罗纳德·布鲁信托公司增加了 Rayonier Inc.(纽约证券交易所代码:RYN)的股份

罗纳德·布鲁信托公司增加了 Rayonier Inc.(纽约证券交易所代码:RYN)的股份
2023年04月03日 16:32 富途牛牛综合

Ronald Blue Trust Inc. boosted its holdings in Rayonier Inc. (NYSE:RYN – Get Rating) by 50.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 938 shares of the real estate investment trust's stock after acquiring an additional 314 shares during the quarter. Ronald Blue Trust Inc.'s holdings in Rayonier were worth $28,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Cipher Capital LP increased its position in Rayonier by 90.0% in the third quarter. Cipher Capital LP now owns 60,930 shares of the real estate investment trust's stock worth $1,826,000 after buying an additional 28,854 shares in the last quarter. Point72 Asset Management L.P. boosted its holdings in shares of Rayonier by 3.1% during the 3rd quarter. Point72 Asset Management L.P. now owns 343,400 shares of the real estate investment trust's stock valued at $10,292,000 after purchasing an additional 10,400 shares during the last quarter. Keybank National Association OH boosted its position in shares of Rayonier by 1.8% during the 3rd quarter. Keybank National Association OH now owns 17,237 shares of the real estate investment trust's stock valued at $517,000 after acquiring an additional 307 shares during the last quarter. Financial Management Professionals Inc. grew its holdings in shares of Rayonier by 10.8% in the third quarter. Financial Management Professionals Inc. now owns 5,058 shares of the real estate investment trust's stock valued at $152,000 after purchasing an additional 492 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in Rayonier in the third quarter worth about $207,000. Hedge funds and other institutional investors own 82.87% of the company's stock.

Get

Rayonier

alerts:

Insider Buying and Selling

In related news, CEO David L. Nunes sold 20,000 shares of the stock in a transaction that occurred on Monday, January 30th. The shares were sold at an average price of $35.42, for a total value of $708,400.00. Following the transaction, the chief executive officer now owns 316,921 shares in the company, valued at approximately $11,225,341.82. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.62% of the company's stock.

Rayonier Trading Up 1.8 %

Shares of NYSE RYN opened at $33.26 on Monday. The company has a quick ratio of 1.87, a current ratio of 2.12 and a debt-to-equity ratio of 0.81. The firm has a market cap of $4.90 billion, a PE ratio of 46.20 and a beta of 0.95. The business has a fifty day simple moving average of $33.96 and a two-hundred day simple moving average of $33.74. Rayonier Inc. has a twelve month low of $29.51 and a twelve month high of $45.87.

Rayonier (NYSE:RYN – Get Rating) last released its quarterly earnings results on Wednesday, February 1st. The real estate investment trust reported $0.11 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.01). The firm had revenue of $245.40 million for the quarter, compared to analysts' expectations of $207.68 million. Rayonier had a net margin of 11.78% and a return on equity of 4.95%. The business's quarterly revenue was down 6.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.01 earnings per share. Analysts expect that Rayonier Inc. will post 0.44 earnings per share for the current fiscal year.

Rayonier Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 31st. Stockholders of record on Friday, March 17th were paid a dividend of $0.285 per share. The ex-dividend date was Thursday, March 16th. This represents a $1.14 annualized dividend and a dividend yield of 3.43%. Rayonier's payout ratio is currently 158.34%.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Rayonier in a research report on Thursday, March 16th. They issued a "sell" rating on the stock.

Rayonier Profile

(Get Rating)

Rayonier, Inc is a real estate investment trust, which engages in investment in timberlands. It operates through the following business segments: Southern Timber, Pacific Northwest Timber, New Zealand Timber, Real Estate, Timber Funds and Trading. The Southern Timber, Pacific Northwest Timber and New Zealand Timber segments reflect all activities related to the harvesting of timber and other value-added activities, such as recreational licenses, within each respective geography.

Read More

  • Get a free copy of the StockNews.com research report on Rayonier (RYN)
  • MarketBeat Week in Review – 3/27 – 3/31
  • What is a Gold IRA, and is it a Viable Investment?
  • Is Braze Inc Ready To Rocket Higher?
  • Mullen Automotive Makes Deliveries; Short-Squeeze Possible
  • Can Frontline Maintain This Momentum?

Want to see what other hedge funds are holding RYN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rayonier Inc. (NYSE:RYN – Get Rating).

Receive News & Ratings for Rayonier Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rayonier and related companies with MarketBeat.com's FREE daily email newsletter.

海量资讯、精准解读,尽在新浪财经APP

VIP课程推荐

加载中...

APP专享直播

1/10

热门推荐

收起
新浪财经公众号
新浪财经公众号

24小时滚动播报最新的财经资讯和视频,更多粉丝福利扫描二维码关注(sinafinance)

7X24小时

  • 04-06 索辰科技 688507 --
  • 04-06 森泰股份 301429 --
  • 04-06 恒尚节能 603137 --
  • 04-04 华曙高科 688433 26.66
  • 04-04 旺成科技 830896 5.53
  • 产品入口: 新浪财经APP-股票-免费问股
    新浪首页 语音播报 相关新闻 返回顶部