Domtar Corp. (NYSE:UFS) (TSE:UFS) has been given a consensus rating of “Hold” by the thirteen brokerages that are presently covering the firm. Two investment analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $39.00.

A number of research firms have recently issued reports on UFS. TheStreet raised shares of Domtar Corp. from a “hold” rating to a “buy” rating in a report on Wednesday, July 27th. Zacks Investment Research raised shares of Domtar Corp. from a “strong sell” rating to a “hold” rating and set a $44.00 price target for the company in a research note on Friday, July 29th. Citigroup Inc. boosted their price target on shares of Domtar Corp. from $37.00 to $41.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 2nd. Goldman Sachs Group Inc. started coverage on shares of Domtar Corp. in a research note on Thursday, September 22nd. They issued a “neutral” rating and a $40.00 price target for the company. Finally, DA Davidson boosted their price target on shares of Domtar Corp. from $30.00 to $32.00 and gave the stock an “underperform” rating in a research note on Thursday, July 28th.

Shares of Domtar Corp. (NYSE:UFS) traded down 0.83% during mid-day trading on Wednesday, hitting $39.38. The stock had a trading volume of 285,305 shares. Domtar Corp. has a 1-year low of $29.88 and a 1-year high of $42.95. The firm has a market capitalization of $2.46 billion, a price-to-earnings ratio of 17.95 and a beta of 1.57. The stock’s 50-day moving average is $36.85 and its 200 day moving average is $36.97.

Domtar Corp. (NYSE:UFS) last posted its quarterly earnings data on Thursday, October 27th. The company reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.17. Domtar Corp. had a net margin of 2.69% and a return on equity of 7.40%. The company earned $1.27 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same period in the previous year, the firm posted $0.86 EPS. The firm’s revenue was down 1.7% compared to the same quarter last year. Equities research analysts predict that Domtar Corp. will post $3.10 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 17th. Stockholders of record on Tuesday, January 3rd will be paid a dividend of $0.415 per share. This represents a $1.66 annualized dividend and a dividend yield of 4.18%. The ex-dividend date is Thursday, December 29th. Domtar Corp.’s dividend payout ratio (DPR) is 75.45%.

Several institutional investors have recently modified their holdings of the stock. LS Investment Advisors LLC increased its position in shares of Domtar Corp. by 72.9% in the second quarter. LS Investment Advisors LLC now owns 3,785 shares of the company’s stock valued at $133,000 after buying an additional 1,596 shares during the period. CIBC World Markets Inc. increased its position in shares of Domtar Corp. by 173.3% in the second quarter. CIBC World Markets Inc. now owns 92,139 shares of the company’s stock valued at $3,226,000 after buying an additional 58,423 shares during the period. Hussman Strategic Advisors Inc. purchased a new position in shares of Domtar Corp. during the second quarter valued at approximately $123,000. Calvert Investment Management Inc. increased its position in shares of Domtar Corp. by 35.1% in the second quarter. Calvert Investment Management Inc. now owns 8,662 shares of the company’s stock valued at $303,000 after buying an additional 2,252 shares during the period. Finally, Victory Capital Management Inc. increased its position in shares of Domtar Corp. by 17.6% in the second quarter. Victory Capital Management Inc. now owns 10,822 shares of the company’s stock valued at $379,000 after buying an additional 1,620 shares during the period. 86.60% of the stock is owned by hedge funds and other institutional investors.

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About Domtar Corp.

Domtar Corporation designs, manufactures, markets and distributes a range of fiber-based products, including communication papers, specialty and packaging papers and absorbent hygiene products. The Company operates through two business segments: Pulp and Paper, and Personal Care. Its Pulp and Paper segment is engaged in the designing, manufacturing, marketing and distribution of communication, specialty and packaging papers, as well as softwood, fluff and hardwood market pulp.

5 Day Chart for NYSE:UFS

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