Switch to:

Latest Guru Trades with WY

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)



No Guru Trades Found!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of Weyerhaeuser Co

SymbolPriceYieldDescription
WYPRA0.005.80

Guru Investment Theses on Weyerhaeuser Co

Third Avenue Value Fund Comments on Weyerhaeuser Co - Sep 12, 2014

The Fund initiated a position in Weyerhaeuser (WY) as the company moved to finalize the distribution of its WRECO homebuilding subsidiary in an exchange offer with Tri Pointe Homes Inc. Weyerhaeuser is a Real Estate Investment Trust with wood products and wood fiber businesses, and the second largest owner of timberlands in the U.S. It is worth noting that Weyerhaeuser was sourced with TAM’s Real Estate team and is a solid example of the ability of the Fund to pull ideas from across the entire TAM research team. The Reverse Morris Trust distribution of WRECO was structured as an exchange offer, whereby shareholders could choose to accept shares in the new Tri Pointe, or to retain their interest in Weyerhaeuser. We chose not to indicate for Tri Pointe shares, and were pleased that the exchange offer was oversubscribed so that we retained our full position in Weyerhaeuser. The net effect of the transaction from our perspective was a resource conversion event in which WRECO was traded for a large repurchase transaction, representing roughly 10% of Weyerhaeuser shares plus $700 million in cash.



We see the remaining businesses of Weyerhaeuser, led by CEO Doyle Simons, trading at a substantial discount to our estimated NAV combined with a solid outlook of secular growth, selfhelp margin improvement initiatives and a good way to gain exposure to a recovery in the U.S. housing market.



Post the WRECO divestiture, the remaining operations are Timberlands (about 46% of operating income), Wood Products (35%) and Cellulose Fibers (19%). The timber division owns forests in the U.S., Canada and Uruguay, and recently added 645,000 acres of strategic Pacific Northwest forest with the purchase of Longview Timber in July 2013. The Longview acquisition not only provides operational scale and cost reduction opportunities, but increases Weyerhaeuser’s exposure to the lucrative Asian export log markets, primarily China and Japan. Weyerhauser is able to accelerate the harvest on its acquired Longview acreage, as the average age of the acquired trees was over the optimal twenty five to forty year growth cycle the company targets. The Wood Products operations produce Lumber, Oriented Strand Board (OSB) and Engineered Wood Products and have clear upside cyclical leverage to the nascent recovery in the U.S. single family housing market. The Cellulose Fiber division produces fluff pulp and specialty pulps used in a wide variety of consumer end markets. Division management is focused on reducing costs and increasing manufacturing efficiency to compete in this cyclical industry.



From Third Avenue Value Fund’s Third Quarter 2014 Commentary.



Check out Martin Whitman latest stock trades

Top Ranked Articles about Weyerhaeuser Co

Third Avenue Value Fund Comments on Weyerhaeuser Co, Canfor, and Cavco Industries
For example, our investment in Weyerhaeuser, the largest held position at Third Avenue, is representative of our view of a strong US housing recovery, a view shared with and championed by our Third Avenue Real Estate team. Weyerhaeuser provides a compelling, yet not obvious, exposure to the US housing theme through its engineered wood products business, especially on the heels of the Weyerhaeuser Real Estate Company (WRECO) split off. In addition to Weyerhaeuser (WY), our holdings in Canfor (TSX:CFP) and Cavco Industries (CVCO) should benefit from a longer-term recovery in US housing. Canfor and Cavco are two well-capitalized and attractively priced companies involved in different points in the residential “value chain”. Cavco, a direct play on housing, is the second largest US producer of manufactured homes. Canfor is an integrated forest products company, focused primarily in lumber used to build houses. We started analyzing Canfor when doing our research on Weyerheauser as it is a competitor, but found its old growth log export Read more...
Marty Whitman's Third Avenue Buys 2 Forest Products Companies
Third Avenue Management (Trades, Portfolio) was founded by Marty Whitman in 1974 and now has teams of portfolio managers working on its portfolios. In its third quarter letter, managers said they were not having trouble finding good value investments in the strong markets. They wrote: Read more...
Third Avenue Value Fund Comments on Weyerhaeuser Co
The Fund initiated a position in Weyerhaeuser (WY) as the company moved to finalize the distribution of its WRECO homebuilding subsidiary in an exchange offer with Tri Pointe Homes Inc. Weyerhaeuser is a Real Estate Investment Trust with wood products and wood fiber businesses, and the second largest owner of timberlands in the U.S. It is worth noting that Weyerhaeuser was sourced with TAM’s Real Estate team and is a solid example of the ability of the Fund to pull ideas from across the entire TAM research team. The Reverse Morris Trust distribution of WRECO was structured as an exchange offer, whereby shareholders could choose to accept shares in the new Tri Pointe, or to retain their interest in Weyerhaeuser. We chose not to indicate for Tri Pointe shares, and were pleased that the exchange offer was oversubscribed so that we retained our full position in Weyerhaeuser. The net effect of the transaction from our perspective was a resource conversion event in which WRECO was traded for a large repurchase transaction, representing roughly 10% of Weyerhaeuser shares plus $700 million in cash. Read more...
» More Articles for WY

