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.
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.
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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