Marshall Wace LL buys shares of 14,414 Rayonier Inc. (NYSE: Ryn)

Marshall Wace LL received a brand new place in Rayonier Inc. (NYSE: RYN – Free Report) Throughout the 4th quarter, in keeping with the corporate in its newest presentation of the 13F kind within the insurance coverage and exchanges. The Fund gained 14,414 shares of actual property funding Belief, value roughly $ 376,000.

Various different institutional traders and protecting funds have additionally bought and bought shares. Wilmington FSB Financial savings Firm purchased a brand new share in Rayonier’s shares within the third quarter value about $ 351,000. Gamma Investing LLC elevated its Rayonier possessions by 41.8% within the fourth quarter. Gamma Investing LLC now owns 1,733 shares of Belief’s actual property funding inventory value $ 45,000 after incomes 511 further shares during the last quarter. Funding administration Nordea AB elevated its Rayonier place by 6.6% in the course of the 4th quarter. Funding administration Nordea AB now owns 195,369 inventory shares of actual property funding Belief value $ 5,087,000 after buying further 12,028 shares throughout this era. Harbor Capital Advisors Inc. raised its properties in Rayonier by 36.8% in the course of the 4th quarter. Harbor Capital Advisors Inc. It now owns 3,186 shares of actual property funding Belief value $ 83,000 after shopping for 857 further shares during the last quarter. Lastly, Oak Thistle LLC received a brand new place in Rayonier’s shares within the 4th quarter value roughly $ 467,000. 89.12% of the shares are at present owned by institutional traders and protecting funds.

Adjustments of Analyst estimates

Ryn has been the topic of some current analyst reviews. Royal Financial institution of Canada lowered their value goal in Rayonier’s shares from $ 28.00 to $ 27.00 and set a “sector performer” score for the corporate in a examine report on Friday. Citigroup lowered their Rayonier value goal from $ 32.00 to $ 25.00 and set a “impartial” score for the corporate in a examine report Wednesday, January 15. Monetary Truist decreased their goal value in Rayonier from $ 30.00 to $ 27.00 and set a “saved” score in shares in a analysis report on Tuesday, April 22. Raymond James raised Rayonier from a “market efficiency” score in a “higher” score and set a goal value $ 31.00 for the corporate in a analysis observe on Wednesday, March 12. Lastly, Stocknews.com raised Rayonier from a “holder” score to a “Purchase” score on a analysis observe on Monday, February twenty fourth. Three funding analysts have evaluated shares with a detention evaluation and two issued a purchase order evaluation for the corporate. Primarily based on Marketbeat knowledge, Rayonier at present has a mean estimation of “HOLD” and a $ 27.50 consensus value goal.

Learn our newest analysis report on Rayonier

Rayonier inventory efficiency

Rayonier inventory shares opened at $ 23.66 on Friday. Enterprise has a easy 50-day motion common of $ 26.11 and a easy driving common of $ 2 $ 27.56. Rayonier Inc. It has a low yr of $ 22.80 and a $ 31.29 excessive yr. The corporate has a debt ratio to capital 0.61, a present ratio of 1.12 and a fast ratio of 1.85. The agency has a market capitalization of $ 3.69 billion, a price-price of 10.03 and a beta of 0.97.

Rayonier (NYSE: Ryn – Get Report FREE) launched for the final time quarter income on Wednesday, April 30. The true property funding Belief reported ($ 0.02) EPS for the quarter, dropping a consensus score of $ 0.08 with ($ 0.10). Rayonier had a web margin of 28.44% and a return of capital of three.86%. The agency had a income of $ 82.90 million for the quarter, in comparison with a consensus estimate of $ 152.99 million. Throughout the identical quarter up to now yr, the agency received $ 0.01 EPS. The corporate’s income dropped 27.1% in comparison with the identical quarter of final yr. On common, analysis analysts predict Rayonier Inc. will put up 0.55 income per share for the present fiscal yr.

Rayonier cuts the dividend

The agency additionally not too long ago found a quarterly dividend, which was paid Monday, March 31. The recorders of the file on Monday, March 17, was given a dividend of $ 0.2725 per share. The previous Date of this dividend was Monday, March 17. This represents an annual dividend of $ 1.09 and a yield of 4.61%. Rayonier’s fee ratio is 46.19%.

Rayonier’s profile

(Free report)

Rayonier is a significant perception in Timberland actual property funding with property positioned in among the most efficient rising smooth wooden areas in the US and New Zealand. On December 31, 2023, Rayonier owned or rented in lengthy -term agreements roughly 2.7 million hectares of timberlands positioned within the US

Advisable

Need to see which different protecting funds are carrying Ryn? Go to HoldingsChannel.com to get the most recent 13F recordings and inside commerce for Rayonier Inc. (NYSE: Ryn – Free Report).

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