Woodmont Investment Counsel Has Decreased Weyerhaeuser Co (WY) Stake, Simpson Manufacturing Company (SSD) Sellers Decreased By 7.28% Their Shorts

July 17, 2017 - By Migdalia James

Woodmont Investment Counsel Llc decreased Weyerhaeuser Co (WY) stake by 8.98% reported in 2016Q4 SEC filing. Woodmont Investment Counsel Llc sold 27,984 shares as Weyerhaeuser Co (WY)’s stock declined 1.49%. The Woodmont Investment Counsel Llc holds 283,578 shares with $8.53M value, down from 311,562 last quarter. Weyerhaeuser Co now has $25.45B valuation. The stock rose 0.78% or $0.26 reaching $33.41. About 1.10 million shares traded. Weyerhaeuser Co (NYSE:WY) has risen 8.94% since July 17, 2016 and is uptrending. It has underperformed by 7.76% the S&P500.

Simpson Manufacturing Company Incorporated (NYSE:SSD) had a decrease of 7.28% in short interest. SSD’s SI was 1.46M shares in July as released by FINRA. Its down 7.28% from 1.58M shares previously. With 209,700 avg volume, 7 days are for Simpson Manufacturing Company Incorporated (NYSE:SSD)’s short sellers to cover SSD’s short positions. The SI to Simpson Manufacturing Company Incorporated’s float is 3.46%. About 68,221 shares traded. Simpson Manufacturing Co, Inc. (NYSE:SSD) has risen 9.03% since July 17, 2016 and is uptrending. It has underperformed by 7.67% the S&P500.

Analysts await Weyerhaeuser Co (NYSE:WY) to report earnings on July, 28 before the open. They expect $0.27 EPS, up 58.82% or $0.10 from last year’s $0.17 per share. WY’s profit will be $205.67M for 30.94 P/E if the $0.27 EPS becomes a reality. After $0.22 actual EPS reported by Weyerhaeuser Co for the previous quarter, Wall Street now forecasts 22.73% EPS growth.

Among 13 analysts covering Weyerhaeuser Company (NYSE:WY), 8 have Buy rating, 1 Sell and 4 Hold. Therefore 62% are positive. Weyerhaeuser Company had 24 analyst reports since September 11, 2015 according to SRatingsIntel. The firm has “Buy” rating by BMO Capital Markets given on Thursday, April 13. The rating was maintained by Citigroup on Friday, March 11 with “Buy”. The firm has “Buy” rating by Argus Research given on Tuesday, March 15. The stock of Weyerhaeuser Co (NYSE:WY) has “Outperform” rating given on Friday, November 13 by CLSA. As per Tuesday, November 17, the company rating was maintained by RBC Capital Markets. Dundee Securities upgraded the stock to “Buy” rating in Tuesday, January 19 report. The stock of Weyerhaeuser Co (NYSE:WY) has “Neutral” rating given on Monday, May 9 by DA Davidson. The firm earned “Hold” rating on Tuesday, May 3 by Vertical Research. The rating was upgraded by Credit Agricole on Friday, November 13 to “Outperform”. The stock has “Buy” rating by DA Davidson on Wednesday, June 29.

Since February 2, 2017, it had 0 buys, and 9 selling transactions for $8.59 million activity. $57,433 worth of Weyerhaeuser Co (NYSE:WY) was sold by Merle Denise M on Monday, February 13. Hunter Rhonda D had sold 2,190 shares worth $67,846 on Thursday, February 2. 180,556 shares were sold by HOLLEY RICK R, worth $6.33M on Monday, April 10. 36,934 shares were sold by HILLMAN JEANNE M, worth $1.25M.

