This morning we watched Weyerhaeuser drop -1.0% to a price of $33.24 per share. The Large-Cap Specialty Real Estate Investment Trust company is now trading -7.38% below its average target price of $35.89. Analysts have set target prices ranging from $31.0 to $38.0 per share for Weyerhaeuser, and have given the stock an average rating of buy.
Weyerhaeuser's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.2%. The stock's short ratio is 1.92. The company's insiders own 0.28% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 85.9%. In conclusion, we believe there is mixed market sentiment regarding Weyerhaeuser.
Institutions Invested in Weyerhaeuser
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-06-30 | Vanguard Group Inc | 16% | 114,563,109 | $3,808,077,935 |
| 2024-06-30 | Blackrock Inc. | 9% | 62,143,506 | $2,065,650,243 |
| 2024-06-30 | Price (T.Rowe) Associates Inc | 7% | 51,476,599 | $1,711,082,237 |
| 2024-06-30 | Wellington Management Group, LLP | 4% | 31,720,817 | $1,054,400,010 |
| 2024-06-30 | State Street Corporation | 4% | 30,645,889 | $1,018,669,401 |
| 2024-06-30 | Norges Bank Investment Management | 3% | 22,489,760 | $747,559,660 |
| 2024-06-30 | Geode Capital Management, LLC | 3% | 19,316,548 | $642,082,087 |
| 2024-06-30 | Invesco Ltd. | 2% | 17,776,187 | $590,880,485 |
| 2024-06-30 | JP Morgan Chase & Company | 2% | 14,994,953 | $498,432,262 |
| 2024-06-30 | First Eagle Investment Management, LLC | 2% | 14,194,696 | $471,831,718 |
