Woodmont Investment Counsel Cut Its Weyerhaeuser Co (WY) Holding, Sibanye Gold Limited (SBGL) Shorts Up By 215.23%

By Dolores Ford

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 $25.76 billion valuation. The stock rose 0.54% or $0.18 reaching $33.69. About 393,469 shares traded. Weyerhaeuser Co (NYSE:WY) has risen 8.94% since June 2, 2016 and is uptrending. It has underperformed by 7.76% the S&P500.

Sibanye Gold Limited (NYSE:SBGL) had an increase of 215.23% in short interest. SBGL’s SI was 15.93M shares in June as released by FINRA. Its up 215.23% from 5.05M shares previously. With 4.40M avg volume, 4 days are for Sibanye Gold Limited (NYSE:SBGL)’s short sellers to cover SBGL’s short positions. The SI to Sibanye Gold Limited’s float is 8.55%. About 2.28M shares traded. Sibanye Gold Ltd (ADR) (NYSE:SBGL) has declined 32.66% since June 2, 2016 and is downtrending. It has underperformed by 49.36% the S&P500.

Investors sentiment decreased to 1.08 in Q4 2016. 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. Ubs Oconnor Llc reported 227,903 shares stake. Private Ocean Llc invested 0.04% of its portfolio in Weyerhaeuser Co (NYSE:WY). New Mexico Educational Retirement Board holds 80,069 shares or 0.11% of its portfolio. Brown Brothers Harriman & holds 0% in Weyerhaeuser Co (NYSE:WY) or 2,850 shares. Trust Company Of Toledo Na Oh invested in 0.52% or 62,194 shares. Amf Pensionsforsakring Ab holds 717,497 shares. Stratos Wealth Prtn Ltd has 10,257 shares for 0.02% of their portfolio. Neville Rodie And Shaw owns 138,218 shares. Madison Invest Holdings holds 0.11% of its portfolio in Weyerhaeuser Co (NYSE:WY) for 184,240 shares. Adams Asset Advisors Lc reported 1.13% of its portfolio in Weyerhaeuser Co (NYSE:WY). Segall Bryant Hamill Ltd Liability Corp holds 113,323 shares or 0.09% of its portfolio. Fjarde Ap, a Alabama-based fund reported 133,342 shares. Aviva Public Limited Com reported 489,685 shares. Franklin Resources reported 126,741 shares. Montag A Assoc stated it has 0.36% of its portfolio in Weyerhaeuser Co (NYSE:WY).

Analysts await Weyerhaeuser Co (NYSE:WY) to report earnings on August, 4. They expect $0.27 EPS, up 58.82% or $0.10 from last year’s $0.17 per share. WY’s profit will be $206.45M for 31.19 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.

Woodmont Investment Counsel Llc increased Pinnacle Finl Partners Inc (NASDAQ:PNFP) stake by 19,636 shares to 20,706 valued at $1.44 million in 2016Q4. It also upped Twitter Inc (NYSE:TWTR) stake by 40,000 shares and now owns 41,800 shares. Alphabet Inc was raised too.

Among 13 analysts covering Weyerhaeuser Company (NYSE:WY), 9 have Buy rating, 1 Sell and 3 Hold. Therefore 69% are positive. Weyerhaeuser Company had 22 analyst reports since September 11, 2015 according to SRatingsIntel. The firm has “Outperform” rating by CLSA given on Friday, November 13. On Friday, November 13 the stock rating was upgraded by Credit Agricole to “Outperform”. Dundee Securities upgraded the stock to “Buy” rating in Tuesday, January 19 report. The stock of Weyerhaeuser Co (NYSE:WY) has “Outperform” rating given on Tuesday, November 17 by RBC Capital Markets. As per Monday, May 9, the company rating was downgraded by DA Davidson. On Friday, August 12 the stock rating was downgraded by Dundee Securities to “Neutral”. BMO Capital Markets maintained Weyerhaeuser Co (NYSE:WY) on Thursday, April 13 with “Buy” rating. The firm earned “Strong Buy” rating on Monday, January 9 by Raymond James. The firm earned “Buy” rating on Wednesday, June 29 by DA Davidson. The firm has “Buy” rating by Goldman Sachs given on Thursday, September 22.

Since February 2, 2017, it had 0 insider purchases, and 9 sales for $8.59 million activity. 5,150 shares valued at $175,100 were sold by Merle Denise M on Tuesday, February 21. $67,846 worth of Weyerhaeuser Co (NYSE:WY) shares were sold by Hunter Rhonda D. Another trade for 36,934 shares valued at $1.25 million was made by HILLMAN JEANNE M on Monday, February 13. The insider HOLLEY RICK R sold $6.33 million.

Sibanye Gold Limited is a South Africa mining company. The company has market cap of $2.39 billion. The Firm owns and operates gold and uranium operations, and projects throughout the Witwatersrand Basin. It has a 3.9 P/E ratio. The Company’s divisions include Driefontein, Kloof, Beatrix, Cooke and Corporate.

NORMAN OBSERVER - USA 02 junio 2017