711,947 shares during the last quarter. Suntrust Banks Inc. grew its holdings in shares of Weyerhaeuser by 7.5% during the fourth quarter. Suntrust Banks Inc. now owns 52,942 shares of the real estate investment trust’s stock valued at $1,158,000 after buying an additional 3,697 shares during the last quarter. Hancock Whitney Corp grew its holdings in shares of Weyerhaeuser by 17.4% during the fourth quarter. Hancock Whitney Corp now owns 11,706 shares of the real estate investment trust’s stock valued at $256,000 after buying an additional 1,736 shares during the last quarter. Finally, Nordea Investment Management AB grew its holdings in shares of Weyerhaeuser by 60.6% during the fourth quarter. Nordea Investment Management AB now owns 1,594,240 shares of the real estate investment trust’s stock valued at $34,850,000 after buying an additional 601,334 shares during the last quarter. Hedge funds and other institutional investors own 76.45% of the company’s stock.

In related news, insider Devin W. Stockfish bought 5,195 shares of the company’s stock in a transaction that occurred on Thursday, June 6th. The shares were bought at an average price of $23.03 per share, for a total transaction of $119,640.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.43% of the company’s stock.

WY stock traded up $1.14 on Friday, hitting $26.21. The company had a trading volume of 4,950,567 shares, compared to its average volume of 3,056,630. Weyerhaeuser Co has a 12-month low of $20.52 and a 12-month high of $35.79. The company has a current ratio of 1.48, a quick ratio of 1.10 and a debt-to-equity ratio of 0.70. The company has a 50-day moving average of $25.67. The company has a market capitalization of $18.67 billion, a PE ratio of 22.21, a price-to-earnings-growth ratio of 8.14 and a beta of 1.72.

Weyerhaeuser (NYSE:WY) last issued its earnings results on Friday, July 26th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.06. Weyerhaeuser had a net margin of 2.62% and a return on equity of 7.69%. The company had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.73 billion. During the same quarter last year, the company posted $0.44 earnings per share. The firm’s quarterly revenue was down 20.4% on a year-over-year basis. Analysts anticipate that Weyerhaeuser Co will post 0.62 earnings per share for the current year.

A number of equities research analysts have recently commented on WY shares. Stephens upgraded shares of Weyerhaeuser from an “equal weight” rating to an “overweight” rating and set a $32.00 price target on the stock in a report on Friday, April 5th. ValuEngine upgraded shares of Zynerba Pharmaceuticals from a “sell” rating to a “hold” rating in a report on Monday, April 1st. Finally, Seaport Global Securities started coverage on shares of Weyerhaeuser in a report on Tuesday, April 2nd. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $33.10.

Weyerhaeuser Profile

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control 12.2 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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