Ratios

vs
industry
vs
history
P/E(ttm) 10.10
WY's P/E(ttm) is ranked higher than
92% of the 428 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 33.10 vs. WY: 10.10 )
WY' s 10-Year P/E(ttm) Range
Min: 3.91   Max: 48.21
Current: 10.1

3.91
48.21
Forward P/E 17.70
WY's Forward P/E is ranked higher than
82% of the 428 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.00 vs. WY: 17.70 )
N/A
PE(NRI) 23.60
WY's PE(NRI) is ranked higher than
75% of the 428 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 32.80 vs. WY: 23.60 )
WY' s 10-Year PE(NRI) Range
Min: 3.9   Max: 87.33
Current: 23.6

3.9
87.33
P/B 3.30
WY's P/B is ranked lower than
51% of the 428 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 1.35 vs. WY: 3.30 )
WY' s 10-Year P/B Range
Min: 0.85   Max: 4.19
Current: 3.3

0.85
4.19
P/S 2.51
WY's P/S is ranked lower than
54% of the 428 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.88 vs. WY: 2.51 )
WY' s 10-Year P/S Range
Min: 0.45   Max: 2.68
Current: 2.51

0.45
2.68
PFCF 26.60
WY's PFCF is ranked higher than
76% of the 428 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 98.45 vs. WY: 26.60 )
WY' s 10-Year PFCF Range
Min: 8.45   Max: 236.67
Current: 26.6

8.45
236.67
POCF 16.86
WY's POCF is ranked higher than
63% of the 428 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 10.96 vs. WY: 16.86 )
WY' s 10-Year POCF Range
Min: 6.27   Max: 39.44
Current: 16.86

6.27
39.44
EV-to-EBIT 15.86
WY's EV-to-EBIT is ranked higher than
80% of the 428 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 27.52 vs. WY: 15.86 )
WY' s 10-Year EV-to-EBIT Range
Min: -448.3   Max: 71.4
Current: 15.86

-448.3
71.4
PEG 0.64
WY's PEG is ranked higher than
96% of the 428 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.00 vs. WY: 0.64 )
WY' s 10-Year PEG Range
Min: 0.84   Max: 10.81
Current: 0.64

0.84
10.81
Shiller P/E 22.40
WY's Shiller P/E is ranked higher than
86% of the 428 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 401.00 vs. WY: 22.40 )
WY' s 10-Year Shiller P/E Range
Min: 10.48   Max: 73.82
Current: 22.4

10.48
73.82
Current Ratio 3.30
WY's Current Ratio is ranked higher than
90% of the 395 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 1.52 vs. WY: 3.30 )
WY' s 10-Year Current Ratio Range
Min: 1.09   Max: 3.88
Current: 3.3

1.09
3.88
Quick Ratio 2.66
WY's Quick Ratio is ranked higher than
91% of the 395 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.95 vs. WY: 2.66 )
WY' s 10-Year Quick Ratio Range
Min: 0.63   Max: 3.41
Current: 2.66

0.63
3.41
Days Inventory 35.99
WY's Days Inventory is ranked higher than
90% of the 428 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 75.08 vs. WY: 35.99 )
WY' s 10-Year Days Inventory Range
Min: 31.63   Max: 51.1
Current: 35.99

31.63
51.1
Days Sales Outstanding 25.05
WY's Days Sales Outstanding is ranked higher than
90% of the 428 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 57.93 vs. WY: 25.05 )
WY' s 10-Year Days Sales Outstanding Range
Min: 25.88   Max: 75.93
Current: 25.05

