Moser Wealth Advisors LLC Sells 1,950 Shares of Weyerhaeuser (NYSE:WY)

Moser Wealth Advisors LLC cut its stake in shares of Weyerhaeuser (NYSE:WY) by 9.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,830 shares of the real estate investment trust’s stock after selling 1,950 shares during the period. Moser Wealth Advisors LLC’s holdings in Weyerhaeuser were worth $558,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Oakworth Capital Inc. bought a new stake in shares of Weyerhaeuser during the 3rd quarter worth $25,000. Thurston Springer Miller Herd & Titak Inc. raised its position in Weyerhaeuser by 4,884.2% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 947 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 928 shares during the period. Meeder Asset Management Inc. boosted its stake in Weyerhaeuser by 172.4% in the third quarter. Meeder Asset Management Inc. now owns 1,136 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 719 shares during the last quarter. Northwest Investment Counselors LLC bought a new position in shares of Weyerhaeuser during the 3rd quarter valued at approximately $45,000. Finally, AdvisorNet Financial Inc increased its stake in shares of Weyerhaeuser by 41.2% during the 4th quarter. AdvisorNet Financial Inc now owns 1,665 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 486 shares during the last quarter. 82.99% of the stock is owned by hedge funds and other institutional investors.

Weyerhaeuser Price Performance

Weyerhaeuser stock opened at $30.04 on Friday. The stock has a market cap of $21.83 billion, a price-to-earnings ratio of 54.62, a PEG ratio of 4.69 and a beta of 1.42. The company has a quick ratio of 1.17, a current ratio of 1.79 and a debt-to-equity ratio of 0.50. The business has a 50-day simple moving average of $29.54 and a 200 day simple moving average of $30.91. Weyerhaeuser has a 52 week low of $26.73 and a 52 week high of $36.27.

Weyerhaeuser (NYSE:WY) last issued its quarterly earnings data on Thursday, January 30th. The real estate investment trust reported $0.11 EPS for the quarter, topping the consensus estimate of $0.07 by $0.04. Weyerhaeuser had a return on equity of 3.86% and a net margin of 5.56%. On average, research analysts forecast that Weyerhaeuser will post 0.8 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on WY. Cibc World Mkts upgraded Weyerhaeuser from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 15th. CIBC upgraded Weyerhaeuser from a “neutral” rating to an “outperformer” rating and set a $35.00 price target for the company in a research note on Wednesday, January 15th. Citigroup dropped their price objective on shares of Weyerhaeuser from $38.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, January 15th. Truist Financial lowered their price target on shares of Weyerhaeuser from $34.00 to $33.00 and set a “hold” rating on the stock in a research report on Monday, January 6th. Finally, BMO Capital Markets raised shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $38.00 price objective for the company in a report on Friday, December 6th. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Weyerhaeuser has an average rating of “Moderate Buy” and a consensus price target of $35.00.

Weyerhaeuser Profile

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.