Bullish Options Activity on Weyerhaeuser Co Surges After Better Fundamentals


 Bullish Options Activity on Weyerhaeuser Co Surges After Better Fundamentals

In today’s session Weyerhaeuser Co (WY) registered an unusually high (549) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious WY increase. With 549 contracts traded and 25314 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: WY161118C00031000 closed last at: $1.5 or 9.1% down. Weyerhaeuser Co (NYSE:WY) has risen 14.63% since March 2, 2016 and is uptrending. It has outperformed by 6.37% the S&P500.

Analysts await Weyerhaeuser Co (NYSE:WY) to report earnings on November, 4. They expect $0.24 earnings per share, down 31.43% or $0.11 from last year’s $0.35 per share. WY’s profit will be $180.25 million for 32.26 P/E if the $0.24 EPS becomes a reality. After $0.17 actual earnings per share reported by Weyerhaeuser Co for the previous quarter, Wall Street now forecasts 41.18% EPS growth.

Weyerhaeuser Co (NYSE:WY) Ratings Coverage

Out of 11 analysts covering Weyerhaeuser Company (NYSE:WY), 8 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 73% are positive. $37 is the highest target while $32 is the lowest. The $34.17 average target is 10.33% above today’s ($30.97) stock price. Weyerhaeuser Company has been the topic of 18 analyst reports since September 11, 2015 according to StockzIntelligence Inc. The stock of Weyerhaeuser Co (NYSE:WY) earned “Hold” rating by Vertical Research on Tuesday, May 3. The company was upgraded on Friday, November 13 by Credit Agricole. The rating was upgraded by Bank of America on Tuesday, September 15 to “Buy”. DA Davidson upgraded Weyerhaeuser Co (NYSE:WY) on Wednesday, June 29 to “Buy” rating. On Friday, October 9 the stock rating was upgraded by UBS to “Neutral”. The stock of Weyerhaeuser Co (NYSE:WY) earned “Neutral” rating by Dundee Securities on Friday, December 18. The rating was downgraded by Dundee Securities to “Neutral” on Friday, August 12. Dundee Securities upgraded the stock to “Buy” rating in Tuesday, January 19 report. CLSA upgraded the shares of WY in a report on Friday, November 13 to “Outperform” rating. On Friday, March 11 the stock rating was maintained by Citigroup with “Buy”.

According to Zacks Investment Research, “Weyerhaeuser Company is principally engaged in the growing and harvesting of timber and the manufacture, distribution and sale of forest products, real estate development and construction, and other real estate related activities. Its business segments are timberlands; wood products; pulp, paper and packaging; and real estate and related assets.”

Insitutional Activity: The institutional sentiment decreased to 0.81 in Q2 2016. Its down 4.01, from 4.82 in 2016Q1. The ratio fall, as 48 funds sold all Weyerhaeuser Co shares owned while 313 reduced positions. 66 funds bought stakes while 228 increased positions. They now own 558.83 million shares or 51.86% less from 1.16 billion shares in 2016Q1.
First Commercial Bank Na accumulated 0.04% or 6,990 shares. Tarbox Grp Incorporated accumulated 1,666 shares or 0.04% of the stock. Independent Port Consultants Incorporated has 0.07% invested in the company for 7,261 shares. Old Point Tru And Financial N A last reported 0.22% of its portfolio in the stock. Beacon, a Ohio-based fund reported 240 shares. Associated Banc has 0.28% invested in the company for 146,343 shares. Alexandria Cap Limited Co holds 3,919 shares or 0.02% of its portfolio. Wunderlich Managemnt holds 0.69% or 27,545 shares in its portfolio. 1832 Asset Mgmt Ltd Partnership holds 0.65% or 5.44 million shares in its portfolio. Moreover, Natixis Asset has 0.03% invested in Weyerhaeuser Co (NYSE:WY) for 9,480 shares. Advsrs Asset Inc holds 0.01% of its portfolio in Weyerhaeuser Co (NYSE:WY) for 17,091 shares. Wetherby Asset Mgmt holds 0.07% or 10,704 shares in its portfolio. Moneta Investment Advsrs last reported 0.05% of its portfolio in the stock. British Columbia Investment Mngmt Corporation last reported 0.13% of its portfolio in the stock. Patten Gru Inc, a Tennessee-based fund reported 131,653 shares.

Insider Transactions: Since June 7, 2016, the stock had 0 insider buys, and 8 selling transactions for $22.81 million net activity. $298,000 worth of Weyerhaeuser Co (NYSE:WY) was sold by Emmert Mark A on Tuesday, June 7. 3,292 Weyerhaeuser Co (NYSE:WY) shares with value of $98,760 were sold by Hunter Rhonda D. 1,929 shares were sold by Bozeman David P, worth $58,456. Another trade for 59,686 shares valued at $1.94 million was made by HILLMAN JEANNE M on Wednesday, August 10. Slater Catherine I had sold 11,609 shares worth $369,294. Shares for $19.79M were sold by HOLLEY RICK R.

Weyerhaeuser Company is a real estate investment trust . The company has a market cap of $23.26 billion. The Firm is an owner of timberlands. It has a 44.79 P/E ratio. It is principally engaged in growing and harvesting timber, as well as manufacturing, distributing and selling products made from trees.

WY Company Profile

Weyerhaeuser Company, incorporated on January 18, 1900, is a real estate investment trust (REIT). The Firm is an owner of timberlands. The Firm is principally engaged in growing and harvesting timber, as well as manufacturing, distributing and selling products made from trees. The Company’s divisions include Timberlands, Wood Products and Cellulose Fibers. The Firm owns or controls approximately seven 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.

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