O Shaughnessy Asset Management LLC trimmed its position in shares of Domtar Corp (NYSE:UFS) (TSE:UFS) by 30.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,292 shares of the basic materials company’s stock after selling 561 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Domtar were worth $45,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of UFS. BlackRock Inc. raised its position in Domtar by 6.3% in the 4th quarter. BlackRock Inc. now owns 8,167,471 shares of the basic materials company’s stock valued at $286,923,000 after buying an additional 487,215 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Domtar by 4.2% during the 3rd quarter. Vanguard Group Inc. now owns 6,430,521 shares of the basic materials company’s stock valued at $335,480,000 after purchasing an additional 257,488 shares during the last quarter. Vanguard Group Inc increased its position in shares of Domtar by 4.2% during the 3rd quarter. Vanguard Group Inc now owns 6,430,521 shares of the basic materials company’s stock valued at $335,480,000 after purchasing an additional 257,488 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Domtar by 1.3% during the 4th quarter. Bank of New York Mellon Corp now owns 1,360,051 shares of the basic materials company’s stock valued at $47,778,000 after purchasing an additional 17,660 shares during the last quarter. Finally, Prudential Financial Inc. increased its position in shares of Domtar by 58.1% during the 4th quarter. Prudential Financial Inc. now owns 891,207 shares of the basic materials company’s stock valued at $31,308,000 after purchasing an additional 327,610 shares during the last quarter. 91.65% of the stock is currently owned by institutional investors.

Shares of Domtar stock opened at $49.99 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.06 and a current ratio of 2.03. The company has a market capitalization of $3.17 billion, a price-to-earnings ratio of 10.84, a P/E/G ratio of 1.76 and a beta of 2.02. Domtar Corp has a one year low of $33.81 and a one year high of $54.50.

Domtar (NYSE:UFS) (TSE:UFS) last issued its quarterly earnings data on Tuesday, February 5th. The basic materials company reported $1.63 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.62 by $0.01. The firm had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.44 billion. Domtar had a return on equity of 11.59% and a net margin of 5.19%. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period last year, the company earned $0.64 EPS. As a group, equities analysts expect that Domtar Corp will post 5.71 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Tuesday, April 2nd will be given a $0.435 dividend. The ex-dividend date of this dividend is Monday, April 1st. This represents a $1.74 dividend on an annualized basis and a dividend yield of 3.48%. Domtar’s dividend payout ratio is currently 37.74%.

In other news, SVP Zygmunt Jablonski sold 2,864 shares of Domtar stock in a transaction that occurred on Tuesday, February 19th. The stock was sold at an average price of $52.17, for a total value of $149,414.88. Following the sale, the senior vice president now directly owns 20,128 shares in the company, valued at approximately $1,050,077.76. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO John David Williams sold 50,779 shares of Domtar stock in a transaction that occurred on Friday, February 22nd. The stock was sold at an average price of $52.73, for a total value of $2,677,576.67. Following the completion of the sale, the chief executive officer now owns 16,373 shares in the company, valued at $863,348.29. The disclosure for this sale can be found here. Over the last quarter, insiders sold 148,129 shares of company stock worth $7,765,651. Corporate insiders own 0.95% of the company’s stock.

UFS has been the subject of several research analyst reports. TD Securities raised their target price on Domtar from $45.00 to $51.00 and gave the company a “hold” rating in a research report on Wednesday, February 6th. Royal Bank of Canada lowered Domtar from an “outperform” rating to a “sector perform” rating and raised their target price for the company from $50.00 to $55.00 in a research report on Wednesday, February 6th. National Bank Financial reaffirmed a “sector perform” rating and set a $48.00 target price on shares of Domtar in a research report on Monday, December 10th. ValuEngine raised Domtar from a “strong sell” rating to a “sell” rating in a research report on Thursday, January 10th. Finally, Raymond James reaffirmed a “market perform” rating and set a $52.00 target price on shares of Domtar in a research report on Wednesday, February 6th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and one has issued a buy rating to the stock. Domtar has a consensus rating of “Hold” and an average target price of $49.17.

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About Domtar

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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Institutional Ownership by Quarter for Domtar (NYSE:UFS)

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