Patten & Patten INC Has Trimmed Weyerhaeuser Co. (WY) Holding as Share Value Declined

Weyerhaeuser Company (NYSE:WY) LogoInvestors sentiment decreased to 0.54 in 2018 Q4. Its down 0.32, from 0.86 in 2018Q3. It fall, as 100 investors sold WY shares while 342 reduced holdings. 74 funds opened positions while 166 raised stakes. 553.73 million shares or 1.78% more from 544.04 million shares in 2018Q3 were reported. Moreover, Captrust Fin has 0.08% invested in Weyerhaeuser Company (NYSE:WY). Hanson Mcclain has 761 shares for 0% of their portfolio. Fjarde Ap holds 0.04% in Weyerhaeuser Company (NYSE:WY) or 101,907 shares. Price T Rowe Md stated it has 0.12% in Weyerhaeuser Company (NYSE:WY). Klingenstein Fields & Com Ltd Liability Com accumulated 716,636 shares. Paw has invested 0.55% in Weyerhaeuser Company (NYSE:WY). Farmers & Merchants Invests stated it has 0.04% of its portfolio in Weyerhaeuser Company (NYSE:WY). Moreover, Johnson Inv Counsel has 0.01% invested in Weyerhaeuser Company (NYSE:WY). Karpas Strategies Ltd owns 17,598 shares or 0.18% of their US portfolio. Apg Asset Mngmt Nv reported 0.01% of its portfolio in Weyerhaeuser Company (NYSE:WY). Tower Bridge Advisors reported 0% of its portfolio in Weyerhaeuser Company (NYSE:WY). Spc Incorporated accumulated 0.25% or 41,030 shares. Bartlett & Com Limited Liability Company invested in 2,318 shares or 0% of the stock. Nomura Inc holds 0% of its portfolio in Weyerhaeuser Company (NYSE:WY) for 17,587 shares. Cls Ltd Limited Liability Company reported 224 shares.

Since February 1, 2019, it had 0 insider purchases, and 1 insider sale for $210,526 activity.

Patten & Patten Inc decreased its stake in Weyerhaeuser Co. (WY) by 59.37% based on its latest 2018Q4 regulatory filing with the SEC. Patten & Patten Inc sold 283,699 shares as the company’s stock declined 7.42% while stock markets rallied. The institutional investor held 194,129 shares of the real estate investment trusts company at the end of 2018Q4, valued at $4.24 million, down from 477,828 at the end of the previous reported quarter. Patten & Patten Inc who had been investing in Weyerhaeuser Co. for a number of months, seems to be less bullish one the $19.14 billion market cap company. The stock decreased 1.25% or $0.33 during the last trading session, reaching $25.7. About 1.56M shares traded. Weyerhaeuser Company (NYSE:WY) has declined 27.39% since May 8, 2018 and is downtrending. It has underperformed by 31.76% the S&P500.

Analysts await Weyerhaeuser Company (NYSE:WY) to report earnings on July, 26. They expect $0.13 earnings per share, down 70.45 % or $0.31 from last year’s $0.44 per share. WY’s profit will be $96.84 million for 49.42 P/E if the $0.13 EPS becomes a reality. After $0.11 actual earnings per share reported by Weyerhaeuser Company for the previous quarter, Wall Street now forecasts 18.18 % EPS growth.

More important recent Weyerhaeuser Company (NYSE:WY) news were published by: Seekingalpha.com which released: “Weyerhaeuser Q1 shows improvement from Q4 – Seeking Alpha” on April 26, 2019, also Investorplace.com published article titled: “3 Big Stock Charts for Monday: W W Grainger, AES and Weyerhaeuser – Investorplace.com”, Seekingalpha.com published: “Lumber – What A Difference A Year Makes – Seeking Alpha” on April 23, 2019. More interesting news about Weyerhaeuser Company (NYSE:WY) was released by: Globenewswire.com and their article: “Factors of Influence in 2019, Key Indicators and Opportunity within Hudson Technologies, Tower International, Saul Centers, and Weyerhaeuser — New Research Emphasizes Economic Growth – GlobeNewswire” with publication date: May 06, 2019.

Weyerhaeuser Company (NYSE:WY) Ratings Coverage

Among 4 analysts covering Weyerhaeuser (NYSE:WY), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Weyerhaeuser had 7 analyst reports since November 20, 2018 according to SRatingsIntel. On Tuesday, November 20 the stock rating was maintained by Argus Research with “Buy”. BMO Capital Markets upgraded the shares of WY in report on Monday, March 11 to “Outperform” rating. The firm earned “Neutral” rating on Wednesday, January 2 by Bank of America.

Weyerhaeuser Company (NYSE:WY) Institutional Positions Chart

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