This morning we watched Weyerhaeuser drop -1.2% to a price of $30.05 per share. The Large-Cap Specialty Real Estate Investment Trust company is now trading -16.53% below its average target price of $36.0. Analysts have set target prices ranging from $33.0 to $40.0 per share for Weyerhaeuser, and have given the stock an average rating of buy.
The stock has a very low short interest at 1.5%, and a short ratio of 2.41. The company's insiders own 0.28% 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 88.0% of Weyerhaeuser's shares being owned by this investor type.
Institutions Invested in Weyerhaeuser
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Vanguard Group Inc | 16% | 113,736,393 | $3,417,778,522 |
| 2024-09-30 | Blackrock Inc. | 9% | 63,159,358 | $1,897,938,659 |
| 2024-09-30 | Price (T.Rowe) Associates Inc | 6% | 41,945,275 | $1,260,455,481 |
| 2024-09-30 | Wellington Management Group, LLP | 5% | 35,755,865 | $1,074,463,715 |
| 2024-09-30 | State Street Corporation | 4% | 31,407,646 | $943,799,738 |
| 2024-09-30 | Cohen & Steers Inc. | 3% | 24,714,933 | $742,683,717 |
| 2024-06-30 | Norges Bank Investment Management | 3% | 22,489,760 | $675,817,270 |
| 2024-09-30 | Geode Capital Management, LLC | 3% | 19,534,058 | $586,998,427 |
| 2024-09-30 | Invesco Ltd. | 2% | 14,814,706 | $445,181,903 |
| 2024-09-30 | First Eagle Investment Management, LLC | 2% | 14,203,506 | $426,815,344 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Weyerhaeuser.
