Domtar Corp (NYSE:UFS) (TSE:UFS) has received a consensus rating of “Hold” from the seventeen ratings firms that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $46.40.

A number of equities analysts have recently weighed in on the stock. TD Securities upped their price target on shares of Domtar from $37.00 to $40.00 and gave the stock a “hold” rating in a research note on Monday, October 28th. Vertical Research raised Domtar from a “hold” rating to a “buy” rating in a research note on Friday, October 4th. ValuEngine upgraded Domtar from a “strong sell” rating to a “sell” rating in a report on Wednesday, October 2nd. Scotiabank set a $45.00 price target on Domtar and gave the company a “hold” rating in a research note on Friday, August 30th. Finally, Raymond James restated a “market perform” rating and issued a $38.00 price objective on shares of Domtar in a report on Monday, October 28th.

Institutional investors and hedge funds have recently bought and sold shares of the company. TD Capital Management LLC bought a new position in Domtar in the second quarter worth $39,000. Advisory Services Network LLC acquired a new position in shares of Domtar in the 2nd quarter valued at $50,000. Tower Research Capital LLC TRC lifted its holdings in shares of Domtar by 37.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,433 shares of the basic materials company’s stock worth $52,000 after acquiring an additional 389 shares during the period. AGF Investments LLC lifted its holdings in shares of Domtar by 75.1% during the 2nd quarter. AGF Investments LLC now owns 1,250 shares of the basic materials company’s stock worth $56,000 after acquiring an additional 536 shares during the period. Finally, Anderson Fisher LLC bought a new position in shares of Domtar during the 2nd quarter worth about $104,000. 94.34% of the stock is owned by institutional investors.

Shares of UFS stock traded down $0.56 on Tuesday, reaching $37.03. 1,862 shares of the company’s stock traded hands, compared to its average volume of 650,968. Domtar has a 12-month low of $31.72 and a 12-month high of $53.89. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.14 and a current ratio of 2.28. The company has a market capitalization of $2.14 billion, a P/E ratio of 8.03 and a beta of 1.95. The business’s 50 day moving average price is $37.08 and its two-hundred day moving average price is $38.39.

Domtar (NYSE:UFS) (TSE:UFS) last announced its quarterly earnings data on Friday, October 25th. The basic materials company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.31. Domtar had a return on equity of 11.17% and a net margin of 3.82%. The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the prior year, the business earned $1.46 EPS. The business’s revenue for the quarter was down 6.1% on a year-over-year basis. Research analysts predict that Domtar will post 3.16 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, January 2nd will be issued a dividend of $0.455 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.82 dividend on an annualized basis and a dividend yield of 4.91%. Domtar’s dividend payout ratio (DPR) is presently 39.48%.

Domtar Company Profile

Domtar Corporation designs, manufactures, markets, and distributes various communication papers, specialty and packaging papers, and absorbent hygiene products in the United States, Canada, Europe, Asia, and internationally. It operates in two segments, Pulp and Paper, and Personal Care. The company offers business papers, including copy and electronic imaging papers for use with inkjet and laser printers, photocopiers, and plain-paper fax machines, as well as computer papers, preprinted forms, and digital papers for office and home use.

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Analyst Recommendations for Domtar (NYSE:UFS)

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