25.88
75.93

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.29
WY's Dividend Yield is ranked higher than
73% of the 248 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 2.38 vs. WY: 3.29 )
WY' s 10-Year Dividend Yield Range
Min: 0.42   Max: 10.58
Current: 3.29

0.42
10.58
Dividend Payout 0.73
WY's Dividend Payout is ranked higher than
74% of the 428 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.00 vs. WY: 0.73 )
WY' s 10-Year Dividend Payout Range
Min: 0.03   Max: 1.47
Current: 0.73

0.03
1.47
Dividend growth (3y) 19.30
WY's Dividend growth (3y) is ranked higher than
87% of the 180 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 2.90 vs. WY: 19.30 )
WY' s 10-Year Dividend growth (3y) Range
Min: -46.4   Max: 80.8
Current: 19.3

-46.4
80.8
Yield on cost (5-Year) 21.08
WY's Yield on cost (5-Year) is ranked higher than
98% of the 251 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 2.61 vs. WY: 21.08 )
WY' s 10-Year Yield on cost (5-Year) Range
Min: 2.68   Max: 67.58
Current: 21.08

2.68
67.58
Share Buyback Rate -1.30
WY's Share Buyback Rate is ranked higher than
73% of the 258 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: -1.30 vs. WY: -1.30 )
WY' s 10-Year Share Buyback Rate Range
Min: 18.5   Max: -21.2
Current: -1.3

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 3.30
WY's Price/Tangible Book is ranked higher than
53% of the 428 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 1.60 vs. WY: 3.30 )
WY' s 10-Year Price/Tangible Book Range
Min: 1.36   Max: 3.74
Current: 3.3

1.36
3.74
Price/DCF (Projected) 2.40
WY's Price/DCF (Projected) is ranked higher than
75% of the 428 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 4.25 vs. WY: 2.40 )
WY' s 10-Year Price/DCF (Projected) Range
Min: 0.86   Max: 31.61
Current: 2.4

0.86
31.61
Price/Median PS Value 1.90
WY's Price/Median PS Value is ranked higher than
55% of the 428 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 1.40 vs. WY: 1.90 )
WY' s 10-Year Price/Median PS Value Range
Min: 0.46   Max: 2.05
Current: 1.9

0.46
2.05
Price/Peter Lynch Fair Value 2.00
WY's Price/Peter Lynch Fair Value is ranked higher than
92% of the 428 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.00 vs. WY: 2.00 )
WY' s 10-Year Price/Peter Lynch Fair Value Range
Min: 1.04   Max: 6.09
Current: 2

1.04
6.09
Price/Graham Number 1.80
WY's Price/Graham Number is ranked higher than
70% of the 428 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 2.33 vs. WY: 1.80 )
WY' s 10-Year Price/Graham Number Range
Min: 0.89   Max: 5.94
Current: 1.8

0.89
5.94
Earnings Yield (Greenblatt) 6.30
WY's Earnings Yield (Greenblatt) is ranked higher than
78% of the 396 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 4.10 vs. WY: 6.30 )
WY' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.4   Max: 11.3
Current: 6.3

1.4
11.3
Forward Rate of Return (Yacktman) 14.41
WY's Forward Rate of Return (Yacktman) is ranked higher than
87% of the 238 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 1.14 vs. WY: 14.41 )
WY' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -19.2   Max: 24.6
Current: 14.41

