Jupiter Asset Management Ltd. Reduces Holdings in Weyerhaeuser (NYSE:WY)

Jupiter Asset Administration Ltd. trimmed its place in shares of Weyerhaeuser (NYSE:WY – Free Report) by 72.4% within the 2nd quarter, in line with its most up-to-date disclosure with the SEC. The institutional investor owned 434,307 shares of the actual property funding belief’s inventory after promoting 1,141,217 shares throughout the quarter. Jupiter Asset Administration Ltd. owned roughly 0.06% of Weyerhaeuser price $14,545,000 as of its most up-to-date submitting with the SEC.

A number of different massive buyers have additionally not too long ago made modifications to their positions within the firm. BlackRock Inc. boosted its stake in Weyerhaeuser by 2.5% throughout the first quarter. BlackRock Inc. now owns 60,389,476 shares of the actual property funding belief’s inventory price $1,819,535,000 after shopping for an extra 1,484,895 shares over the past quarter. JPMorgan Chase & Co. boosted its stake in Weyerhaeuser by 2.0% throughout the first quarter. JPMorgan Chase & Co. now owns 20,617,729 shares of the actual property funding belief’s inventory price $621,212,000 after shopping for an extra 401,373 shares over the past quarter. Geode Capital Administration LLC boosted its stake in Weyerhaeuser by 4.7% throughout the first quarter. Geode Capital Administration LLC now owns 17,447,456 shares of the actual property funding belief’s inventory price $526,333,000 after shopping for an extra 784,256 shares over the past quarter. Norges Financial institution acquired a brand new place in Weyerhaeuser throughout the fourth quarter price $485,095,000. Lastly, Wellington Administration Group LLP boosted its stake in Weyerhaeuser by 643.9% throughout the first quarter. Wellington Administration Group LLP now owns 12,551,816 shares of the actual property funding belief’s inventory price $378,186,000 after shopping for an extra 10,864,485 shares over the past quarter. 79.54% of the inventory is at present owned by hedge funds and different institutional buyers.

Analysts Set New Value Targets

WY has been the subject of a number of current analyst experiences. TheStreet lowered Weyerhaeuser from a “b-” ranking to a “c+” ranking in a analysis notice on Friday, October twenty seventh. Truist Monetary upped their value goal on Weyerhaeuser from $35.00 to $36.00 and gave the corporate a “maintain” ranking in a analysis notice on Monday, July thirty first. Royal Financial institution of Canada reaffirmed an “outperform” ranking and issued a $40.00 value goal on shares of Weyerhaeuser in a analysis notice on Monday, July thirty first. Lastly, StockNews.com initiated protection on Weyerhaeuser in a analysis notice on Thursday, October fifth. They issued a “maintain” ranking on the inventory. Three analysis analysts have rated the inventory with a maintain ranking, 4 have given a purchase ranking and one has given a powerful purchase ranking to the inventory. In response to information from MarketBeat.com, the corporate at present has a consensus ranking of “Reasonable Purchase” and a consensus goal value of $38.29.

View Our Newest Report on WY

Weyerhaeuser Value Efficiency

WY inventory opened at $31.92 on Friday. The corporate has a present ratio of 1.79, a fast ratio of 1.48 and a debt-to-equity ratio of 0.47. The corporate has a market capitalization of $23.30 billion, a PE ratio of 36.69 and a beta of 1.49. Weyerhaeuser has a 12-month low of $27.65 and a 12-month excessive of $36.00. The enterprise’s fifty day shifting common value is $30.45 and its 200 day shifting common value is $31.28.

Weyerhaeuser Dividend Announcement

The enterprise additionally not too long ago declared a quarterly dividend, which might be paid on Friday, December fifteenth. Shareholders of document on Friday, December 1st might be issued a dividend of $0.19 per share. The ex-dividend date is Thursday, November thirtieth. This represents a $0.76 annualized dividend and a yield of two.38%. Weyerhaeuser’s dividend payout ratio (DPR) is 87.36%.

Insiders Place Their Bets

In different Weyerhaeuser information, CFO David M. Wold offered 923 shares of the corporate’s inventory in a transaction dated Friday, November third. The inventory was offered at a median value of $30.63, for a complete transaction of $28,271.49. Following the sale, the chief monetary officer now owns 60,436 shares within the firm, valued at roughly $1,851,154.68. The sale was disclosed in a doc filed with the SEC, which is obtainable by means of the SEC web site. In different information, SVP Denise M. Merle offered 7,500 shares of the inventory in a transaction dated Wednesday, September thirteenth. The inventory was offered at a median value of $32.29, for a complete worth of $242,175.00. Following the transaction, the senior vp now owns 147,601 shares within the firm, valued at roughly $4,766,036.29. The transaction was disclosed in a doc filed with the SEC, which is obtainable at this hyperlink. Additionally, CFO David M. Wold offered 923 shares of the inventory in a transaction dated Friday, November third. The shares have been offered at a median value of $30.63, for a complete worth of $28,271.49. Following the completion of the transaction, the chief monetary officer now owns 60,436 shares within the firm, valued at roughly $1,851,154.68. The disclosure for this sale might be discovered right here. 0.27% of the inventory is owned by firm insiders.

About Weyerhaeuser

(Free Report)

Weyerhaeuser Firm, one of many world’s largest personal homeowners of timberlands, started operations in 1900. We personal or management roughly 11 million acres of timberlands within the U.S. and handle further timberlands below long-term licenses in Canada. We handle these timberlands on a sustainable foundation in compliance with internationally acknowledged forestry requirements.

Additional Studying

Institutional Ownership by Quarter for Weyerhaeuser (NYSE:WY)

This prompt information alert was generated by narrative science know-how and monetary information from MarketBeat with a view to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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