Stock Worth Watching: Weyerhaeuser Co (NYSE:WY) Institutional Investors Sentiment Change

November 25, 2016 - By Louis Casey   ·   0 Comments

Stock Worth Watching: Weyerhaeuser Co (NYSE:WY) Institutional Investors Sentiment Change

Sentiment for Weyerhaeuser Co (NYSE:WY)

Weyerhaeuser Co (NYSE:WY) institutional sentiment increased to 1.12 in 2016 Q2. Its up 0.31, from 0.81 in 2016Q1. The ratio has increased, as 294 active investment managers increased and opened new stock positions, while 361 reduced and sold positions in Weyerhaeuser Co. The active investment managers in our partner’s database now have: 558.83 million shares, down from 1.16 billion shares in 2016Q1. Also, the number of active investment managers holding Weyerhaeuser Co in their top 10 stock positions decreased from 30 to 26 for a decrease of 4. Sold All: 48 Reduced: 313 Increased: 228 New Position: 66.

Weyerhaeuser Company is a real estate investment trust . The company has a market cap of $23.72 billion. The Firm is an owner of timberlands. It has a 57.38 P/E ratio. It is principally engaged in growing and harvesting timber, as well as manufacturing, distributing and selling products made from trees.

About 934,079 shares traded hands. Weyerhaeuser Co (NYSE:WY) has declined 1.39% since April 22, 2016 and is downtrending. It has underperformed by 6.80% the S&P500.

Analysts await Weyerhaeuser Co (NYSE:WY) to report earnings on February, 3. They expect $0.17 earnings per share, down 29.17% or $0.07 from last year’s $0.24 per share. WY’s profit will be $125.89M for 47.10 P/E if the $0.17 EPS becomes a reality. After $0.23 actual earnings per share reported by Weyerhaeuser Co for the previous quarter, Wall Street now forecasts -26.09% negative EPS growth.

According to Zacks Investment Research, “Weyerhaeuser Company is principally engaged in the growing and harvesting of timber and the manufacture, distribution and sale of forest products, real estate development and construction, and other real estate related activities. Its business segments are timberlands; wood products; pulp, paper and packaging; and real estate and related assets.”

Fiduciary Counselling Inc holds 33.26% of its portfolio in Weyerhaeuser Co for 239,855 shares. Third Avenue Management Llc owns 6.61 million shares or 8.75% of their US portfolio. Moreover, Mosaic Financial Partners Inc. has 6.16% invested in the company for 335,674 shares. The Washington-based Huntington Steele Llc has invested 6.1% in the stock. Capital Innovations Llc, a Wisconsin-based fund reported 69,059 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 9 selling transactions for $23.28 million net activity.

Weyerhaeuser Co (NYSE:WY) Ratings Coverage

Ratings analysis reveals 73% of Weyerhaeuser Company’s analysts are positive. Out of 11 Wall Street analysts rating Weyerhaeuser Company, 8 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $32 while the high is $37. The stock’s average target of $34.17 is 6.68% above today’s ($32.03) share price. WY was included in 18 notes of analysts from September 11, 2015. The stock has “Buy” rating given by DA Davidson on Wednesday, June 29. Goldman Sachs initiated the shares of WY in a report on Thursday, September 22 with “Buy” rating. Credit Agricole upgraded the shares of WY in a report on Friday, November 13 to “Outperform” rating. The stock has “Outperform” rating given by CLSA on Friday, November 13. The rating was maintained by RBC Capital Markets on Tuesday, November 17 with “Outperform”. The stock of Weyerhaeuser Co (NYSE:WY) has “Buy” rating given on Tuesday, September 15 by Bank of America. The rating was downgraded by Dundee Securities on Friday, December 18 to “Neutral”. Vertical Research downgraded the shares of WY in a report on Tuesday, May 3 to “Hold” rating. DA Davidson downgraded the shares of WY in a report on Monday, May 9 to “Neutral” rating. The stock of Weyerhaeuser Co (NYSE:WY) earned “Neutral” rating by UBS on Friday, October 9.

WY Company Profile

Weyerhaeuser Company, incorporated on January 18, 1900, is a real estate investment trust (REIT). The Firm is an owner of timberlands. The Firm is principally engaged in growing and harvesting timber, as well as manufacturing, distributing and selling products made from trees. The Company’s divisions include Timberlands, Wood Products and Cellulose Fibers. The Firm owns or controls approximately seven million acres of timberlands, primarily in the United States, and manages additional timberlands under long-term licenses in Canada. It is engaged in the manufacturing of wood and specialty cellulose fibers products.

Another recent and important Weyerhaeuser Co (NYSE:WY) news was published by Prnewswire.com which published an article titled: “Weyerhaeuser announces leadership changes” on November 01, 2016.

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By Louis Casey

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