Skip to Content

Strs Ohio owns $1.24 million in Rayonier Inc. (NYSE:RYN)

Strs Ohio owns $1.24 million in Rayonier Inc. (NYSE:RYN)

The most recent report that Rayonier Inc. (NYSE: RYN) filed with the Securities and Exchange Commission revealed that Strs Ohio was responsible for 11.5% of the stock price increase during the company’s third fiscal quarter. The institutional investor finished the time frame under consideration with a shareholding of 41,304 in the equity of the real estate investment trust. This was accomplished by purchasing 4,262 additional shares throughout the time frame under consideration. At the close of the most recent financial quarter, Strs Ohio’s equity holdings in Rayonier were valued at $1,237,000 in terms of their aggregate value.

In the most recent few months, several other large investors have engaged in transactions involving buying and selling company shares. A variety of different companies carried out these transactions. The Vanguard Group Inc. increased the percentage of Rayonier stock owned by 1.5% during the first three months of 2018. As a result of the purchase of an additional 302,477 shares during the most recent quarter of the company’s fiscal year, Vanguard Group Inc. now has a total of 20,773,615 shares of the stock held by the real estate investment trust, which have a value of $854,211,000. During the second quarter, Price T. Rowe Associates Inc. (MD) increased the amount of Rayonier stock owned by 4.2%, bringing its total ownership to 100%. Price T. Rowe Associates Inc. (MD) now has 17,920,516 shares of the real estate investment trust following the purchase of an additional 728,269 shares during the most recent quarter. The shares have a total value of $669,869,000 due to the total number of shares owned by the company. In the first three months of 2018, BlackRock Inc. increased the percentage of Rayonier stock owned by 0.7%. BlackRock Inc. now has 13,769,910 shares of the real estate investment trust following the purchase of an additional 89,742 shares during the most recent quarter. The value of these shares has increased to $566,221,000 due to this increase. The Massachusetts Financial Services Co., MA, increased the amount of Rayonier stock owned by 6.5% during the second quarter of the fiscal year. The Massachusetts Financial Services Co., MA, now has 9,189,837 shares of the real estate investment trust following the purchase of an additional 557,796 shares during the most recent quarter. These shares have a combined value of $343,515,000, and the company now has 9,189,837 shares after the most recent quarter. In the final step of this process, State Street Corporation increased the amount of Rayonier stock owned by 1.1% during the second quarter. The current value of State Street Corporation’s holdings in the real estate investment trust, which consist of 3,878,018 shares, comes to a total of $144,900,000. The acquisition of 41,944 shares during the most recent fiscal quarter is directly responsible for this rise in ownership, which was reported earlier. At present, a total of 82.87% of the company’s shares are owned by hedge funds and other types of institutional investors.

Research coverage on Rayonier shares appeared for the very first time on the website of StockNews.com on Wednesday, October 12. They provided a positive recommendation for the stock to RYN, which started trading on Friday at $35.29. The company’s moving average price over the past 50 days is $34.55, and its average price over the past 200 days is $34.79. The company has a beta value of 0.89 and a price-to-earnings ratio of 63.02. The company’s total value, as represented by its market capitalization, is $5.17 billion. During the previous calendar year, Rayonier Inc.’s stock price ranged from a low of $29.51 to a high of $45.87 at various points. The debt-to-equity ratio is 0.69, the current ratio is 3.16, and the quick ratio is 2.88. All three ratios are presented in their most recent forms.

In addition, the company declared a quarterly dividend, which was paid out on the Friday after December 30 (December 30). On Friday, December 16, dividend payments to shareholders of record were made in the amount of $0.285. The company’s dividend policy made these payments. This company declared a quarterly dividend, which was paid on the Friday after December 30 (December 30). On Friday, December 16, dividend payments to shareholders of record were made in the amount of $0.285. The company’s dividend policy made these payments. This dividend’s ex-dividend date, which was on December 15, a Thursday, w

Leave a comment

Your email address will not be published. Required fields are marked *