Rhumbline Advisers recently decreased its stake in Weyerhaeuser Company by 3.1%, leaving it with 1,466,138 shares valued at approximately $36.35 million. Despite beating Q3 EPS estimates, Weyerhaeuser’s revenue declined, and its high dividend payout ratio raises sustainability concerns. The article also details recent insider transactions and varied analyst ratings, reflecting mixed sentiment for the company’s near-term prospects.
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Rhumbline Advisers Has $36.35 Million Stock Position in Weyerhaeuser Company $WY
Rhumbline Advisers recently decreased its stake in Weyerhaeuser Company by 3.1%, leaving it with 1,466,138 shares valued at approximately $36.35 million. Despite beating Q3 EPS estimates, Weyerhaeuser’s revenue declined, and its high dividend payout ratio raises sustainability concerns. The article also details recent insider transactions and varied analyst ratings, reflecting mixed sentiment for the company’s near-term prospects.