United Asset Strategies Inc. decreased its holdings in Weyerhaeuser Co (NYSE:WY) by 16.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,285 shares of the real estate investment trust’s stock after selling 1,668 shares during the quarter. United Asset Strategies Inc.’s holdings in Weyerhaeuser were worth $218,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Penserra Capital Management LLC purchased a new position in Weyerhaeuser during the first quarter valued at $29,000. Zions Bancorporation N.A. purchased a new position in Weyerhaeuser during the first quarter valued at $29,000. NuWave Investment Management LLC purchased a new position in Weyerhaeuser during the second quarter valued at $30,000. Investors Research Corp purchased a new position in Weyerhaeuser during the first quarter valued at $31,000. Finally, NEXT Financial Group Inc lifted its position in Weyerhaeuser by 197.3% during the second quarter. NEXT Financial Group Inc now owns 1,189 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 789 shares during the period. 76.50% of the stock is owned by institutional investors.

Weyerhaeuser stock traded down $0.20 on Wednesday, hitting $24.89. 35,391 shares of the stock traded hands, compared to its average volume of 4,767,989. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.04 and a current ratio of 1.39. The stock has a market capitalization of $18.48 billion, a price-to-earnings ratio of 21.06, a P/E/G ratio of 8.06 and a beta of 1.71. The firm has a fifty day moving average of $25.62. Weyerhaeuser Co has a 1 year low of $20.52 and a 1 year high of $35.79.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings data on Friday, July 26th. The real estate investment trust reported $0.16 EPS for the quarter, beating the consensus estimate of $0.10 by $0.06. The business had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.73 billion. Weyerhaeuser had a return on equity of 5.47% and a net margin of 0.01%. The company’s revenue for the quarter was down 20.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.44 earnings per share. On average, equities analysts forecast that Weyerhaeuser Co will post 0.61 EPS for the current year.

In related news, insider Devin W. Stockfish purchased 5,195 shares of the stock in a transaction dated Thursday, June 6th. The stock was purchased at an average price of $23.03 per share, with a total value of $119,640.85. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.43% of the stock is owned by insiders.

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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