Intersect Capital LLC 持有 Resolute Forest Products Inc.（纽约证券交易所代码：RFP）的

Intersect Capital LLC bought a new stake in Resolute Forest Products Inc. (NYSE:RFP – Get Rating) (TSE:RFP) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 14,737 shares of the basic materials company's stock, valued at approximately $188,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Captrust Financial Advisors boosted its holdings in Resolute Forest Products by 146.3% in the first quarter. Captrust Financial Advisors now owns 3,005 shares of the basic materials company's stock valued at $39,000 after acquiring an additional 1,785 shares during the last quarter. Founders Capital Management lifted its stake in shares of Resolute Forest Products by 40.0% during the second quarter. Founders Capital Management now owns 3,500 shares of the basic materials company's stock worth $45,000 after purchasing an additional 1,000 shares in the last quarter. Great West Life Assurance Co. Can lifted its stake in shares of Resolute Forest Products by 64.7% during the first quarter. Great West Life Assurance Co. Can now owns 3,749 shares of the basic materials company's stock worth $51,000 after purchasing an additional 1,473 shares in the last quarter. Toronto Dominion Bank lifted its stake in shares of Resolute Forest Products by 16,255.2% during the second quarter. Toronto Dominion Bank now owns 4,743 shares of the basic materials company's stock worth $61,000 after purchasing an additional 4,714 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Resolute Forest Products during the second quarter worth about $78,000. Institutional investors and hedge funds own 90.49% of the company's stock.

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Wall Street Analysts Forecast Growth

RFP has been the topic of a number of recent research reports. StockNews.com upgraded Resolute Forest Products from a "buy" rating to a "strong-buy" rating in a research note on Monday, November 7th. Royal Bank of Canada cut Resolute Forest Products from an "outperform" rating to a "sector perform" rating and set a $23.00 price target on the stock. in a research note on Tuesday, October 18th. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $21.67.

Insider Buying and Selling

In related news, SVP Richard Joseph Tremblay sold 10,930 shares of the business's stock in a transaction dated Friday, December 2nd. The stock was sold at an average price of $21.16, for a total value of $231,278.80. Following the completion of the sale, the senior vice president now directly owns 187,140 shares of the company's stock, valued at $3,959,882.40. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, insider Hugues Simon sold 4,853 shares of the business's stock in a transaction dated Monday, November 28th. The stock was sold at an average price of $21.17, for a total value of $102,738.01. Following the completion of the sale, the insider now directly owns 60,764 shares of the company's stock, valued at $1,286,373.88. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Richard Joseph Tremblay sold 10,930 shares of the business's stock in a transaction dated Friday, December 2nd. The shares were sold at an average price of $21.16, for a total value of $231,278.80. Following the completion of the sale, the senior vice president now directly owns 187,140 shares of the company's stock, valued at $3,959,882.40. The disclosure for this sale can be found here. Insiders own 1.30% of the company's stock.

Resolute Forest Products Stock Performance

NYSE:RFP opened at $21.05 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.70 and a current ratio of 2.91. Resolute Forest Products Inc. has a one year low of $11.00 and a one year high of $21.25. The business's 50-day simple moving average is $20.93 and its 200 day simple moving average is $19.34. The stock has a market cap of $1.62 billion, a price-to-earnings ratio of 3.87 and a beta of 2.57.

About Resolute Forest Products

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Resolute Forest Products Inc, together with its subsidiaries, operates in the forest products industry in the United States, Canada, Mexico, and internationally. The company operates through four segments: Market Pulp, Tissue, Wood Products, and Paper. The Market Pulp segment offers virgin and recycled bleached Kraft pulp, which is used to make a range of consumer products, including tissue, packaging, specialty paper products, diapers, and other absorbent products.

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