Mosaic Financial Partners Inc. cut its position in shares of Rayonier Inc. (NYSE:RYN) for 312 shares. (NYSE:RYN) or 490,268 shares. Envestnet Asset Management Inc. raised its position in Rayonier by 140.4% in the fourth quarter. Sei Investments Co. now owns 3,859 shares of the real estate investment trust's stock worth $103,000 after buying an additional 1,568 shares during the period.
State Of Alaska Department Of Revenue owns 48,235 shares. IFP Advisors Inc now owns 3,881 shares of the real estate investment trust's stock worth $110,000 after buying an additional 67 shares in the last quarter. (NYSE:RYN). Commonwealth Of Pennsylvania Pub School Empls Retrmt invested 0.01% in Rayonier Inc.
ILLEGAL ACTIVITY WARNING: "Rayonier Inc". Washington Trust Bank boosted its position in Rayonier by 2,490.8% in the first quarter. Washington Trust Bank now owns 7,021 shares of the real estate investment trust's stock worth $199,000 after buying an additional 6,750 shares in the last quarter. Finally, Franklin Street Advisors Inc. The research firm, a unit of Accern, identifies positive and negative media coverage by monitoring more than 20 million news and blog sources.
Shares of Rayonier Inc. 551728 shares were traded on Rayonier Inc.'s last session. 257,271 shares of the company's stock traded hands. The company has market cap of $74.22 million. Rayonier Inc. has a 52-week low of 24.47 and a 52-week high of 29.86.
The stock's 50 day moving average is 28.11 and its 200 day moving average is 28.00. (NYSE:RYN) shareholders before Jun 14, 2017 will receive the $0.25 dividend. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.10 by $0.05. Rayonier had a net margin of 27.54% and a return on equity of 4.10%. During the same period in the prior year, the company posted $0.11 EPS. Rayonier's quarterly revenue was up 38.4% on a year-over-year basis. Northwestern Mutual Wealth Management Co. owned 0.15% of Rayonier worth $5,176,000 as of its most recent filing with the SEC.
The company also recently declared a quarterly dividend, which will be paid on Friday, June 30th. This dividend's record date is Jun 16, 2017 and the announcement date is May 22, 2017. This represents a $1.00 dividend on an annualized basis and a yield of 3.47%. The ex-dividend date of this dividend is Wednesday, June 14th. Bahl & Gaynor Inc reported 0% stake. If you are accessing this piece on another publication, it was illegally copied and republished in violation of United States & global copyright and trademark law. The legal version of this article can be read at https://www.chaffeybreeze.com/2017/06/13/mosaic-financial-partners-inc-cuts-stake-in-rayonier-inc-ryn-updated-updated-updated.html.
RYN has been the subject of a number of research analyst reports. (NYSE:RYN). Winslow Evans & Crocker reported 0% of its portfolio in Rayonier Inc. Zacks Investment Research raised Rayonier from a "hold" rating to a "buy" rating and set a $32.00 price target on the stock in a research report on Monday, April 17th. Vertical Research cut shares of Rayonier from a "buy" rating to a "hold" rating in a report on Wednesday, February 15th. The firm earned "Neutral" rating on Wednesday, September 7 by Buckingham Research. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Fool.com's article titled: "Why Rayonier Advanced Materials Inc's Shares Popped 12% Today" and published on May 25, 2017 is yet another important article.
In related news, Director Andrew G. Wiltshire acquired 6,650 shares of the firm's stock in a transaction on Wednesday, May 10th. The average twelve-month price target among brokers that have issued a report on the stock in the previous year is $29.00. Following the completion of the purchase, the director now directly owns 26,006 shares in the company, valued at $724,787.22. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The Company operates through five segments: Southern Timber, Pacific Northwest Timber, New Zealand Timber, Real Estate and Trading.