WEYERHAEUSER CO COM (WY) : Interactive Financial Advisors has sold out all of its stake in WEYERHAEUSER CO COM during the most recent quarter, according to the disclosure filed by the company on Apr 21, 2016 with the SEC. The investment management company has sold out 486 shares of WEYERHAEUSER CO COM which is valued at $15,678.
WEYERHAEUSER CO COM opened for trading at $32.33 and hit $32.4819 on the upside on Wednesday, eventually ending the session at $32.32, with a gain of 0.25% or 0.08 points. The heightened volatility saw the trading volume jump to 27,16,729 shares. Company has a market cap of $16,499 M.
Other Hedge Funds, Including , Eagle Ridge Investment Management boosted its stake in WY in the latest quarter, The investment management firm added 15,006 additional shares and now holds a total of 150,468 shares of WEYERHAEUSER CO COM which is valued at $4,854,098. WEYERHAEUSER CO COM makes up approx 1.11% of Eagle Ridge Investment Management’s portfolio.Davis R M Inc reduced its stake in WY by selling 159,369 shares or 43.92% in the most recent quarter. The Hedge Fund company now holds 203,513 shares of WY which is valued at $6,565,329. WEYERHAEUSER CO COM makes up approx 0.33% of Davis R M Inc’s portfolio.Patten Patten Inctn boosted its stake in WY in the latest quarter, The investment management firm added 8,923 additional shares and now holds a total of 560,576 shares of WEYERHAEUSER CO COM which is valued at $17,787,076. WEYERHAEUSER CO COM makes up approx 2.52% of Patten Patten Inctn’s portfolio.Adams Asset Advisors reduced its stake in WY by selling 3,975 shares or 1.38% in the most recent quarter. The Hedge Fund company now holds 284,105 shares of WY which is valued at $9,014,652. WEYERHAEUSER CO COM makes up approx 1.63% of Adams Asset Advisors’s portfolio.Hexavest reduced its stake in WY by selling 38,754 shares or 1.81% in the most recent quarter. The Hedge Fund company now holds 2,099,257 shares of WY which is valued at $66,609,425. WEYERHAEUSER CO COM makes up approx 1.03% of Hexavest’s portfolio.
On the company’s financial health, WEYERHAEUSER CO COM reported $0.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Feb 5, 2016. Analyst had a consensus of $0.24. The company had revenue of $1820.00 million for the quarter, compared to analysts expectations of $1733.47 million. The company’s revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 EPS.
Many Wall Street Analysts have commented on WEYERHAEUSER CO COM. Shares were Reiterated by Argus on Feb 17, 2016 to “Buy” and Lowered the Price Target to $ 28 from a previous price target of $43 .
Weyerhaeuser Company is a real estate investment trust (REIT). The Company is an owner of timberlands. It is principally engaged in growing and harvesting timber as well as manufacturing distributing and selling products made from trees. The Company owns nearly 7 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. The Company’s operational segments include Timberlands Wood Products and Cellulose Fibers. The Company’s Timberlands segment manages approximately 6.9 million acres of private commercial timberlands across the world. The Wood Products segment manufactures and distributes wood products primarily in North America and Asia. The Cellulose Fibers segment is involved in the production of absorbent fluff pulp used in products such as diapers.