Shares of Domtar Corporation (NYSE:UFS) (TSE:UFS) have received a consensus rating of “Hold” from the fifteen research firms that are covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $40.78.

UFS has been the subject of several recent research reports. Citigroup Inc. reissued a “neutral” rating and issued a $39.00 price target (down previously from $41.00) on shares of Domtar Corporation in a research report on Friday, April 14th. Raymond James Financial, Inc. reissued an “outperform” rating and issued a $52.00 price target on shares of Domtar Corporation in a research report on Friday, April 28th. TD Securities reissued a “hold” rating and issued a $42.00 price target on shares of Domtar Corporation in a research report on Friday, April 28th. Scotiabank lifted their price objective on shares of Domtar Corporation from $38.50 to $40.50 and gave the stock a “sector perform” rating in a research report on Friday, April 28th. Finally, ValuEngine cut shares of Domtar Corporation from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd.

Domtar Corporation (NYSE:UFS) opened at 38.35 on Tuesday. The company has a market cap of $2.40 billion, a P/E ratio of 14.63 and a beta of 1.49. Domtar Corporation has a 52 week low of $33.99 and a 52 week high of $44.58. The company has a 50-day moving average of $38.22 and a 200-day moving average of $38.45.

Domtar Corporation (NYSE:UFS) (TSE:UFS) last issued its quarterly earnings results on Friday, July 28th. The basic materials company reported $0.61 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.08. Domtar Corporation had a net margin of 3.23% and a return on equity of 6.47%. The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter last year, the company posted $0.61 EPS. The firm’s revenue was down 3.4% compared to the same quarter last year. On average, equities research analysts predict that Domtar Corporation will post $2.49 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 16th. Investors of record on Monday, October 2nd will be paid a dividend of $0.415 per share. The ex-dividend date of this dividend is Friday, September 29th. This represents a $1.66 annualized dividend and a yield of 4.33%. Domtar Corporation’s dividend payout ratio is currently 63.36%.

A number of large investors have recently made changes to their positions in UFS. Rothschild Investment Corp IL raised its stake in shares of Domtar Corporation by 27.4% in the first quarter. Rothschild Investment Corp IL now owns 40,625 shares of the basic materials company’s stock valued at $1,484,000 after buying an additional 8,725 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in shares of Domtar Corporation by 141.2% in the first quarter. Nisa Investment Advisors LLC now owns 53,640 shares of the basic materials company’s stock valued at $1,959,000 after buying an additional 31,400 shares in the last quarter. Louisiana State Employees Retirement System raised its stake in shares of Domtar Corporation by 1.9% in the first quarter. Louisiana State Employees Retirement System now owns 15,800 shares of the basic materials company’s stock valued at $577,000 after buying an additional 300 shares in the last quarter. Fox Run Management L.L.C. bought a new stake in shares of Domtar Corporation during the first quarter valued at approximately $303,000. Finally, Alpha Windward LLC raised its stake in shares of Domtar Corporation by 1.0% in the first quarter. Alpha Windward LLC now owns 12,060 shares of the basic materials company’s stock valued at $440,000 after buying an additional 120 shares in the last quarter. Hedge funds and other institutional investors own 83.14% of the company’s stock.

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Domtar Corporation Company Profile

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 segments include Pulp and Paper and Personal Care. 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.

Analyst Recommendations for Domtar Corporation (NYSE:UFS)

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