In today’s session Domtar Corp (USA) (UFS) registered an unusually high (510) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious UFS increase. With 510 contracts traded and 20594 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: UFS161118C00037500 closed last at: $0.55 or 8.3% down. About 194,679 shares traded hands. Domtar Corp (USA) (NYSE:UFS) has declined 14.12% since March 31, 2016 and is downtrending. It has underperformed by 16.65% the S&P500.
Analysts await Domtar Corp (USA) (NYSE:UFS) to report earnings on November, 4. They expect $1.01 EPS, up 17.44% or $0.15 from last year’s $0.86 per share. UFS’s profit will be $61.24M for 8.53 P/E if the $1.01 EPS becomes a reality. After $0.61 actual EPS reported by Domtar Corp (USA) for the previous quarter, Wall Street now forecasts 65.57% EPS growth.
Domtar Corp (USA) (NYSE:UFS) Ratings Coverage
Out of 7 analysts covering Domtar Corp. (NYSE:UFS), 1 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 14% are positive. Domtar Corp. has been the topic of 11 analyst reports since October 15, 2015 according to StockzIntelligence Inc. Citigroup maintained the stock with “Neutral” rating in Tuesday, August 2 report. The company was downgraded on Friday, July 8 by DA Davidson. On Wednesday, April 6 the stock rating was downgraded by Bank of America to “Underperform”. Bank of America upgraded Domtar Corp (USA) (NYSE:UFS) on Monday, October 3 to “Neutral” rating. As per Thursday, September 22, the company rating was initiated by Goldman Sachs. The stock of Domtar Corp (USA) (NYSE:UFS) has “Outperform” rating given on Tuesday, November 10 by Macquarie Research. The rating was downgraded by National Bank Canada on Friday, April 15 to “Sector Perform”.
According to Zacks Investment Research, “Domtar is a major North American manufacturer of pulp and forest products, fine papers and packaging that fosters sustainable development through the rigorous application of its integrated forest management policy. A leading manufacturer and marketer of printing and writing papers, Domtar is also a significant Canadian producer of containerboard and corrugated containers and a major Eastern Canadian lumber producer.”
Insitutional Activity: The institutional sentiment decreased to 0.97 in Q2 2016. Its down 0.37, from 1.34 in 2016Q1. The ratio worsened, as 29 funds sold all Domtar Corp (USA) shares owned while 89 reduced positions. 27 funds bought stakes while 88 increased positions. They now own 51.73 million shares or 4.13% less from 53.95 million shares in 2016Q1.
Omers Administration Corporation holds 0.07% of its portfolio in Domtar Corp (USA) (NYSE:UFS) for 91,600 shares. Tower Research Limited Liability Company (Trc), a New York-based fund reported 915 shares. Moreover, Rothschild Invest Corp Il has 0.14% invested in Domtar Corp (USA) (NYSE:UFS) for 32,125 shares. Northern accumulated 1.47M shares or 0.02% of the stock. Next Grp Inc has 0.25% invested in the company for 22,450 shares. Allianz Asset Mngmt Ag reported 637,836 shares or 0.01% of all its holdings. National Bank & Trust Of Montreal Can, a Ontario – Canada-based fund reported 41,327 shares. Prospector Partners has 63,053 shares for 0.37% of their US portfolio. Ingalls & Snyder Limited Liability Company accumulated 12,000 shares or 0.02% of the stock. The New York-based Alliancebernstein Limited Partnership has invested 0% in Domtar Corp (USA) (NYSE:UFS). Schwab Charles Management has 205,472 shares for 0.01% of their US portfolio. Franklin Resource Inc accumulated 240,800 shares or 0% of the stock. Department Mb Fin Bank & Trust N A, a Illinois-based fund reported 2,000 shares. Eqis Cap Mngmt holds 0.02% of its portfolio in Domtar Corp (USA) (NYSE:UFS) for 6,801 shares. Qs Investors Limited Liability has 269 shares for 0% of their US portfolio.
Insider Transactions: Since May 5, 2016, the stock had 0 insider purchases, and 1 sale for $827,434 net activity. Fagan Michael sold $369,600 worth of stock or 10,000 shares. Williams John David sold $827,434 worth of stock or 21,977 shares.
Domtar Corporation designs, manufactures, markets and distributes a range of fiber products, including communication papers, specialty and packaging papers and absorbent hygiene products. The company has a market cap of $2.09 billion. The Firm operates through two business divisions: Pulp and Paper, and Personal Care. It has a 15.7 P/E ratio. The Company’s Pulp and Paper segment is engaged in the designing, manufacturing, marketing and distribution of communication, specialty and packaging papers, as well as softwood, fluff and hardwood market pulp.
UFS Company Profile
Domtar Corporation, incorporated on August 16, 2006, designs, makes, markets and distributes a range of fiber products, including communication papers, specialty and packaging papers and absorbent hygiene products. The Firm operates through two business divisions: Pulp and Paper, and Personal Care. The Company’s Pulp and Paper segment is engaged in the designing, manufacturing, marketing and distribution of communication, specialty and packaging papers, as well as softwood, fluff and hardwood market pulp. The Company’s Personal Care segment is involved in the designing, manufacturing, marketing and distribution of absorbent hygiene products. The Firm is an integrated marketer of uncoated freesheet paper in North America serving a range of customers, including merchants, retail outlets, stationers, printers, publishers, converters and end users. It is also a marketer and producer of a range of incontinence care products, marketed under the Attends, IncoPack and Indasec brand names, as well as infant diapers.
More recent Domtar Corp (USA) (NYSE:UFS) news were published by: Investorplace.com which released: “Best Stocks of 2016: Domtar Corp (USA) (UFS) Could Make a Comeback” on October 05, 2016. Also Marketwatch.com published the news titled: “Domtar downgraded to underperform from neutral at DA Davidson” on December 21, 2009. Investorplace.com‘s news article titled: “Best Stocks of 2016: Domtar Corp (USA) (UFS) Is Hurt But Healing” with publication date: July 01, 2016 was also an interesting one.
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