After Today’s Bullish Options Activity, Is Weyerhaeuser Co’s Near-Term Analysis Positive?

 After Today's Bullish Options Activity, Is Weyerhaeuser Co's Near Term Analysis Positive?

In today’s session Weyerhaeuser Co (WY) registered an unusually high (2,603) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious WY increase. With 2,603 contracts traded and 574 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: WY161216C00032500 closed last at: $0.5 or 9.1% down. About 178,223 shares traded hands. Weyerhaeuser Co (NYSE:WY) has declined 1.39% since April 22, 2016 and is downtrending. It has underperformed by 6.80% the S&P500.

Analysts await Weyerhaeuser Co (NYSE:WY) to report earnings on February, 3. They expect $0.17 EPS, down 29.17% or $0.07 from last year’s $0.24 per share. WY’s profit will be $125.91M for 47.29 P/E if the $0.17 EPS becomes a reality. After $0.23 actual EPS reported by Weyerhaeuser Co for the previous quarter, Wall Street now forecasts -26.09% negative 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 6.25% above today’s ($32.16) stock price. Weyerhaeuser Company has been the topic of 18 analyst reports since September 11, 2015 according to StockzIntelligence Inc. As per Friday, August 12, the company rating was downgraded by Dundee Securities. RBC Capital Markets maintained Weyerhaeuser Co (NYSE:WY) on Tuesday, November 17 with “Outperform” rating. As per Tuesday, January 19, the company rating was upgraded by Dundee Securities. The firm has “Hold” rating by Vertical Research given on Tuesday, May 3. Citigroup maintained it with “Buy” rating and $32 target price in Friday, March 11 report. DA Davidson upgraded Weyerhaeuser Co (NYSE:WY) on Wednesday, June 29 to “Buy” rating. The firm has “Neutral” rating given on Monday, May 9 by DA Davidson. The firm has “Buy” rating by Bank of America given on Tuesday, September 15. CLSA upgraded the stock to “Outperform” rating in Friday, November 13 report. The firm has “Buy” rating by Goldman Sachs given on Thursday, September 22.

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 increased to 1.12 in 2016 Q2. Its up 0.31, from 0.81 in 2016Q1. The ratio improved, 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.
Raab & Moskowitz Asset Mngmt Ltd Liability Corp last reported 63,089 shares in the company. Parsons Capital Ri has invested 0.19% of its portfolio in Weyerhaeuser Co (NYSE:WY). Azimuth Mgmt Ltd Liability Corp holds 0.54% or 201,926 shares in its portfolio. Manchester Cap Management Lc accumulated 0.08% or 19,557 shares. Gulf International National Bank (Uk) holds 0.12% or 236,255 shares in its portfolio. Stephens Inc Ar owns 256,970 shares or 0.34% of their US portfolio. First City Capital Mgmt owns 16,474 shares or 0.37% of their US portfolio. Ig Invest Mngmt last reported 0% of its portfolio in the stock. The New York-based Barrett Asset Management Limited Liability has invested 0.01% in Weyerhaeuser Co (NYSE:WY). Zwj Investment Counsel Inc has invested 0.63% of its portfolio in Weyerhaeuser Co (NYSE:WY). Dorsey And Whitney Limited Liability Co accumulated 21,001 shares or 0.14% of the stock. Capstone Asset Management Communications has 60,698 shares for 0.05% of their US portfolio. Credit Suisse Ag last reported 0.11% of its portfolio in the stock. Hyman Charles D accumulated 0.59% or 131,799 shares. Peregrine Asset Advisers Incorporated last reported 0.13% of its portfolio in the stock.

Insider Transactions: Since June 7, 2016, the stock had 0 insider buys, and 9 insider sales for $23.28 million net activity. Shares for $58,456 were sold by Bozeman David P. Hunter Rhonda D also sold $109,494 worth of Weyerhaeuser Co (NYSE:WY) on Wednesday, July 27. Shares for $145,990 were sold by HILLMAN JEANNE M. Slater Catherine I had sold 11,609 shares worth $369,294. Emmert Mark A sold $298,000 worth of stock. Merle Denise M sold 15,049 shares worth $468,325. $19.79 million worth of Weyerhaeuser Co (NYSE:WY) shares were sold by HOLLEY RICK R.

Weyerhaeuser Company is a real estate investment trust . The company has a market cap of $23.82 billion. The Firm is an owner of timberlands. It has a 57.61 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.

Another recent and important Weyerhaeuser Co (NYSE:WY) news was published by Prnewswire.com which published an article titled: “Weyerhaeuser announces leadership changes” on November 01, 2016.

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