What’s Ahead for Weyerhaeuser Company (NYSE:WY) After More Shorted Shares?

Weyerhaeuser Company (NYSE:WY) Logo

Investors sentiment increased to 1.13 in Q1 2019. Its up 0.59, from 0.54 in 2018Q4. It improved, as 63 investors sold Weyerhaeuser Company shares while 227 reduced holdings. 83 funds opened positions while 244 raised stakes. 548.03 million shares or 1.03% less from 553.73 million shares in 2018Q4 were reported.
1832 Asset Management L P holds 0.04% in Weyerhaeuser Company (NYSE:WY) or 443,300 shares. Prio Wealth Lp reported 28,466 shares stake. Envestnet Asset Mgmt stated it has 428,840 shares or 0.02% of all its holdings. Amundi Pioneer Asset Mgmt Incorporated has invested 0.04% in Weyerhaeuser Company (NYSE:WY). 8,798 are held by Carnegie Cap Asset Management Limited Liability Corp. Blackhill Capital owns 26,240 shares or 0.12% of their US portfolio. Captrust Fin invested in 66,119 shares. Anchor Advsr Llc, a Massachusetts-based fund reported 15,154 shares. Peapack Gladstone Fincl reported 15,661 shares. Utah Retirement holds 0.07% or 141,554 shares in its portfolio. 180,925 were accumulated by Van Cleef Asset Managementinc. Blume Cap Mngmt holds 1.99% of its portfolio in Weyerhaeuser Company (NYSE:WY) for 144,065 shares. Gabelli Funds Lc invested in 0.06% or 390,000 shares. Colonial accumulated 55,930 shares or 0.28% of the stock. Paragon Cap Mngmt Limited Liability has invested 0% in Weyerhaeuser Company (NYSE:WY).

Since February 1, 2019, it had 1 buy, and 1 sale for $90,886 activity. $210,526 worth of stock was sold by Hagen Russell S on Friday, February 1.

The stock of Weyerhaeuser Company (NYSE:WY) registered an increase of 3.12% in short interest. WY’s total short interest was 11.27M shares in July as published by FINRA. Its up 3.12% from 10.93 million shares, reported previously. With 5.87 million shares average volume, it will take short sellers 2 days to cover their WY’s short positions. The short interest to Weyerhaeuser Company’s float is 1.51%.

The stock decreased 1.05% or $0.27 during the last trading session, reaching $25.54. About 2.86M shares traded. Weyerhaeuser Company (NYSE:WY) has declined 31.44% since July 14, 2018 and is downtrending. It has underperformed by 35.87% the S&P500.

Weyerhaeuser Co. is a real estate investment trust. The company has market cap of $19.02 billion. It primarily invests in United States. It has a 100.95 P/E ratio. The firm operates under four business divisions, timberlands, wood products, cellulose fibers and real estate.

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 has $32 highest and $30 lowest target. $31’s average target is 21.38% above currents $25.54 stock price. Weyerhaeuser had 5 analyst reports since January 23, 2019 according to SRatingsIntel. BMO Capital Markets upgraded Weyerhaeuser Company (NYSE:WY) rating on Monday, March 11. BMO Capital Markets has “Outperform” rating and $32 target.

More notable recent Weyerhaeuser Company (NYSE:WY) news were published by: Finance.Yahoo.com which released: “Here’s What Hedge Funds Think About Kellogg Company (K) – Yahoo Finance” on June 14, 2019, also Seekingalpha.com with their article: “Opportunities In Lumber And Weyerhaeuser – Seeking Alpha” published on May 11, 2019, Seekingalpha.com published: “Weyerhaeuser Q1 shows improvement from Q4 – Seeking Alpha” on April 26, 2019. More interesting news about Weyerhaeuser Company (NYSE:WY) were released by: Finance.Yahoo.com and their article: “Is Weyerhaeuser Co. (WY) A Good Stock To Buy? – Yahoo Finance” published on June 19, 2019 as well as Seekingalpha.com‘s news article titled: “Weyerhaeuser +1.1% as BMO boosts to outperform – Seeking Alpha” with publication date: March 11, 2019.

Weyerhaeuser Company (NYSE:WY) Institutional Positions Chart

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