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116,636 Shares in Weyerhaeuser Company $WY Bought by Magnetar Financial LLC
Magnetar Financial LLC recently acquired 116,636 shares of Weyerhaeuser Company (NYSE:WY) for approximately $2.89 million in the third quarter. This purchase aligns with other institutional investors increasing their stakes in the real estate investment trust. Additionally, corporate insiders have also bought shares, and analysts currently rate the stock as a “Hold” with an average target price of $28.88.