Dean Investment Associates buys $5,115,350 stake in Domtar Corp (USA) (UFS)

Domtar Corp (USA) (UFS) : Dean Investment Associates scooped up 26,810 additional shares in Domtar Corp (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 131,500 shares of Domtar Corp (USA) which is valued at $5,115,350.Domtar Corp (USA) makes up approximately 0.97% of Dean Investment Associates’s portfolio.

Other Hedge Funds, Including , Sg Americas Securities boosted its stake in UFS in the latest quarter, The investment management firm added 4,569 additional shares and now holds a total of 28,745 shares of Domtar Corp (USA) which is valued at $1,118,181. Domtar Corp (USA) makes up approx 0.01% of Sg Americas Securities’s portfolio.Boston Advisors boosted its stake in UFS in the latest quarter, The investment management firm added 60 additional shares and now holds a total of 9,425 shares of Domtar Corp (USA) which is valued at $372,570. Domtar Corp (USA) makes up approx 0.01% of Boston Advisors’s portfolio.Miller Howard Investments Inc Ny reduced its stake in UFS by selling 79,156 shares or 4.26% in the most recent quarter. The Hedge Fund company now holds 1,780,978 shares of UFS which is valued at $62,102,703. Domtar Corp (USA) makes up approx 1.08% of Miller Howard Investments Inc Ny’s portfolio.

Domtar Corp (USA) closed down -0.11 points or -0.28% at $39.11 with 4,60,946 shares getting traded on Monday. Post opening the session at $39.18, the shares hit an intraday low of $38.89 and an intraday high of $39.62 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Domtar Corp (USA) reported $0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.48 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.13. The company had revenue of $1267.00 million for the quarter, compared to analysts expectations of $1260.44 million. The company’s revenue was down -1.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.61 EPS.

Many Wall Street Analysts have commented on Domtar Corp (USA). Company shares were Reiterated by DA Davidson on Jul 28, 2016 to “Underperform”, Firm has raised the Price Target to $ 32 from a previous price target of $30 .Shares were Downgraded by DA Davidson on Jul 8, 2016 to ” Underperform” and Lowered the Price Target to $ 30 from a previous price target of $42 .

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 operates in two business segments: Pulp and Paper and Personal Care. The Company’s Pulp and Paper segment is engaged in the design manufacturing marketing and distribution of communication papers specialty and packaging papers as well as softwood fluff and hardwood market pulp. The Company’s Personal Care segment is involved in the manufacturing marketing and distribution of absorbent hygiene products. The Company is an integrated marketer and manufacturer of uncoated freesheet paper in North America for a range of customers including merchants retail outlets stationers printers publishers converters and end-users. It is also a marketer and producer of a broad line of incontinence care products.

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