TLP Group LLC decreased its holdings in Domtar Corp (NYSE:UFS) (TSE:UFS) by 29.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,161 shares of the basic materials company’s stock after selling 479 shares during the quarter. TLP Group LLC’s holdings in Domtar were worth $45,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of UFS. Oregon Public Employees Retirement Fund grew its position in Domtar by 3,483.6% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 877,934 shares of the basic materials company’s stock worth $25,000 after buying an additional 853,435 shares during the last quarter. BlackRock Inc. grew its position in Domtar by 6.3% in the fourth quarter. BlackRock Inc. now owns 8,167,471 shares of the basic materials company’s stock worth $286,923,000 after buying an additional 487,215 shares during the last quarter. Prudential Financial Inc. grew its position in Domtar by 58.1% in the fourth quarter. Prudential Financial Inc. now owns 891,207 shares of the basic materials company’s stock worth $31,308,000 after buying an additional 327,610 shares during the last quarter. Vanguard Group Inc grew its position in Domtar by 4.2% in the third quarter. Vanguard Group Inc now owns 6,430,521 shares of the basic materials company’s stock worth $335,480,000 after buying an additional 257,488 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in Domtar by 4.2% in the third quarter. Vanguard Group Inc. now owns 6,430,521 shares of the basic materials company’s stock worth $335,480,000 after buying an additional 257,488 shares during the last quarter. Hedge funds and other institutional investors own 91.65% of the company’s stock.

UFS has been the topic of several recent research reports. Zacks Investment Research upgraded shares of Domtar from a “sell” rating to a “hold” rating in a research report on Tuesday, January 15th. UFS restated a “sell” rating on shares of Domtar in a research report on Thursday, February 21st. ValuEngine lowered shares of Domtar from a “sell” rating to a “strong sell” rating in a research report on Tuesday, December 11th. TD Securities lifted their price objective on shares of Domtar from $45.00 to $51.00 and gave the stock a “hold” rating in a research report on Wednesday, February 6th. Finally, TheStreet upgraded shares of Domtar from a “c” rating to a “b” rating in a research report on Wednesday, February 6th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $49.17.

In other Domtar news, CEO John David Williams sold 50,779 shares of Domtar stock in a transaction on Friday, February 22nd. The shares were sold at an average price of $52.73, for a total transaction of $2,677,576.67. Following the completion of the sale, the chief executive officer now owns 16,373 shares of the company’s stock, valued at approximately $863,348.29. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Daniel Buron sold 13,591 shares of Domtar stock in a transaction on Wednesday, February 20th. The shares were sold at an average price of $53.42, for a total transaction of $726,031.22. Following the sale, the vice president now directly owns 4,982 shares of the company’s stock, valued at approximately $266,138.44. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 148,129 shares of company stock worth $7,765,651. Corporate insiders own 0.95% of the company’s stock.

NYSE UFS opened at $49.34 on Friday. Domtar Corp has a twelve month low of $33.81 and a twelve month high of $54.50. 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 cap of $3.10 billion, a price-to-earnings ratio of 10.70, a PEG ratio of 1.76 and a beta of 2.02.

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

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Tuesday, April 2nd will be given a dividend of $0.435 per share. This represents a $1.74 annualized dividend and a yield of 3.53%. The ex-dividend date of this dividend is Monday, April 1st. Domtar’s payout ratio is 37.74%.

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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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Institutional Ownership by Quarter for Domtar (NYSE:UFS)

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