-19.2
24.6

Business Description

Industry: Forest Products » Lumber & Wood Production
Compare:PCL, RYN, WFTBF, LPX, CFPZF » details
Traded in other countries:WHC.Germany,
Weyerhaeuser Co started out as Weyerhaeuser Timber Company, incorporated in the state of Washington in January 1900. It is a real estate investment trust. It is a private owner of timberlands. The Company owns or controls nearly seven million acres of timberlands, primarily in the U.S., and manage another 14 million acres under long-term licenses in Canada. It manages these timberlands on a sustainable basis in compliance with internationally recognized forestry standards. It is also one of the manufacturers of wood and specialty cellulose fibers products, and develop real estate, primarily as a builder of single-family homes. Its segments include Timberlands, Wood Products, Cellulose Fibers and Real Estate. The Company grows and harvests trees, manufactures and sells products made from them, build and sell homes and develop land. Its Timberlands segment grows and harvests trees for use as lumber, other wood and building products and pulp and paper, exports logs to other countries where they are made into products, plants seedlings to reforest harvested areas using the most effective regeneration method for the site and species, monitors and cares for the new trees as they grow to maturity, and seeks to sustain and maximize the timber supply from its forestlands while keeping the health of its environment a key priority. Its Wood Products segment provides a family of high-quality softwood lumber, engineered lumber, structural panels and other specialty products to the residential, multi-family and light commercial markets, sells its products and services primarily through its own sales organizations and distribution facilities as well as building materials that it purchases from other manufacturers, sells certain products into the repair and remodel market through the wood preserving and home-improvement warehouse channels, and exports its softwood lumber, oriented strand board (OSB) and engineered building materials to Asia. Its Cellulose Fibers segment provides cellulose fibers for absorbent products in markets around the world, works closely with its customers to develop unique or specialized applications, manufactures liquid packaging board used primarily for the production of containers for liquid products, and is largely energy self sufficient, with 83 percent of its energy derived from black liquor produced at the mills and biomass. Its Real Estate business segment is engaged in constructing single-family housing and developing residential lots for its use and for sale. The Company's products face competition from substitutes for wood and wood-fiber products. In real estate development, its competitors include numerous regional and national firms. In the United States, regulations established by federal, state and local governments or agencies to protect water quality and wetlands could affect future harvests and forest management practices on some of its timberlands.
» More Articles for WY

Headlines

Articles On GuruFocus.com
Third Avenue Value Fund Comments on Weyerhaeuser Co, Canfor, and Cavco Industries Dec 12 2014 
Third Avenue Value Fund Q4 Portfolio Manager Commentary Dec 12 2014 
Marty Whitman's Third Avenue Buys 2 Forest Products Companies Sep 19 2014 
Third Avenue Real Estate Value Fund Second Quarter 2014 Sep 15 2014 
Third Avenue Value Fund Comments on Weyerhaeuser Co Sep 12 2014 
Third Avenue Value Fund Third Quarter 2014 Commentary Sep 11 2014 
GuruFocus Names Four Dividend Growers Apr 14 2014 
Pimco's Mark Kiesel Names Choice Housing-Related Stocks Dec 18 2013 
Housing Market's Unclear Improvement Really Affects Wood Makers Oct 07 2013 
6 Stocks Meeting the Goal of Higher Dividends Aug 19 2013 

More From Other Websites
Work underway on Weyerhaeuser's glassy new Seattle headquarters Mar 12 2015
Simons, Bedient to Represent Weyerhaeuser at Upcoming Investor Conferences Feb 20 2015
WEYERHAEUSER CO Financials Feb 20 2015
Weyerhaeuser Gains on Housing Market Revival, Runs Risks - Analyst Blog Feb 17 2015
10-K for Weyerhaeuser Co. Feb 15 2015
Weyerhaeuser Company Declares Dividend on Common Shares Feb 13 2015
Weyerhaeuser Company Declares Dividend on Common Shares Feb 13 2015
Weyerhaeuser Company (WY): New Analyst Report from Zacks Equity Research - Zacks Equity Research... Feb 11 2015
How a West Coast port closure would hurt the economy Feb 06 2015
Company News for February 02, 2015 - Corporate Summary Feb 02 2015
Weyerhaeuser Announces Election of David Bozeman to Board of Directors Jan 30 2015
WEYERHAEUSER CO Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD... Jan 30 2015
Weyerhaeuser Announces Election of David Bozeman to Board of Directors Jan 30 2015
Weyerhaeuser (WY) Earnings Report: Q4 2014 Conference Call Transcript Jan 30 2015
Weyerhaeuser Q4 Earnings and Revenues Miss Estimates - Analyst Blog Jan 30 2015
Q4 2014 Weyerhaeuser Co Earnings Release - Before Market Open Jan 30 2015
Weyerhaeuser misses Street 4Q forecasts Jan 30 2015
Weyerhaeuser misses Street 4Q forecasts Jan 30 2015
Weyerhaeuser (WY) Q4 Earnings and Revenues Lag Estimates - Tale of the Tape Jan 30 2015
Weyerhaeuser Reports Fourth Quarter, Full Year Results Jan 30 2015

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK