Patricia Bedient Insider Sell Transaction
The Executive Vice President & CFO of Weyerhaeuser Co (NYSE:WY)
Weyerhaeuser Co Stock Rating, Sentiment and Fundamentals
It is difficult to make conclusions about Weyerhaeuser Co’s future just from Patricia Bedient’s sale because in this filing, the insider also revealed option transactions. In the form, it was reported that Patricia exercised options for 18,581 shares with average price 26.3, worth 488,104. Sixteen Weyerhaeuser Co’s top financial analysts project a profit of $1.03 a share and see 31.19 P/E ratio for 2015. The expert analysts see a year-over-year earnings per share growth rate of not more than 5.00%.
|Rating & Sentiment|
|Hedge Funds Sentiment:||NEUTRAL|
|Earnings + FCF Trend:||NEUTRAL|
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Octafinance chart analysis shows that Weyerhaeuser Co’s share price is in a strong and smooth bearish downtrend after a decline by around 3.99 % over the last 200 days alone. We have no choice but to rate the stock a sell and not only because of Patricia’s stock trade, but also our back-tested equities momentum model as shown on the chart below.
Price Chart of Weyerhaeuser Co NYSE:WY Stock
Source: RightEdgeSystems, Yahoo Split & Dividend Adjusted Data and OctaFinance Interpretations
The consensus amongst the legendary speculators has always been that a mix of both fundamental as well as technical analysis allows for the highest returns, epitomized by John Burbank.
Hedge Funds Ownership
In the previous quarter 555 institutional investors and hedge funds own Weyerhaeuser Co. The tracked banks along with hedge funds and other institutional investors have traditionally had an extremely high interest in the company in focus, and that was also the case in the last quarter. The institutional ownership was 82.28 % of the stock’s outstanding shares. They decreased by 57.04 million the total shares they hold. As of that quarter these professional stock holders owned 420.12 million shares. A total of 61 funds opened new positions in Weyerhaeuser Co and 191 increased their holdings. There were 54 funds that closed their positions and 215 that reduced them.
Amongst these, 13 have this stock in their Top 10. Some of them are: Capital Innovations Llc, Fiduciary Counselling Inc, Third Avenue Management Llc, Croft-Leominster Inc, Sasco Capital Inc Ct, Stevens First Principles Investment Advisors, Salem Capital Management Inc, Mosaic Financial Partners Inc., Patten Group Inc., Meridian Investment Counsel Inc..
Capital Innovations Llc had the greatest investment with ownership of 199,806 shares as of Q2 2015 for 6.07% of the fund’s portfolio. Fiduciary Counselling Inc is another bullish player possessing 239,250 shares of the company or 31.42% of their stocks portfolio. In addition Martin Whitman’s Third Avenue Management Llc have 8.77% of their stock portfolio invested in the company’s market cap for 11.07 million shares. Croft-Leominster Inc revealed it had acquired a stake worth 2.47% of the fund’s stock portfolio in Weyerhaeuser Co. The Connecticut-based fund Sasco Capital Inc Ct is also upbeat about the stock, possessing 7.37 million shares or 4.24% of their stock portfolio.
Weyerhaeuser Co NYSE:WY Company Profile
Weyerhaeuser Company is a real estate investment trust (REIT). The Company is an owner of timberlands. It is principally engaged in growing and harvesting timber, as well as manufacturing, distributing and selling products made from trees. The Company owns nearly 7 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. The Company’s operational segments include Timberlands, Wood Products and Cellulose Fibers. The Company’s Timberlands segment manages approximately 6.9 million acres of private commercial timberlands across the world. The Wood Products segment manufactures and distributes wood products primarily in North America and Asia. The Cellulose Fibers segment is involved in the production of absorbent fluff pulp used in products, such as diapers.
Company Website: Weyerhaeuser Co
Weyerhaeuser Co was filled in Washington on 1900-01-18. This company has 12800 employees. As of writing its market value is: $16.44 billion and it has 514.88 million shares outstanding. Today the company has 84.92% shareholders and the institutional ownership stands at 84.92%. The stock closed at $32.189999 yesterday and it had average 2 days volume of 1268777 shares. It is down from the 30 days average shares volume of 1283471. Weyerhaeuser Co has a one year low of $26.73 and a 250 days high of $37.03. The current price is above the 200 days Simple moving average. Weyerhaeuser Co last issued its quarterly earnings report on 10/30/2015. The company reported 0.35 EPS for the quarter, above the consensus estimate of 0.27 by 0.08. The company had a revenue of 1.82 billion for 9/30/2015 and 1.81 billion for 6/30/2015. Therefore, the revenue was 13.00 million up.
Patricia Bedient is also director of Alaska Air Group, Inc.
* The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in March 2015.
* Reported holdings include shares acquired in dividend reinvestment transactions.
* The option vests 25% each year from the grant date.
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