Weyerhaeuser Company stock is trading -9.08% below its average target price of $37.33 after marking a 6.1% during today's evening session. Analysts are giving the large-cap Specialty Real Estate Investment Trust company an average rating of buy and target prices ranging from $36.0 to $40.0 per share.
The stock has a very low short interest at 1.8%, and a short ratio of 2.92. The company's insiders own 0.23% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 85.6% of Weyerhaeuser Company's shares being owned by this investor type.
Institutions Invested in Weyerhaeuser Company
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 16% | 116,261,862 | $3,945,927,436 |
| 2023-09-30 | Blackrock Inc. | 9% | 63,486,389 | $2,154,727,955 |
| 2023-09-30 | Price (T.Rowe) Associates Inc | 7% | 47,498,932 | $1,612,113,686 |
| 2023-09-30 | State Street Corporation | 4% | 29,648,371 | $1,006,265,671 |
| 2023-09-30 | JP Morgan Chase & Company | 3% | 21,065,844 | $714,974,716 |
| 2023-09-30 | Wellington Management Group, LLP | 3% | 19,299,328 | $655,019,165 |
| 2023-09-30 | Geode Capital Management, LLC | 2% | 17,926,312 | $608,419,004 |
| 2022-12-31 | Norges Bank Investment Management | 2% | 15,648,240 | $531,101,244 |
| 2023-09-30 | First Eagle Investment Management, LLC | 2% | 14,313,347 | $485,794,977 |
| 2023-09-30 | Northern Trust Corporation | 2% | 11,843,748 | $401,976,790 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Weyerhaeuser Company.
