Domtar Paper Inc (UFS) Receives Average Rating of “Hold” from Analysts

Shares of Domtar Paper Inc (NYSE:UFS) (TSE:UFS) have been given a consensus recommendation of “Hold” by the nineteen research firms that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $43.45.

UFS has been the subject of several recent analyst reports. BMO Capital Markets reaffirmed a “hold” rating and set a $47.00 price objective on shares of Domtar Paper in a research note on Thursday, January 25th. ValuEngine raised shares of Domtar Paper from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 8th. Stephens set a $53.00 price objective on shares of Domtar Paper and gave the company a “hold” rating in a research note on Wednesday, January 10th. Zacks Investment Research cut shares of Domtar Paper from a “hold” rating to a “sell” rating in a research note on Wednesday, February 21st. Finally, Vertical Group raised shares of Domtar Paper from a “hold” rating to a “buy” rating in a research note on Friday, February 9th.

In other Domtar Paper news, VP Daniel Buron sold 16,853 shares of the business’s stock in a transaction that occurred on Friday, March 16th. The shares were sold at an average price of $45.99, for a total value of $775,069.47. Following the completion of the transaction, the vice president now owns 19,101 shares of the company’s stock, valued at approximately $878,454.99. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Patrick Loulou sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 21st. The stock was sold at an average price of $45.61, for a total transaction of $684,150.00. Following the completion of the transaction, the senior vice president now directly owns 9,722 shares of the company’s stock, valued at approximately $443,420.42. The disclosure for this sale can be found here. In the last three months, insiders sold 124,180 shares of company stock valued at $5,630,151. Corporate insiders own 1.04% of the company’s stock.



Several institutional investors have recently made changes to their positions in the company. BlackRock Inc. boosted its stake in shares of Domtar Paper by 1.4% in the 4th quarter. BlackRock Inc. now owns 9,586,518 shares of the basic materials company’s stock valued at $474,726,000 after purchasing an additional 129,636 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Domtar Paper by 24.2% in the 4th quarter. Geode Capital Management LLC now owns 694,636 shares of the basic materials company’s stock valued at $34,398,000 after purchasing an additional 135,354 shares in the last quarter. Allianz Asset Management GmbH boosted its stake in shares of Domtar Paper by 15.3% in the 4th quarter. Allianz Asset Management GmbH now owns 560,826 shares of the basic materials company’s stock valued at $27,855,000 after purchasing an additional 74,562 shares in the last quarter. Parametric Portfolio Associates LLC boosted its stake in shares of Domtar Paper by 3.1% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 451,395 shares of the basic materials company’s stock valued at $19,586,000 after purchasing an additional 13,549 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its stake in shares of Domtar Paper by 10.3% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 404,485 shares of the basic materials company’s stock valued at $20,062,000 after purchasing an additional 37,624 shares in the last quarter. 94.53% of the stock is owned by institutional investors.

NYSE:UFS traded up $0.29 during mid-day trading on Thursday, hitting $44.38. 56,297 shares of the stock traded hands, compared to its average volume of 730,797. The stock has a market cap of $2,764.95, a P/E ratio of 17.04, a P/E/G ratio of 2.95 and a beta of 1.62. Domtar Paper has a 12-month low of $35.72 and a 12-month high of $52.58. The company has a current ratio of 2.24, a quick ratio of 1.21 and a debt-to-equity ratio of 0.45.

Domtar Paper (NYSE:UFS) (TSE:UFS) last issued its quarterly earnings data on Thursday, February 8th. The basic materials company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.05). The firm had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Domtar Paper had a negative net margin of 4.11% and a positive return on equity of 6.02%. Domtar Paper’s revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.75 EPS. equities analysts forecast that Domtar Paper will post 2.99 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Monday, April 2nd will be paid a $0.435 dividend. This represents a $1.74 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date of this dividend is Thursday, March 29th. This is a boost from Domtar Paper’s previous quarterly dividend of $0.42. Domtar Paper’s payout ratio is currently 66.92%.

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About Domtar Paper

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.

Analyst Recommendations for Domtar Paper (NYSE:UFS)

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