Rock Point Advisors LLC Has Decreased Position in Domtar Corporation (UFS) by $3.49 Million

April 20, 2018 - By Hazel Jackson

Domtar Corporation (NYSE:UFS) LogoInvestors sentiment increased to 1.51 in 2017 Q4. Its up 0.34, from 1.17 in 2017Q3. It is positive, as 15 investors sold UFS shares while 79 reduced holdings. 53 funds opened positions while 89 raised stakes. 56.70 million shares or 1.73% more from 55.74 million shares in 2017Q3 were reported. Bancshares Of Montreal Can owns 22,624 shares. Vident Invest Advisory Limited Liability Company stated it has 10,429 shares. Amg Funds Limited Liability stated it has 1.23% in Domtar Corporation (NYSE:UFS). Shelton Cap Mngmt, California-based fund reported 4,751 shares. Glenmede Trust Com Na owns 96 shares for 0% of their portfolio. Australia-based Macquarie Gru Incorporated has invested 0% in Domtar Corporation (NYSE:UFS). Michigan-based Ww Asset Management Inc has invested 0.01% in Domtar Corporation (NYSE:UFS). Aperio Gru Ltd Liability Corp has 44,827 shares. Loring Wolcott & Coolidge Fiduciary Advisors Llp Ma holds 0% or 28 shares. Texas Permanent School Fund invested 0.03% in Domtar Corporation (NYSE:UFS). Voya Invest Mngmt Ltd Liability Corp invested in 0.01% or 60,167 shares. Dekabank Deutsche Girozentrale reported 114,721 shares. The New York-based Engineers Gate Manager LP has invested 0.1% in Domtar Corporation (NYSE:UFS). Arizona State Retirement Systems holds 0.02% or 45,126 shares. Cubist Systematic Strategies Ltd has invested 0.02% in Domtar Corporation (NYSE:UFS).

Since February 28, 2018, it had 0 insider purchases, and 5 insider sales for $5.63 million activity. Fagan Michael sold $1.06M worth of stock. LOULOU PATRICK sold $684,150 worth of Domtar Corporation (NYSE:UFS) on Wednesday, March 21. 16,853 Domtar Corporation (NYSE:UFS) shares with value of $775,069 were sold by Buron Daniel.

Rock Point Advisors Llc decreased its stake in Domtar Corporation (UFS) by 25.44% based on its latest 2017Q4 regulatory filing with the SEC. Rock Point Advisors Llc sold 71,240 shares as the company’s stock declined 14.06% with the market. The institutional investor held 208,745 shares of the paper company at the end of 2017Q4, valued at $10.34M, down from 279,985 at the end of the previous reported quarter. Rock Point Advisors Llc who had been investing in Domtar Corporation for a number of months, seems to be less bullish one the $2.87B market cap company. The stock decreased 1.14% or $0.53 during the last trading session, reaching $45.83. About 303,472 shares traded. Domtar Corporation (NYSE:UFS) has risen 15.04% since April 20, 2017 and is uptrending. It has outperformed by 3.49% the S&P500.

Rock Point Advisors Llc, which manages about $351.72 million and $214.63M US Long portfolio, upped its stake in Centurylink (NYSE:CTL) by 235,058 shares to 577,713 shares, valued at $9.64 million in 2017Q4, according to the filing.

Analysts await Domtar Corporation (NYSE:UFS) to report earnings on May, 1 before the open. They expect $0.70 EPS, up 118.75 % or $0.38 from last year’s $0.32 per share. UFS’s profit will be $43.88M for 16.37 P/E if the $0.70 EPS becomes a reality. After $0.64 actual EPS reported by Domtar Corporation for the previous quarter, Wall Street now forecasts 9.37 % EPS growth.

Domtar Corporation (NYSE:UFS) Ratings Coverage

Among 10 analysts covering Domtar (NYSE:UFS), 3 have Buy rating, 3 Sell and 4 Hold. Therefore 30% are positive. Domtar had 16 analyst reports since October 24, 2017 according to SRatingsIntel. The rating was maintained by Bank of America on Friday, February 9 with “Buy”. The stock has “Hold” rating by Scotia Capital on Thursday, February 8. The company was maintained on Wednesday, November 15 by KeyBanc Capital Markets. On Friday, February 9 the stock rating was upgraded by Vertical Research to “Buy”. Citigroup maintained the shares of UFS in report on Friday, February 9 with “Sell” rating. Stephens maintained the stock with “Hold” rating in Wednesday, January 10 report. The company was downgraded on Friday, January 12 by RBC Capital Markets. The company was maintained on Thursday, February 8 by KeyBanc Capital Markets. The stock of Domtar Corporation (NYSE:UFS) earned “Hold” rating by Raymond James on Monday, January 29. Stephens upgraded the stock to “Overweight” rating in Friday, February 9 report.

Domtar Corporation (NYSE:UFS) Institutional Positions Chart

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