Domtar Corp Stock in 2017 Q2 Driven by Institutional Investors

October 13, 2017 - By Darrin Black

 Domtar Corp Stock  in  2017 Q2 Driven by Institutional Investors

Sentiment for Domtar Corp (NYSE:UFS)

Domtar Corp (NYSE:UFS) institutional sentiment is 1.25 in 2017 Q2. Its the same as in 2017Q1. The ratio is neither negative nor positive, as only 126 investment professionals increased or opened new stock positions, while 101 sold and decreased holdings in Domtar Corp. The investment professionals in our partner’s database now own: 56.02 million shares, up from 52.98 million shares in 2017Q1. Also, the number of investment professionals holding Domtar Corp in their top 10 stock positions increased from 1 to 2 for an increase of 1. Sold All: 37 Reduced: 64 Increased: 94 New Position: 32.

Domtar Corporation designs, manufactures, markets and distributes a range of fiber products, including communication papers, specialty and packaging papers and absorbent hygiene products. The company has market cap of $2.74 billion. The Firm divisions include Pulp and Paper and Personal Care. It has a 16.67 P/E ratio. The Pulp and Paper segment consists of the design, manufacturing, marketing and distribution of communication, specialty and packaging papers, as well as softwood, fluff and hardwood market pulp.

The stock increased 0.74% or $0.32 during the last trading session, reaching $43.67. About shares traded. Domtar Corp (USA) (NYSE:UFS) has declined 0.68% since October 13, 2016 and is downtrending. It has underperformed by 17.38% the S&P500.

Analysts await Domtar Corp (USA) (NYSE:UFS) to report earnings on October, 27 before the open. They expect $0.82 earnings per share, down 27.43 % or $0.31 from last year’s $1.13 per share. UFS’s profit will be $51.45 million for 13.31 P/E if the $0.82 EPS becomes a reality. After $0.61 actual earnings per share reported by Domtar Corp (USA) for the previous quarter, Wall Street now forecasts 34.43 % EPS growth.

Qv Investors Inc. holds 18.04% of its portfolio in Domtar Corp (USA) for 4.40 million shares. Rock Point Advisors Llc owns 279,390 shares or 5.04% of their US portfolio. Moreover, Fairpointe Capital Llc has 2.96% invested in the company for 3.87 million shares. The Massachusetts-based Mayo Investment Advisers Llc has invested 1.58% in the stock. Palouse Capital Management Inc., a Washington-based fund reported 89,300 shares.#img1#

Since January 1, 0001, it had 0 buys, and 3 sales for $1.03 million activity.

Domtar Corp (USA) (NYSE:UFS) Ratings Coverage

Ratings analysis reveals 31% of Domtar Corp.’s analysts are positive. Out of 13 Wall Street analysts rating Domtar Corp., 4 give it “Buy”, 3 “Sell” rating, while 6 recommend “Hold”. The lowest target is $30 while the high is $52. The stock’s average target of $39.50 is -9.55% below today’s ($43.67) share price. UFS was included in 26 notes of analysts from October 15, 2015. The rating was downgraded by DA Davidson to “Underperform” on Friday, July 8. The firm earned “Neutral” rating on Monday, October 3 by Bank of America. The company was downgraded on Friday, April 15 by National Bank Canada. The rating was maintained by BMO Capital Markets on Wednesday, June 28 with “Hold”. The stock of Domtar Corp (USA) (NYSE:UFS) has “Sell” rating given on Thursday, October 5 by Citigroup. BMO Capital Markets maintained the shares of UFS in report on Friday, September 8 with “Hold” rating. The rating was upgraded by IBC to “Sector Perform” on Monday, June 5. KeyBanc Capital Markets maintained Domtar Corp (USA) (NYSE:UFS) on Tuesday, September 12 with “Sell” rating. Bank of America upgraded the stock to “Buy” rating in Friday, January 27 report. The rating was initiated by Goldman Sachs with “Neutral” on Thursday, September 22.

More notable recent Domtar Corp (USA) (NYSE:UFS) news were published by: Areadevelopment.com which released: “Domtar Corporation Plans $160 Million Conversion At Ashdown, Arkansas, Mill” on December 11, 2014, also Benzinga.com with their article: “The Price Of Paper Is Increasing As Companies Try To Stay Profitable In …” published on March 07, 2016, Areadevelopment.com published: “Domtar Corporation, Invests $25.3 Million To Expand Johnsonburg And DuBois …” on January 25, 2017. More interesting news about Domtar Corp (USA) (NYSE:UFS) were released by: Fool.ca and their article: “It’s Time to Absorb Domtar Corp.’s 4.4% Yield” published on October 19, 2016 as well as Marketwatch.com‘s news article titled: “43.50” with publication date: December 21, 2009.

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