Univar Inc. (UNVR) Director Christopher D. Pappas Acquires 10,000 Shares of Stock

Univar Inc. (NYSE:UNVR) Director Christopher D. Pappas bought 10,000 shares of the stock in a transaction on Wednesday, November 8th. The shares were bought at an average price of $30.84 per share, for a total transaction of $308,400.00. Following the purchase, the director now directly owns 59,840 shares in the company, valued at approximately $1,845,465.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Univar Inc. (UNVR) opened at $30.13 on Tuesday. The stock has a market cap of $4,362.04, a P/E ratio of 26.70, a P/E/G ratio of 2.60 and a beta of 1.47. Univar Inc. has a fifty-two week low of $23.48 and a fifty-two week high of $33.15. The company has a quick ratio of 1.21, a current ratio of 1.79 and a debt-to-equity ratio of 2.70.

Univar (NYSE:UNVR) last released its earnings results on Friday, November 3rd. The basic materials company reported $0.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.13. Univar had a net margin of 0.41% and a return on equity of 17.30%. The company had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.97 billion. During the same period in the prior year, the firm posted $0.17 EPS. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. analysts predict that Univar Inc. will post 1.03 earnings per share for the current fiscal year.

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Several equities research analysts have recently commented on the stock. Zacks Investment Research raised shares of Univar from a “sell” rating to a “hold” rating in a research report on Wednesday, July 19th. BidaskClub raised shares of Univar from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Barclays PLC upped their price target on shares of Univar from $33.00 to $34.00 and gave the company an “equal weight” rating in a research report on Monday, August 7th. Finally, Credit Suisse Group reduced their price target on shares of Univar from $39.00 to $36.00 and set an “outperform” rating for the company in a research report on Thursday, August 31st. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $33.33.

Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of Univar by 8.3% during the 2nd quarter. Vanguard Group Inc. now owns 8,256,042 shares of the basic materials company’s stock valued at $241,076,000 after acquiring an additional 632,898 shares during the last quarter. BlackRock Inc. boosted its position in shares of Univar by 12.3% during the 2nd quarter. BlackRock Inc. now owns 4,198,710 shares of the basic materials company’s stock valued at $122,603,000 after acquiring an additional 459,808 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of Univar by 5.0% during the 2nd quarter. Franklin Resources Inc. now owns 3,910,216 shares of the basic materials company’s stock valued at $114,157,000 after acquiring an additional 185,186 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Univar by 7.9% during the 2nd quarter. Wells Fargo & Company MN now owns 3,057,839 shares of the basic materials company’s stock valued at $89,288,000 after acquiring an additional 223,229 shares during the last quarter. Finally, Bamco Inc. NY boosted its position in shares of Univar by 5.8% during the 2nd quarter. Bamco Inc. NY now owns 1,825,000 shares of the basic materials company’s stock valued at $53,290,000 after acquiring an additional 100,000 shares during the last quarter. 95.77% of the stock is owned by institutional investors and hedge funds.

About Univar

Univar Inc is a distributor of commodity and specialty chemicals. The Company operates through four segments: Univar USA (USA); Univar Canada (Canada); Univar Europe and the Middle East and Africa (EMEA), and Rest of World. The Company’s USA segment supplies a range of commodity and specialty chemicals, as well as services to a range of end markets, including manufacturing and industrial production sectors in the United States.

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