Is there a Bearish outlook for Rayonier Inc. (NYSE:RYN) this week?

January 22, 2018 - By Migdalia James

 Is there a Bearish outlook for Rayonier Inc. (NYSE:RYN) this week?
Investors sentiment is 1.3 in 2017 Q3. Its the same as in 2017Q2. It has no change, as 24 investors sold Rayonier Inc. shares while 60 reduced holdings. only 24 funds opened positions while 85 raised stakes. 105.65 million shares or 1.57% more from 104.03 million shares in 2017Q2 were reported.
State Of Tennessee Treasury Department owns 120,000 shares. Sei Invs stated it has 59,527 shares or 0.01% of all its holdings. Huntington Natl Bank holds 0% of its portfolio in Rayonier Inc. (NYSE:RYN) for 175 shares. Asset has invested 0.01% in Rayonier Inc. (NYSE:RYN). 236 were accumulated by Winslow Evans & Crocker. Clearbridge Investments Limited Liability Co holds 0% or 312 shares. 288 were reported by Exane Derivatives. Moreover, Peak6 Invests Ltd Partnership has 0% invested in Rayonier Inc. (NYSE:RYN). Third Avenue Management Llc reported 3.36 million shares. Raymond James And Associates reported 39,040 shares. Oppenheimer Asset Mgmt invested 0.01% in Rayonier Inc. (NYSE:RYN). California Public Employees Retirement System owns 0.02% invested in Rayonier Inc. (NYSE:RYN) for 438,580 shares. Weaver C Barksdale & Associates Inc reported 148 shares. Evercore Wealth Ltd Liability Corp has invested 0.01% in Rayonier Inc. (NYSE:RYN). Price T Rowe Assoc Md holds 0.11% of its portfolio in Rayonier Inc. (NYSE:RYN) for 21.73M shares.

Rayonier Inc. (NYSE:RYN) Ratings Coverage

Among 7 analysts covering Rayonier (NYSE:RYN), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Rayonier had 21 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was downgraded by Buckingham Research on Wednesday, September 7 to “Neutral”. The firm has “Buy” rating by Buckingham Research given on Thursday, August 6. The company was downgraded on Monday, August 14 by BMO Capital Markets. The stock of Rayonier Inc. (NYSE:RYN) earned “Buy” rating by BMO Capital Markets on Thursday, June 22. The stock has “Hold” rating by RBC Capital Markets on Friday, October 6. As per Wednesday, November 1, the company rating was maintained by BMO Capital Markets. The stock of Rayonier Inc. (NYSE:RYN) earned “Outperform” rating by Raymond James on Monday, January 9. RBC Capital Markets maintained the stock with “Sector Perform” rating in Friday, August 7 report. The stock of Rayonier Inc. (NYSE:RYN) earned “Buy” rating by Vertical Research on Friday, May 26. DA Davidson downgraded Rayonier Inc. (NYSE:RYN) on Friday, February 10 to “Neutral” rating. Below is a list of Rayonier Inc. (NYSE:RYN) latest ratings and price target changes.

11/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $30.0 Maintain
01/11/2017 Broker: BMO Capital Markets Rating: Hold New Target: $31.0 Maintain
06/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $29.0 Maintain
27/09/2017 Broker: BMO Capital Markets Rating: Hold New Target: $31.0 Maintain
04/09/2017 Broker: RBC Capital Markets Rating: Hold New Target: $29.0 Maintain
14/08/2017 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Market Perform Downgrade
30/07/2017 Broker: RBC Capital Markets Rating: Hold New Target: $28.0000 Maintain
26/07/2017 Broker: BMO Capital Markets Rating: Buy New Target: $31.0000 Maintain

The stock increased 0.40% or $0.13 during the last trading session, reaching $32.68. About 542,517 shares traded or 15.17% up from the average. Rayonier Inc. (NYSE:RYN) has risen 11.93% since January 22, 2017 and is uptrending. It has underperformed by 4.77% the S&P500.

Rayonier Inc. engages in the sale and development of real estate and timberland management, as well as in the production and sale of cellulose fibers in the United States, New Zealand, and Australia. The company has market cap of $4.20 billion. The firm operates in four divisions: Timber, Real Estate, Performance Fibers, and Wood Products. It has a 30.92 P/E ratio. Timber segment owns, leases, or manages timberlands and sells standing timber at auction to third parties, as well as sells delivered logs.

More recent Rayonier Inc. (NYSE:RYN) news were published by: Businesswire.com which released: “Rayonier Advanced Materials Announces First Quarter 2018 Dividend on the …” on January 16, 2018. Also Businesswire.com published the news titled: “Rayonier Announces Tax Treatment of 2017 Dividends” on January 16, 2018. Businesswire.com‘s news article titled: “Rayonier Scheduled to Release Fourth Quarter Earnings on February 7” with publication date: January 17, 2018 was also an interesting one.

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