Zygmunt Jablonski Sells 2,864 Shares of Domtar Corp (UFS) Stock

Domtar Corp (NYSE:UFS) (TSE:UFS) SVP Zygmunt Jablonski sold 2,864 shares of Domtar stock in a transaction that occurred on Tuesday, February 19th. The shares were sold at an average price of $52.17, for a total transaction of $149,414.88. Following the transaction, the senior vice president now owns 20,128 shares of the company’s stock, valued at $1,050,077.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of UFS traded down $0.13 on Thursday, hitting $53.44. 503,556 shares of the stock traded hands, compared to its average volume of 908,802. The company has a market capitalization of $3.29 billion, a P/E ratio of 11.59, a price-to-earnings-growth ratio of 1.90 and a beta of 1.98. The company has a quick ratio of 1.06, a current ratio of 2.03 and a debt-to-equity ratio of 0.34. Domtar Corp has a one year low of $33.81 and a one year high of $54.50.

Domtar (NYSE:UFS) (TSE:UFS) last announced its quarterly earnings results on Tuesday, February 5th. The basic materials company reported $1.63 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.62 by $0.01. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.44 billion. Domtar had a net margin of 5.19% and a return on equity of 11.59%. The firm’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.64 earnings per share. On average, sell-side analysts expect that Domtar Corp will post 5.51 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Investors 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 dividend yield of 3.26%. The ex-dividend date of this dividend is Monday, April 1st. Domtar’s dividend payout ratio (DPR) is currently 37.74%.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Oregon Public Employees Retirement Fund grew its position in Domtar by 3,483.6% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 877,934 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 853,435 shares during the period. Winslow Evans & Crocker Inc. bought a new stake in Domtar in the 4th quarter worth approximately $26,000. Stevens First Principles Investment Advisors bought a new stake in Domtar in the 4th quarter worth approximately $31,000. Enlightenment Research LLC bought a new stake in Domtar in the 4th quarter worth approximately $77,000. Finally, IFP Advisors Inc grew its position in Domtar by 144.8% in the 4th quarter. IFP Advisors Inc now owns 2,269 shares of the basic materials company’s stock worth $79,000 after purchasing an additional 1,342 shares during the period. 89.10% of the stock is owned by institutional investors.

UFS has been the subject of several recent research reports. TheStreet upgraded shares of Domtar from a “c” rating to a “b” rating in a report on Wednesday, February 6th. Vertical Research upgraded shares of Domtar from a “hold” rating to a “buy” rating and set a $54.00 target price for the company in a report on Thursday, November 1st. Raymond James set a $49.00 target price on shares of Domtar and gave the company a “hold” rating in a report on Thursday, November 1st. Zacks Investment Research lowered shares of Domtar from a “buy” rating to a “hold” rating in a report on Saturday, January 5th. Finally, TD Securities lifted their target price on shares of Domtar from $45.00 to $51.00 and gave the company a “hold” rating in a report on Wednesday, February 6th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $49.17.

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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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Insider Buying and Selling by Quarter for Domtar (NYSE:UFS)

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