Weyerhaeuser Co Unusual Bearish Options Activity Means Higher Risks


 Weyerhaeuser Co Unusual Bearish Options Activity Means Higher Risks

In today’s session Weyerhaeuser Co (WY) recorded an unusually high (418) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious WY decrease. With 418 contracts traded and 59684 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: WY170120P00030000 closed last at: $1.05 or 8.7% down. Weyerhaeuser Co (NYSE:WY) has risen 7.64% since March 16, 2016 and is uptrending. It has outperformed by 2.10% 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 $180.23M for 32.29 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 10.23% above today’s ($31) stock price. Weyerhaeuser Company has been the topic of 18 analyst reports since September 11, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by DA Davidson on Wednesday, June 29. The stock has “Outperform” rating given by Credit Agricole on Friday, November 13. On Tuesday, May 3 the stock rating was downgraded by Vertical Research to “Hold”. UBS upgraded the stock to “Neutral” rating in Friday, October 9 report. CLSA upgraded Weyerhaeuser Co (NYSE:WY) on Friday, November 13 to “Outperform” rating. As per Friday, December 18, the company rating was downgraded by Dundee Securities. DA Davidson downgraded the shares of WY in a report on Monday, May 9 to “Neutral” rating. Bank of America upgraded Weyerhaeuser Co (NYSE:WY) on Tuesday, September 15 to “Buy” rating. Citigroup maintained Weyerhaeuser Co (NYSE:WY) on Friday, March 11 with “Buy” rating. Argus Research maintained the stock with “Buy” rating in Tuesday, March 15 report.

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.
The Connecticut-based Bourgeon Capital Limited Liability Com has invested 3.41% in Weyerhaeuser Co (NYSE:WY). Augustine Asset Mngmt has 30,485 shares for 0.72% of their US portfolio. State Of Alaska Department Of Revenue holds 276,700 shares or 0.86% of its portfolio. Forward Mngmt Lc accumulated 0.29% or 115,600 shares. Huntington Steele Limited Liability Co, a Washington-based fund reported 546,830 shares. Dubuque Bank & Trust holds 0.07% of its portfolio in Weyerhaeuser Co (NYSE:WY) for 11,950 shares. Invsts Capital Advisory Services has 0.13% invested in the company for 23,559 shares. Blackrock Gru Ltd has 6.09 million shares for 0.09% of their US portfolio. Moreover, Aviva Public Ltd has 0.09% invested in Weyerhaeuser Co (NYSE:WY) for 462,120 shares. Marshwinds Advisory last reported 43,712 shares in the company. Rodgers Brothers holds 0.14% of its portfolio in Weyerhaeuser Co (NYSE:WY) for 11,186 shares. Forbes J M Comm Ltd Liability Partnership accumulated 0.14% or 16,919 shares. Associated Banc accumulated 0.28% or 146,343 shares. Natl Pension holds 0.14% or 539,478 shares in its portfolio. Balyasny Asset Management Lc holds 0.02% of its portfolio in Weyerhaeuser Co (NYSE:WY) for 115,365 shares.

Insider Transactions: Since June 7, 2016, the stock had 0 insider buys, and 9 selling transactions for $23.28 million net activity. HILLMAN JEANNE M had sold 4,492 shares worth $145,990 on Tuesday, August 9. Hunter Rhonda D had sold 3,292 shares worth $98,760. $58,456 worth of Weyerhaeuser Co (NYSE:WY) was sold by Bozeman David P on Thursday, June 9. 11,609 shares were sold by Slater Catherine I, worth $369,294 on Friday, August 12. Shares for $468,325 were sold by Merle Denise M on Monday, October 10. 9,536 shares were sold by Emmert Mark A, worth $298,000. HOLLEY RICK R sold 608,000 shares worth $19.79M.

Weyerhaeuser Company is a real estate investment trust . The company has a market cap of $23.28 billion. The Firm is an owner of timberlands. It has a 44.83 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.

More news for Weyerhaeuser Co (NYSE:WY) were recently published by: Prnewswire.com, which released: “Weyerhaeuser Company declares dividend on common shares” on October 14, 2016. Forbes.com‘s article titled: “Weyerhaeuser a Top Socially Responsible Dividend Stock With 4.0% Yield (WY)” and published on October 07, 2016 is yet another important article.

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