Stevens First Principles Investment Advisors Lowers stake in Weyerhaeuser Co (WY)

Weyerhaeuser Co (WY) : Stevens First Principles Investment Advisors reduced its stake in Weyerhaeuser Co by 5.55% during the most recent quarter end. The investment management company now holds a total of 245,751 shares of Weyerhaeuser Co which is valued at $7.6 Million after selling 14,427 shares in Weyerhaeuser Co , the firm said in a disclosure report filed with the SEC on May 13, 2016.Weyerhaeuser Co makes up approximately 6.04% of Stevens First Principles Investment Advisors’s portfolio.

Other Hedge Funds, Including , Baker Avenue Asset Management Lp boosted its stake in WY in the latest quarter, The investment management firm added 12,210 additional shares and now holds a total of 22,810 shares of Weyerhaeuser Co which is valued at $703,917. Weyerhaeuser Co makes up approx 0.11% of Baker Avenue Asset Management Lp’s portfolio.Gsa Capital Partners Llp reduced its stake in WY by selling 48,206 shares or 54.91% in the most recent quarter. The Hedge Fund company now holds 39,578 shares of WY which is valued at $1.2 Million. Weyerhaeuser Co makes up approx 0.08% of Gsa Capital Partners Llp’s portfolio.Skba Capital Management boosted its stake in WY in the latest quarter, The investment management firm added 53,800 additional shares and now holds a total of 378,200 shares of Weyerhaeuser Co which is valued at $11.7 Million. Weyerhaeuser Co makes up approx 1.16% of Skba Capital Management’s portfolio.Td Asset Management Inc reduced its stake in WY by selling 61,075 shares or 10.08% in the most recent quarter. The Hedge Fund company now holds 544,840 shares of WY which is valued at $17.2 Million. Weyerhaeuser Co makes up approx 0.03% of Td Asset Management Inc’s portfolio.Middleton Co Incma boosted its stake in WY in the latest quarter, The investment management firm added 328 additional shares and now holds a total of 7,048 shares of Weyerhaeuser Co which is valued at $222,787. Weyerhaeuser Co makes up approx 0.05% of Middleton Co Incma’s portfolio.

Weyerhaeuser Co opened for trading at $31.2 and hit $31.64 on the upside on Wednesday, eventually ending the session at $31.45, with a gain of 1.03% or 0.32 points. The heightened volatility saw the trading volume jump to 34,04,117 shares. Company has a market cap of $23,495 M.

On the company’s financial health, Weyerhaeuser Co reported $0.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on May 6, 2016. Analyst had a consensus of $0.20. The company had revenue of $1741.00 million for the quarter, compared to analysts expectations of $1972.56 million. The company’s revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.19 EPS.

Many Wall Street Analysts have commented on Weyerhaeuser Co. Shares were Downgraded by DA Davidson on May 9, 2016 to ” Neutral” and Lowered the Price Target to $ 33 from a previous price target of $34 .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.

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