QV Investors Inc. decreased its stake in shares of Domtar Corp (NYSE:UFS) (TSE:UFS) by 22.6% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 2,808,481 shares of the basic materials company’s stock after selling 819,866 shares during the period. Domtar accounts for 13.8% of QV Investors Inc.’s investment portfolio, making the stock its largest position. QV Investors Inc.’s holdings in Domtar were worth $174,771,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. BlackRock Inc. raised its holdings in shares of Domtar by 1.0% in the 2nd quarter. BlackRock Inc. now owns 10,480,620 shares of the basic materials company’s stock valued at $402,666,000 after acquiring an additional 103,558 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Domtar by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 5,342,007 shares of the basic materials company’s stock valued at $205,240,000 after acquiring an additional 53,417 shares in the last quarter. Fairpointe Capital LLC raised its holdings in shares of Domtar by 5.6% in the 2nd quarter. Fairpointe Capital LLC now owns 3,870,164 shares of the basic materials company’s stock valued at $148,692,000 after acquiring an additional 205,810 shares in the last quarter. State Street Corp raised its holdings in shares of Domtar by 0.5% in the 2nd quarter. State Street Corp now owns 1,772,703 shares of the basic materials company’s stock valued at $68,104,000 after acquiring an additional 8,827 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of Domtar by 0.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,097,537 shares of the basic materials company’s stock valued at $47,622,000 after acquiring an additional 5,336 shares in the last quarter. 91.12% of the stock is currently owned by institutional investors and hedge funds.

Several analysts have weighed in on UFS shares. Zacks Investment Research raised Domtar from a “hold” rating to a “strong-buy” rating and set a $51.00 price target on the stock in a report on Thursday, October 5th. Citigroup reaffirmed a “sell” rating and issued a $40.00 price target (down previously from $41.00) on shares of Domtar in a report on Thursday, October 5th. KeyCorp set a $33.00 price target on Domtar and gave the company a “sell” rating in a report on Thursday, October 12th. Stephens started coverage on Domtar in a report on Tuesday, October 24th. They set an “equal weight” rating and a $43.00 price objective on the stock. Finally, DA Davidson raised their price objective on Domtar to $37.00 and gave the company an “underperform” rating in a report on Monday, October 30th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the stock. Domtar presently has an average rating of “Hold” and an average target price of $45.27.

Shares of Domtar Corp (NYSE:UFS) traded up $0.04 during midday trading on Tuesday, hitting $51.09. The company had a trading volume of 402,900 shares, compared to its average volume of 613,036. The stock has a market cap of $3,200.00, a PE ratio of 18.31, a price-to-earnings-growth ratio of 3.55 and a beta of 1.54. The company has a current ratio of 2.29, a quick ratio of 1.20 and a debt-to-equity ratio of 0.40. Domtar Corp has a 52 week low of $35.47 and a 52 week high of $51.57.

Domtar (NYSE:UFS) (TSE:UFS) last announced its quarterly earnings data on Friday, October 27th. The basic materials company reported $1.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.73 by $0.30. The company had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.26 billion. Domtar had a return on equity of 6.17% and a net margin of 3.44%. Domtar’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period last year, the firm posted $1.13 EPS. sell-side analysts anticipate that Domtar Corp will post 2.67 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 15th. Investors of record on Tuesday, January 2nd were issued a dividend of $0.415 per share. The ex-dividend date was Friday, December 29th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 3.25%. Domtar’s dividend payout ratio is 59.50%.

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About Domtar

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.

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Institutional Ownership by Quarter for Domtar (NYSE:UFS)

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