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Munich Reinsurance Co Stock Corp in Munich Invests $48.99 Million in Weyerhaeuser Company $WY
Munich Reinsurance Co Stock Corp in Munich recently invested $48.99 million into Weyerhaeuser Company (NYSE:WY) by acquiring 1,976,043 shares. This new stake represents approximately 0.27% ownership of the real estate investment trust. Analysts currently give WY an average “Hold” rating with a consensus price target of $28.88, while the company recently announced a quarterly dividend of $0.21 per share.