Weyerhaeuser (WY:NYE), saw an increase in the stake held by Private Advisor Group LLC by 25.0% in the fourth quarter, according to a recent filing with the SEC. Private Advisor Group LLC now owns 33,625 shares of Weyerhaeuser stock, with a total value of $210,193,000 at the end of the period.

Other institutional investors and hedge funds also modified their holdings, including Utah Retirement Systems and Financial Advocates Investment Management.

Weyerhaeuser Stock Forecast:

Based on the Weyerhaeuser Company stock forecasts from 8 analysts, the average analyst target price for Weyerhaeuser Company is USD 37.25 over the next 12 months. Weyerhaeuser Company’s average analyst rating is Strong Buy.

Stock Target Advisor’s own stock analysis of Weyerhaeuser Company is Bullish, which is based on 12 positive signals and 2 negative signals. At the last closing, Weyerhaeuser Company’s stock price was USD 30.13. Weyerhaeuser Company’s stock price has changed by +5.57% over the past week, -3.89% over the past month, and -20.75% over the last year.

Company Profile:

Weyerhaeuser Company, one of the world’s largest private owners of timberlands, began operations in 1900. We own or control approximately 11 million acres of timberlands in the U.S. and manage additional timberlands under long-term licenses in Canada.

We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards. We are also one of the largest manufacturers of wood products in North America. Our company is a real estate investment trust. In 2020, we generated $7.5 billion in net sales and employed approximately 9,400 people who serve customers worldwide.

We are listed on the Dow Jones Sustainability North America Index. Our common stock trades on the New York Stock Exchange under the symbol WY.