Domtar Corp (UFS) SVP Patrick Loulou Sells 15,000 Shares

Domtar Corp (NYSE:UFS) (TSE:UFS) SVP Patrick Loulou sold 15,000 shares of the stock in a transaction that occurred on Wednesday, March 21st. The stock was sold at an average price of $45.61, for a total value of $684,150.00. Following the completion of the sale, the senior vice president now owns 9,722 shares in the company, valued at $443,420.42. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Patrick Loulou also recently made the following trade(s):

How to Become a New Pot Stock Millionaire
  • On Friday, March 16th, Patrick Loulou sold 97 shares of Domtar stock. The stock was sold at an average price of $46.01, for a total value of $4,462.97.

Shares of Domtar stock opened at $41.92 on Friday. The company has a current ratio of 2.24, a quick ratio of 1.21 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $2,758.68, a price-to-earnings ratio of -12.40, a price-to-earnings-growth ratio of 2.96 and a beta of 1.63. Domtar Corp has a 52-week low of $35.47 and a 52-week high of $52.58.

Domtar (NYSE:UFS) (TSE:UFS) last announced its earnings results on Thursday, February 8th. The basic materials company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by ($0.05). The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.31 billion. Domtar had a negative net margin of 4.11% and a positive return on equity of 6.02%. The firm’s revenue was up 4.9% compared to the same quarter last year. During the same period last year, the business posted $0.75 EPS. equities research analysts forecast that Domtar Corp will post 2.97 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Monday, April 2nd will be given a dividend of $0.435 per share. This represents a $1.74 annualized dividend and a yield of 4.15%. The ex-dividend date is Thursday, March 29th. This is a boost from Domtar’s previous quarterly dividend of $0.42. Domtar’s dividend payout ratio (DPR) is -49.11%.

Several equities research analysts have recently weighed in on the company. Vertical Research upgraded Domtar from a “hold” rating to a “buy” rating in a report on Friday, February 9th. UFS cut Domtar from an “outperform” rating to a “market perform” rating in a research note on Monday, January 29th. ValuEngine raised Domtar from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. National Bank Financial dropped their price objective on Domtar from $46.00 to $42.00 and set a “sector perform” rating on the stock in a research note on Friday, February 9th. Finally, Royal Bank of Canada raised Domtar from a “sector perform” rating to an “outperform” rating and set a $50.00 price objective on the stock in a research note on Friday, February 9th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Domtar has an average rating of “Hold” and a consensus price target of $44.33.

A number of hedge funds and other institutional investors have recently made changes to their positions in UFS. Acadian Asset Management LLC boosted its position in Domtar by 644.5% during the 4th quarter. Acadian Asset Management LLC now owns 371,502 shares of the basic materials company’s stock valued at $18,397,000 after acquiring an additional 321,603 shares in the last quarter. Point72 Asset Management L.P. boosted its position in Domtar by 727.2% during the 3rd quarter. Point72 Asset Management L.P. now owns 248,157 shares of the basic materials company’s stock valued at $10,768,000 after acquiring an additional 218,157 shares in the last quarter. Wells Fargo & Company MN boosted its position in Domtar by 215.3% during the 4th quarter. Wells Fargo & Company MN now owns 279,785 shares of the basic materials company’s stock valued at $13,855,000 after acquiring an additional 191,055 shares in the last quarter. Cornerstone Capital Management Holdings LLC. bought a new stake in Domtar during the 3rd quarter valued at $6,984,000. Finally, AXA bought a new stake in Domtar during the 3rd quarter valued at $6,530,000. 94.53% of the stock is currently owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION WARNING: “Domtar Corp (UFS) SVP Patrick Loulou Sells 15,000 Shares” was published by Ticker Report and is owned by of Ticker Report. If you are reading this story on another site, it was illegally copied and republished in violation of U.S. & international trademark and copyright legislation. The correct version of this story can be viewed at https://www.tickerreport.com/banking-finance/3298505/domtar-corp-ufs-svp-patrick-loulou-sells-15000-shares.html.

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.

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

Receive News & Ratings for Domtar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Domtar and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Karmacoin Price Up 16% Over Last 7 Days
Karmacoin Price Up 16% Over Last 7 Days
Compcoin Hits Market Capitalization of $0.00
Compcoin Hits Market Capitalization of $0.00
United Bitcoin Market Cap Hits $0.00
United Bitcoin Market Cap Hits $0.00
$0.70 EPS Expected for Lakeland Financial Co.  This Quarter
$0.70 EPS Expected for Lakeland Financial Co. This Quarter
New Jersey Resources Co.  Receives Consensus Rating of “Buy” from Brokerages
New Jersey Resources Co. Receives Consensus Rating of “Buy” from Brokerages
Brokerages Set Chico’s  Target Price at $11.10
Brokerages Set Chico’s Target Price at $11.10


© 2006-2018 Ticker Report. Google+.