Domtar Corporation (new) (NYSE:UFS) Just Reported Decreased Shorts

June 13, 2018 - By Rodney Autry

Domtar Corporation (NYSE:UFS) Logo

Investors sentiment decreased to 1.07 in 2018 Q1. Its down 0.44, from 1.51 in 2017Q4. It dived, as 29 investors sold Domtar Corporation shares while 90 reduced holdings. 43 funds opened positions while 84 raised stakes. 56.03 million shares or 1.18% less from 56.70 million shares in 2017Q4 were reported.
Quantbot Technology Limited Partnership has invested 0.01% in Domtar Corporation (NYSE:UFS). Teacher Retirement Systems Of Texas holds 13,836 shares or 0% of its portfolio. Moreover, Robeco Institutional Asset Mgmt Bv has 0.1% invested in Domtar Corporation (NYSE:UFS) for 510,037 shares. Los Angeles Management And Equity Research holds 0.02% in Domtar Corporation (NYSE:UFS) or 71,510 shares. Amg Funds Limited Liability invested 1.05% of its portfolio in Domtar Corporation (NYSE:UFS). Commonwealth Bank Of Australia holds 0.07% or 144,510 shares. Tru Communications Of Vermont accumulated 100 shares. Pinebridge Investments L P has invested 0% in Domtar Corporation (NYSE:UFS). Qv Inc has 12.68% invested in Domtar Corporation (NYSE:UFS). Teachers Retirement System Of The State Of Kentucky reported 0.01% of its portfolio in Domtar Corporation (NYSE:UFS). Tudor Et Al holds 5,063 shares. Louisiana State Employees Retirement Sys holds 16,500 shares or 0.03% of its portfolio. Susquehanna Grp Inc Limited Liability Partnership owns 38,944 shares for 0% of their portfolio. Fmr Ltd Liability Company invested 0% of its portfolio in Domtar Corporation (NYSE:UFS). Scotia Capital Inc holds 21,222 shares.

Since February 28, 2018, it had 0 insider purchases, and 7 sales for $8.57 million activity. Fagan Michael had sold 23,674 shares worth $1.06 million on Thursday, March 1. Shares for $684,150 were sold by LOULOU PATRICK. $1.02 million worth of stock was sold by JABLONSKI ZYGMUNT on Thursday, May 3. $1.91M worth of stock was sold by Williams John David on Thursday, May 17.

The stock of Domtar Corporation (new) (NYSE:UFS) registered a decrease of 4.98% in short interest. UFS’s total short interest was 2.43M shares in June as published by FINRA. Its down 4.98% from 2.56 million shares, reported previously. With 630,200 shares average volume, it will take short sellers 4 days to cover their UFS’s short positions. The short interest to Domtar Corporation (new)’s float is 3.88%.

The stock decreased 1.65% or $0.81 during the last trading session, reaching $48.23. About 205,314 shares traded. Domtar Corporation (NYSE:UFS) has risen 28.92% since June 13, 2017 and is uptrending. It has outperformed by 16.35% the S&P500.

Domtar Corporation designs, manufactures, markets, and distributes communication papers, specialty and packaging papers, and absorbent hygiene products in the United States, Canada, Europe, Asia, and internationally. The company has market cap of $3.03 billion. It operates in two divisions, Pulp and Paper, and Personal Care. It currently has negative earnings. The firm provides business papers, including copy and electronic imaging papers that are used with ink jet and laser printers, photocopiers, and plain-paper fax machines, as well as computer papers, preprinted forms, and digital papers for office and home use.

Domtar Corporation (NYSE:UFS) Ratings Coverage

Among 10 analysts covering Domtar Corp (NYSE:UFS), 3 have Buy rating, 2 Sell and 5 Hold. Therefore 30% are positive. Domtar Corp has $55.0 highest and $33.0 lowest target. $41.29’s average target is -14.39% below currents $48.23 stock price. Domtar Corp had 15 analyst reports since January 10, 2018 according to SRatingsIntel. The stock has “Hold” rating by Raymond James on Monday, January 29. The stock of Domtar Corporation (NYSE:UFS) earned “Buy” rating by RBC Capital Markets on Friday, February 9. BMO Capital Markets maintained Domtar Corporation (NYSE:UFS) rating on Thursday, January 25. BMO Capital Markets has “Hold” rating and $47.0 target. The rating was maintained by Stephens with “Hold” on Wednesday, January 10. Bank of America downgraded Domtar Corporation (NYSE:UFS) on Monday, April 2 to “Hold” rating. The rating was upgraded by Stephens on Friday, February 9 to “Overweight”. The firm earned “Hold” rating on Wednesday, January 24 by Stephens. The rating was maintained by Citigroup with “Sell” on Wednesday, May 2. As per Friday, February 9, the company rating was maintained by Citigroup. The stock of Domtar Corporation (NYSE:UFS) has “Neutral” rating given on Wednesday, May 2 by DA Davidson.

Domtar Corporation (NYSE:UFS) Institutional Positions Chart

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