Domtar Corp (NYSE:UFS) Stock Price While Sentiment Dropped to 1.07

June 29, 2018 - By Estela Ashley

Domtar Corporation (NYSE:UFS) Corporate Logo

Domtar Corp’s Sentiment

“Big money sentiment for Domtar Corp (NYSE:UFS) in Q1 2018 decreased to 1.07, according to Securities and Exchange Commission filings. That’s down -0.44, from 2017Q4’s 1.51. 127 hedge funds opened new and increased holdings, while 119 cut down and sold their positions in Domtar Corp so the sentiment turned negative. These funds own 56.03 million shares, that’s down from 56.70 million shares in 2017Q4. Funds holding Domtar Corp in top 10 changed to 2 from 3 for a decrease of 1. In total 29 funds closed positions, 90 reduced and 84 increased. Also 43 funds bought new Domtar Corp stakes.

Largest Domtar Corp Shareholders

Qv Investors Inc. owns 2.67 million shares in Domtar Corp as of Q1 2018. Domtar Corp’s shareholder Rock Point Advisors Llc owns 142,565 shares as of Q1 2018. Fairpointe Capital Llc reported 3.14 million shares. Hillsdale Investment Management Inc. revealed 294,900 shares position in Domtar Corp. The Massachusetts-based fund Colrain Capital Llc looks positive on Domtar Corp, having 30,570 shares.

Domtar Corporation designs, manufactures, markets, and distributes communication papers, specialty and packaging papers, and absorbent hygiene products in the United States, Canada, Europe, Asia, and internationally.The firm is valued at $3.01 billion. It operates in two divisions, Pulp and Paper, and Personal Care.Currently it has negative earnings. The firm provides business papers, including copy and electronic imaging papers that are used with ink jet and laser printers, photocopiers, and plain-paper fax machines, as well as computer papers, preprinted forms, and digital papers for office and home use.

The stock increased 0.71% or $0.34 during the last trading session, touching $47.93.Domtar Corporation has volume of 117,689 shares. Since June 29, 2017 UFS has risen 28.92% and is uptrending. UFS outperformed the S&P 500 by 16.35%.

Earnings report for Domtar Corporation (NYSE:UFS) is awaited on July, 27., RTT reports. Analysts have anticipation on stock’s EPS of $0.65. That’s up 6.56 % from last year’s $0.61 EPS. If UFS’s EPS is $0.65 the profit will hit $40.83 million for 18.43 P/E. -26.14 % negative EPS growth is what analysts predict. $0.88 EPS was published for previous quarter.

Hong Kong-based Point72 Asia (Hong Kong) Limited has invested 0.08% in Domtar Corporation (NYSE:UFS). Rhumbline Advisers reported 0.01% stake. Tiaa Cref Mgmt Ltd Liability Corp accumulated 200,622 shs. Texas Permanent School Fund holds 0.02% of its capital in Domtar Corporation (NYSE:UFS) for 41,504 shs. Manufacturers Life Ins The owns 0% invested in Domtar Corporation (NYSE:UFS) for 98,696 shs. The New Mexico-based New Mexico Educational Retirement Board has invested 0.03% in Domtar Corporation (NYSE:UFS). Neuberger Berman Gp Ltd invested in 33,600 shs. Barclays Public Limited Company reported 80,552 shs. Wellington Management Gp Llp has invested 0.01% of its capital in Domtar Corporation (NYSE:UFS). Utah Retirement has invested 0.01% in Domtar Corporation (NYSE:UFS). Mason Street Lc stated it has 0.03% of its capital in Domtar Corporation (NYSE:UFS). Northern Tru Corporation stated it has 1.43 million shs. 4,296 are held by Pinebridge Investments Lp. Suntrust Banks accumulated 0.02% or 62,989 shs. Gemmer Asset Management Ltd reported 27 shs.

Domtar Corporation registered $8.57 million net activity with 0 insider buys and 7 sales since February 28, 2018. On Wednesday, February 28 $3.10 million worth of stock was sold by Williams John David. On Friday, March 16 Buron Daniel sold $775,069 worth of Domtar Corporation (NYSE:UFS) or 16,853 shs. Another trade for 22,621 shs valued at $1.02 million was made by JABLONSKI ZYGMUNT on Thursday, May 3. On Thursday, March 1 Fagan Michael also sold $1.06M worth of Domtar Corporation (NYSE:UFS).

Domtar Corporation (NYSE:UFS) Ratings Coverage

In total 10 analysts cover Domtar Corp (NYSE:UFS). “Buy” rating has 3, “Sell” are 2, while 5 are “Hold”. 30% are bullish. 15 are the (NYSE:UFS)’s analyst reports since January 10, 2018 according to StockzIntelligence Inc. The stock rating was upgraded by RBC Capital Markets to “Buy” on Friday, February 9. On Wednesday, May 2 the rating was upgraded by DA Davidson to “Neutral”. On Monday, April 2 the stock of Domtar Corporation (NYSE:UFS) has “Hold” rating given by Bank of America. On Wednesday, January 10 the rating was maintained by Stephens with “Hold”. On Friday, February 9 Stephens upgraded Domtar Corporation (NYSE:UFS) to “Overweight” rating. On Wednesday, January 24 the firm has “Hold” rating by Stephens given. On Wednesday, May 2 the stock of Domtar Corporation (NYSE:UFS) earned “Sell” rating by Citigroup. On Thursday, February 8 Scotia Capital maintained Domtar Corporation (NYSE:UFS) with “Hold” rating. On Thursday, January 25 the firm has “Hold” rating given by BMO Capital Markets. On Friday, February 9 the company was upgraded by Vertical Research.

More recent Domtar Corporation (NYSE:UFS) news were released by Investorplace.com, Gurufocus.com and Business.Financialpost.com. The first one has “5 Stocks in the Spotlight on Solid Relative Price Strength” as a title and was released on June 27, 2018. The next is “6 Stocks With a Low Price-Sales Ratio” on June 25, 2018. And last was released on June 16, 2018, called “Volunteers from Domtar Corporation and the Student Conservation Association Work with the City of Dryden to …”.

Domtar Corporation (NYSE:UFS) Institutional Investors Chart

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