Rayonier

BlackRock Inc. increased its holdings in Rayonier by 0.7% during the 1st quarter.

This planned Oregon asset divestment deal serves as an indication of the significance of Rayonier's $1 billion asset monetization goal.

Welcome to Rayonier’s investor teleconference covering first quarter earnings.

Central Securities Corp grew its position in shares of Rayonier by 42.9% in the 1st quarter.

Rayonier Advanced Materials had a negative return on equity of 3.96% and a negative net margin of 4.82%.

Analysts forecast that Rayonier will post 0.39 earnings per share for the current fiscal year.

Finally, Citigroup raised shares of Rayonier from a “neutral” rating to a “buy” rating and dropped their price target for the stock from $33.00 to $29.00 in a research note on Friday.

Zacks Investment Research raised shares of Rayonier Advanced Materials from a “hold” rating to a “buy” rating and set a $2.00 price target on the stock in a research report on Tuesday, May 19th.

Rayonier Advanced Materials had a return on equity of 1.70% and a net margin of 0.69%.

Rayonier Advanced Materials’s revenue was down 10.0% compared to the same quarter last year.

Sidoti lowered Rayonier Advanced Materials from a “buy” rating to a “neutral” rating in a research note on Thursday, August 8th.

BMO Capital Markets cut Rayonier from a “market perform” rating to an “underperform” rating in a report on Wednesday, July 18th.

Rayonier accounts for 2.1% of Timber Creek Capital Management LLC’s portfolio, making the stock its 18th biggest holding.

Rayonier’s dividend payout ratio is currently 166.15%.

Timber Creek Capital Management LLC reduced its holdings in shares of Rayonier Inc. (NYSE:RYN) by 2.1% in the second quarter, reports.