Greystone Investment Management LLC Has Trimmed Its Weyerhaeuser Co (WY) Holding as Valuation Rose

June 19, 2018 - By Louis Casey

Weyerhaeuser Company (NYSE:WY) LogoInvestors sentiment decreased to 0.94 in Q1 2018. Its down 0.20, from 1.14 in 2017Q4. It fall, as 58 investors sold WY shares while 284 reduced holdings. 67 funds opened positions while 256 raised stakes. 556.76 million shares or 2.10% more from 545.30 million shares in 2017Q4 were reported. Qs Investors Lc reported 0.02% in Weyerhaeuser Company (NYSE:WY). Boston Family Office Limited Liability Co holds 0.62% or 156,468 shares in its portfolio. Private Advisor Gp Limited Liability owns 41,278 shares or 0.05% of their US portfolio. Eqis Management Inc has 0.03% invested in Weyerhaeuser Company (NYSE:WY). Atlantic Trust Grp Limited Co reported 351,002 shares. Ellington Mngmt Grp Inc Limited Liability Corp invested in 0.04% or 14,200 shares. Sumitomo Mitsui Trust, a Japan-based fund reported 1.96M shares. Manufacturers Life Insur The has invested 0.03% in Weyerhaeuser Company (NYSE:WY). Coldstream Capital has invested 0.03% in Weyerhaeuser Company (NYSE:WY). Curbstone Corporation accumulated 103,880 shares or 1.03% of the stock. Wealthtrust reported 0% stake. Moreover, Kistler has 0.07% invested in Weyerhaeuser Company (NYSE:WY). Jfs Wealth Advsr Limited Liability Com holds 0.07% of its portfolio in Weyerhaeuser Company (NYSE:WY) for 7,312 shares. Fiduciary Trust stated it has 31,481 shares or 0.03% of all its holdings. Moreover, Wilbanks Smith And Thomas Asset Mngmt Ltd Llc has 0.04% invested in Weyerhaeuser Company (NYSE:WY) for 14,382 shares.

Greystone Investment Management Llc decreased its stake in Weyerhaeuser Co (WY) by 70.41% based on its latest 2018Q1 regulatory filing with the SEC. Greystone Investment Management Llc sold 102,979 shares as the company’s stock rose 3.62% while stock markets declined. The institutional investor held 43,285 shares of the real estate investment trusts company at the end of 2018Q1, valued at $1.52M, down from 146,264 at the end of the previous reported quarter. Greystone Investment Management Llc who had been investing in Weyerhaeuser Co for a number of months, seems to be less bullish one the $28.03B market cap company. The stock decreased 0.26% or $0.095 during the last trading session, reaching $37.025. About 1.06 million shares traded. Weyerhaeuser Company (NYSE:WY) has risen 11.40% since June 19, 2017 and is uptrending. It has underperformed by 1.17% the S&P500.

Analysts await Weyerhaeuser Company (NYSE:WY) to report earnings on July, 27. They expect $0.41 earnings per share, up 46.43 % or $0.13 from last year’s $0.28 per share. WY’s profit will be $310.37M for 22.58 P/E if the $0.41 EPS becomes a reality. After $0.36 actual earnings per share reported by Weyerhaeuser Company for the previous quarter, Wall Street now forecasts 13.89 % EPS growth.

Weyerhaeuser Company (NYSE:WY) Ratings Coverage

Among 2 analysts covering Weyerhaeuser (NYSE:WY), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Weyerhaeuser had 2 analyst reports since January 24, 2018 according to SRatingsIntel. The firm has “Buy” rating by Citigroup given on Monday, April 30. The rating was upgraded by Bank of America on Wednesday, January 24 to “Buy”.

Weyerhaeuser Company (NYSE:WY) Institutional Positions Chart

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