What after David Walker’s Insider Sale of PennyMac Financial Services, Inc. (PFSI) Stock?; Domtar (UFS)’s Sentiment Is 1.51

Domtar Corporation (NYSE:UFS) Logo

Domtar Corp (UFS) investors sentiment increased to 1.51 in Q4 2017. It’s up 0.34, from 1.17 in 2017Q3. The ratio has increased, as 142 hedge funds started new or increased holdings, while 94 decreased and sold their equity positions in Domtar Corp. The hedge funds in our database now have: 56.70 million shares, up from 55.74 million shares in 2017Q3. Also, the number of hedge funds holding Domtar Corp in top ten holdings was flat from 3 to 3 for the same number . Sold All: 15 Reduced: 79 Increased: 89 New Position: 53.

Qv Investors Inc. holds 13.84% of its portfolio in Domtar Corporation for 2.81 million shares. Rock Point Advisors Llc owns 208,745 shares or 4.82% of their US portfolio. Moreover, Fairpointe Capital Llc has 3.2% invested in the company for 3.43 million shares. The Massachusetts-based Colrain Capital Llc has invested 2.33% in the stock. Hillsdale Investment Management Inc., a Ontario – Canada-based fund reported 188,700 shares.

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 $2.97 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.

The stock increased 1.29% or $0.6 during the last trading session, reaching $47.24. About 613,415 shares traded. Domtar Corporation (UFS) has risen 15.04% since May 17, 2017 and is uptrending. It has outperformed by 3.49% the S&P500.

Since January 1, 0001, it had 0 buys, and 6 sales for $6.65 million activity.

Analysts await Domtar Corporation (NYSE:UFS) to report earnings on July, 27. They expect $0.62 earnings per share, up 1.64% or $0.01 from last year’s $0.61 per share. UFS’s profit will be $38.95 million for 19.05 P/E if the $0.62 EPS becomes a reality. After $0.88 actual earnings per share reported by Domtar Corporation for the previous quarter, Wall Street now forecasts -29.55% negative EPS growth.

More news for Domtar Corporation (NYSE:UFS) were recently published by: Seekingalpha.com, which released: “Domtar Corporation 2018 Q1 – Results – Earnings Call Slides” on May 01, 2018. Businesswire.com‘s article titled: “Domtar Corporation & Nonprofit Partner, First Book, Give Grant for New Books to Riverview Elementary in Fort Mill, SC” and published on May 15, 2018 is yet another important article.

More recent PennyMac Financial Services, Inc. (NYSE:PFSI) news were published by: Streetinsider.com which released: “Omega’s 13F Shows Increase in Ocwen (OCN), Synchrony (SYF), United (UAL), Exits Zynga (ZNGA) (More..)” on May 15, 2018. Also Benzinga.com published the news titled: “Benzinga’s Top Upgrades, Downgrades For May 7, 2018” on May 07, 2018. Businesswire.com‘s news article titled: “PennyMac Financial Services, Inc. Reports First Quarter 2018 Results” with publication date: May 03, 2018 was also an interesting one.

It closed at $20.4 lastly. It is down 37.69% since May 17, 2017 and is uptrending. It has outperformed by 26.14% the S&P500.

As discovered in an electronic form that was submitted to the Washington-based SEC on May 16, 2018, David Walker an insider in Pennymac Financial Services Inc and currently Chief Risk Officer, made a sale of shares worth $206,095 US Dollars in the ‘s company. He sold 10,000 shares, at average $20.6 per share. This is not his first insider trade, in the last 30 days, he sold another 40,652 shares worth $841,578 USD. David Walker currently owns 32,130 shares or 0.04% of Pennymac Financial Services Inc’s market cap.

Since December 8, 2017, it had 0 insider purchases, and 60 sales for $16.71 million activity. Fartaj Vandad also sold $14,784 worth of PennyMac Financial Services, Inc. (NYSE:PFSI) shares. Jones Doug also sold $112,396 worth of PennyMac Financial Services, Inc. (NYSE:PFSI) shares. Another trade for 5,000 shares valued at $113,251 was sold by Grogin Jeffrey. Shares for $4,040 were sold by Hendry Gregory L. Botein Matthew also sold $233,516 worth of PennyMac Financial Services, Inc. (NYSE:PFSI) on Thursday, February 15. On Tuesday, May 8 Walker David M sold $209,618 worth of PennyMac Financial Services, Inc. (NYSE:PFSI) or 10,326 shares. MCCALLION ANNE sold $236,750 worth of PennyMac Financial Services, Inc. (NYSE:PFSI) on Thursday, January 4.

Among 12 analysts covering PennyMac Financial Services (NYSE:PFSI), 7 have Buy rating, 1 Sell and 4 Hold. Therefore 58% are positive. PennyMac Financial Services has $31.0 highest and $14 lowest target. $21.70’s average target is 6.37% above currents $20.4 stock price. PennyMac Financial Services had 33 analyst reports since December 10, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Compass Point on Wednesday, September 28. Piper Jaffray maintained PennyMac Financial Services, Inc. (NYSE:PFSI) on Friday, November 3 with “Buy” rating. The firm has “Overweight” rating given on Thursday, December 10 by Barclays Capital. The firm has “Neutral” rating by Bank of America given on Wednesday, September 28. The rating was maintained by Piper Jaffray on Sunday, November 12 with “Buy”. The firm has “Neutral” rating by Goldman Sachs given on Wednesday, January 13. The rating was downgraded by JMP Securities to “Mkt Perform” on Wednesday, February 8. The rating was upgraded by Wood to “Outperform” on Monday, May 7. The company was maintained on Thursday, January 4 by Piper Jaffray. The stock of PennyMac Financial Services, Inc. (NYSE:PFSI) earned “Overweight” rating by Piper Jaffray on Friday, September 9.

Analysts await PennyMac Financial Services, Inc. (NYSE:PFSI) to report earnings on August, 2. They expect $0.74 earnings per share, up 68.18% or $0.30 from last year’s $0.44 per share. PFSI’s profit will be $58.08M for 6.89 P/E if the $0.74 EPS becomes a reality. After $0.67 actual earnings per share reported by PennyMac Financial Services, Inc. for the previous quarter, Wall Street now forecasts 10.45% EPS growth.

Domtar Corporation (NYSE:UFS) Institutional Positions Chart