Domtar Corporation (UFS) Holdings Maintained by Lingohr & Partner Asset Management GmbH

Lingohr & Partner Asset Management GmbH maintained its stake in shares of Domtar Corporation (NYSE:UFS) (TSE:UFS) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,131 shares of the basic materials company’s stock at the end of the 2nd quarter. Lingohr & Partner Asset Management GmbH owned 0.06% of Domtar Corporation worth $1,356,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Domtar Corporation by 14.0% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,610 shares of the basic materials company’s stock valued at $100,000 after purchasing an additional 320 shares during the period. LS Investment Advisors LLC lifted its stake in shares of Domtar Corporation by 20.2% in the second quarter. LS Investment Advisors LLC now owns 5,143 shares of the basic materials company’s stock valued at $198,000 after purchasing an additional 866 shares during the period. Bridgewater Associates LP acquired a new stake in shares of Domtar Corporation in the second quarter valued at about $200,000. Mckinley Capital Management LLC Delaware lifted its stake in shares of Domtar Corporation by 1.9% in the first quarter. Mckinley Capital Management LLC Delaware now owns 5,467 shares of the basic materials company’s stock valued at $200,000 after purchasing an additional 100 shares during the period. Finally, Campbell & CO Investment Adviser LLC acquired a new position in Domtar Corporation during the second quarter worth about $218,000. Hedge funds and other institutional investors own 91.20% of the company’s stock.

In other Domtar Corporation news, VP Daniel Buron sold 4,900 shares of the company’s stock in a transaction dated Monday, August 21st. The shares were sold at an average price of $40.10, for a total transaction of $196,490.00. Following the completion of the sale, the vice president now directly owns 15,126 shares of the company’s stock, valued at $606,552.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Michael Fagan sold 4,154 shares of the company’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $41.40, for a total transaction of $171,975.60. Following the sale, the insider now directly owns 10,649 shares of the company’s stock, valued at $440,868.60. The disclosure for this sale can be found here. 1.04% of the stock is currently owned by corporate insiders.

A number of equities analysts have issued reports on the stock. ValuEngine upgraded shares of Domtar Corporation from a “hold” rating to a “buy” rating in a research report on Friday, September 8th. BidaskClub upgraded shares of Domtar Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, August 16th. Zacks Investment Research cut shares of Domtar Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Scotiabank cut their target price on shares of Domtar Corporation from $40.50 to $40.00 and set a “sector perform” rating for the company in a research report on Monday, July 31st. Finally, Vertical Research restated a “buy” rating on shares of Domtar Corporation in a research report on Friday, July 28th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. Domtar Corporation presently has an average rating of “Hold” and a consensus target price of $41.22.

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Shares of Domtar Corporation (NYSE:UFS) traded up 1.82% during midday trading on Friday, hitting $42.54. 890,331 shares of the stock were exchanged. The stock’s 50-day moving average price is $39.64 and its 200 day moving average price is $38.19. Domtar Corporation has a one year low of $33.99 and a one year high of $44.58. The stock has a market cap of $2.67 billion, a P/E ratio of 16.22 and a beta of 1.49.

Domtar Corporation (NYSE:UFS) (TSE:UFS) last issued its quarterly earnings results on Friday, July 28th. The basic materials company reported $0.61 earnings per share for the quarter, beating the Zacks’ 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 the consensus estimate of $1.31 billion. During the same period in the prior year, the company earned $0.61 EPS. Domtar Corporation’s revenue was down 3.4% on a year-over-year basis. On average, analysts anticipate that Domtar Corporation will post $2.47 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Monday, October 2nd will be issued a $0.415 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date is Friday, September 29th. Domtar Corporation’s payout ratio is 63.36%.

About Domtar Corporation

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.

Institutional Ownership by Quarter for Domtar Corporation (NYSE:UFS)

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