As Rayonier INC (RYN) Stock Price Rose, Shareholder Fuller & Thaler Asset Management INC Has Trimmed by $6.99 Million Its Holding

May 17, 2018 - By James Guidry

Rayonier Inc. (NYSE:RYN) LogoInvestors sentiment decreased to 1.22 in Q4 2017. Its down 0.08, from 1.3 in 2017Q3. It worsened, as 25 investors sold RYN shares while 68 reduced holdings. 37 funds opened positions while 76 raised stakes. 105.35 million shares or 0.29% less from 105.65 million shares in 2017Q3 were reported. Driehaus Capital Limited Co reported 11,619 shares or 0.01% of all its holdings. Voya Invest Management Limited Liability, Georgia-based fund reported 34,661 shares. Clearbridge Invs Limited Liability Corporation, a New York-based fund reported 312 shares. Washington Savings Bank owns 11 shares for 0% of their portfolio. Deutsche National Bank & Trust Ag owns 211,711 shares for 0% of their portfolio. 24 are held by Assetmark. Grace & White New York, New York-based fund reported 133,026 shares. 63,520 were reported by Mason Street Advisors Lc. Ontario Teachers Pension Plan Board reported 84,900 shares. Paloma Partners Mngmt owns 404,606 shares. American Grp Incorporated owns 266,763 shares. Contravisory Mgmt reported 1.57% in Rayonier Inc. (NYSE:RYN). Hamilton Point Investment Ltd Liability Co reported 0.17% in Rayonier Inc. (NYSE:RYN). Grisanti Capital Mgmt Ltd reported 900 shares stake. Advsrs Asset, a Colorado-based fund reported 8,480 shares.

Fuller & Thaler Asset Management Inc decreased its stake in Rayonier Inc (RYN) by 4.77% based on its latest 2017Q4 regulatory filing with the SEC. Fuller & Thaler Asset Management Inc sold 225,326 shares as the company’s stock rose 13.03% while stock markets declined. The institutional investor held 4.50M shares of the real estate investment trusts company at the end of 2017Q4, valued at $142.41M, down from 4.73M at the end of the previous reported quarter. Fuller & Thaler Asset Management Inc who had been investing in Rayonier Inc for a number of months, seems to be less bullish one the $4.83B market cap company. The stock increased 0.24% or $0.09 during the last trading session, reaching $37.45. About 435,348 shares traded. Rayonier Inc. (NYSE:RYN) has risen 25.96% since May 17, 2017 and is uptrending. It has outperformed by 14.41% the S&P500.

Fuller & Thaler Asset Management Inc, which manages about $2.14 billion and $8.31 billion US Long portfolio, upped its stake in Brookline Bancorp Inc (NASDAQ:BRKL) by 212,097 shares to 4.03 million shares, valued at $63.21 million in 2017Q4, according to the filing. It also increased its holding in Ultra Clean Holdings Inc (NASDAQ:UCTT) by 169,045 shares in the quarter, for a total of 798,845 shares, and has risen its stake in Ruths Hospitality Group Inc (NASDAQ:RUTH).

Analysts await Rayonier Inc. (NYSE:RYN) to report earnings on August, 1. They expect $0.18 EPS, down 10.00 % or $0.02 from last year’s $0.2 per share. RYN’s profit will be $23.20M for 52.01 P/E if the $0.18 EPS becomes a reality. After $0.31 actual EPS reported by Rayonier Inc. for the previous quarter, Wall Street now forecasts -41.94 % negative EPS growth.

Another recent and important Rayonier Inc. (NYSE:RYN) news was published by Seekingalpha.com which published an article titled: “Rayonier’s (RYN) CEO David Nunes on Q1 2018 Results – Earnings Call Transcript” on May 03, 2018.

Rayonier Inc. (NYSE:RYN) Ratings Coverage

Among 3 analysts covering Rayonier (NYSE:RYN), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Rayonier had 4 analyst reports since January 11, 2018 according to SRatingsIntel. The firm has “Hold” rating by RBC Capital Markets given on Friday, February 9. RBC Capital Markets maintained Rayonier Inc. (NYSE:RYN) on Thursday, January 11 with “Hold” rating. Raymond James maintained Rayonier Inc. (NYSE:RYN) on Tuesday, May 8 with “Outperform” rating.

Rayonier Inc. (NYSE:RYN) Institutional Positions Chart

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