Investors sentiment decreased to 1.08 in 2016 Q4. Its down 0.04, from 1.12 in 2016Q3. It dropped, as 56 investors sold WY shares while 276 reduced holdings. 77 funds opened positions while 280 raised stakes. 548.60 million shares or 2.03% less from 559.95 million shares in 2016Q3 were reported. Kistler invested 0.07% of its portfolio in Weyerhaeuser Co (NYSE:WY). Denver Invest Advsr Limited Liability Co holds 0.07% or 52,407 shares. The Virginia-based Old Point & Financial Services N A has invested 1% in Weyerhaeuser Co (NYSE:WY). Alpine Woods Ltd Limited Liability Company holds 0.02% in Weyerhaeuser Co (NYSE:WY) or 13,200 shares. Minnesota-based Advantus Capital has invested 0.06% in Weyerhaeuser Co (NYSE:WY). Grisanti Capital Management Ltd Llc holds 0.56% of its portfolio in Weyerhaeuser Co (NYSE:WY) for 41,565 shares. Lpl Limited Com holds 231,095 shares or 0.05% of its portfolio. 56,484 were reported by Pennsylvania Tru Co. Gotham Asset Mngmt Ltd Com stated it has 0.01% in Weyerhaeuser Co (NYSE:WY). Whittier Tru Of Nevada reported 11,060 shares. Greystone Invest Mgmt Lc reported 2.34% of its portfolio in Weyerhaeuser Co (NYSE:WY). 108,687 were accumulated by Mutual Of America Mngmt Llc. Arizona-based Ironwood Invest Counsel Limited Com has invested 0.11% in Weyerhaeuser Co (NYSE:WY). Finemark Bank And Tru holds 14,872 shares or 0.04% of its portfolio. Bp Public Limited Liability reported 211,000 shares.

Woodmont Investment Counsel Llc increased Select Sector Spdr Tr (XLV) stake by 28,425 shares to 28,825 valued at $1.99M in 2016Q4. It also upped Johnson & Johnson (NYSE:JNJ) stake by 3,844 shares and now owns 43,802 shares. Powershares Qqq Trust (QQQ) was raised too.

Since June 16, 2017, it had 0 insider buys, and 2 sales for $4.39 million activity. SIMPSON PSB FUND had sold 33,581 shares worth $1.46 million on Friday, June 16. SIMPSON SHARON H had sold 67,163 shares worth $2.93 million.

Simpson Manufacturing Co., Inc., through its subsidiary, Simpson Strong-Tie Company Inc. , designs, engineers and makes wood construction products, including connectors, truss plates, fastening systems, fasteners and pre-fabricated lateral systems used in light-frame construction. The company has market cap of $2.08 billion. The Company’s divisions are North America, Europe, Asia/Pacific, and Administrative & All Other. It has a 21.82 P/E ratio. The North America segment includes activities primarily in the United States and Canada.

Investors sentiment increased to 1.82 in Q4 2016. Its up 0.82, from 1 in 2016Q3. It is positive, as 4 investors sold Simpson Manufacturing Co, Inc. shares while 51 reduced holdings. 37 funds opened positions while 63 raised stakes. 37.97 million shares or 1.16% less from 38.42 million shares in 2016Q3 were reported. Qs Invsts Limited Liability stated it has 0% in Simpson Manufacturing Co, Inc. (NYSE:SSD). Moreover, Jpmorgan Chase And Company has 0% invested in Simpson Manufacturing Co, Inc. (NYSE:SSD). Texas Permanent School Fund owns 29,476 shares or 0.02% of their US portfolio. Pinebridge Invests Lp invested in 0.01% or 5,229 shares. 500 are held by Davidson Investment Advisors. Kbc Nv, a Belgium-based fund reported 23,308 shares. Blackrock Invest Mgmt Limited Liability Com has invested 0.01% of its portfolio in Simpson Manufacturing Co, Inc. (NYSE:SSD). Tiaa Cref Inv Management Llc holds 118,273 shares. Crow Point Limited Co, Massachusetts-based fund reported 544 shares. Northwest Invest Counselors Llc invested in 8,571 shares or 0.19% of the stock. The Ontario – Canada-based Royal State Bank Of Canada has invested 0.01% in Simpson Manufacturing Co, Inc. (NYSE:SSD). Goldman Sachs Group Inc owns 91,158 shares or 0% of their US portfolio. Century Mngmt Limited Liability Company accumulated 73,346 shares. 1,601 were reported by Ls Advisors. First Manhattan has 600 shares.

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