Caxton Associates LP lessened its holdings in shares of Univar Inc (NYSE:UNVR) by 62.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 100,000 shares of the basic materials company’s stock after selling 165,000 shares during the period. Caxton Associates LP owned 0.07% of Univar worth $3,096,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. grew its holdings in shares of Univar by 3.8% in the 4th quarter. BlackRock Inc. now owns 4,217,975 shares of the basic materials company’s stock valued at $130,588,000 after buying an additional 155,907 shares during the period. Wells Fargo & Company MN grew its holdings in shares of Univar by 29.4% in the 4th quarter. Wells Fargo & Company MN now owns 3,902,833 shares of the basic materials company’s stock valued at $120,832,000 after buying an additional 887,218 shares during the period. Bamco Inc. NY grew its holdings in shares of Univar by 10.0% in the 4th quarter. Bamco Inc. NY now owns 2,750,000 shares of the basic materials company’s stock valued at $85,140,000 after buying an additional 250,000 shares during the period. Baird Financial Group Inc. grew its holdings in shares of Univar by 215.8% in the 4th quarter. Baird Financial Group Inc. now owns 1,439,424 shares of the basic materials company’s stock valued at $44,565,000 after buying an additional 983,564 shares during the period. Finally, Victory Capital Management Inc. grew its holdings in shares of Univar by 0.3% in the 4th quarter. Victory Capital Management Inc. now owns 1,371,246 shares of the basic materials company’s stock valued at $42,454,000 after buying an additional 3,847 shares during the period. 98.34% of the stock is owned by hedge funds and other institutional investors.
Shares of Univar Inc (NYSE:UNVR) traded up $0.07 during midday trading on Friday, reaching $29.68. 906,672 shares of the company were exchanged, compared to its average volume of 1,214,321. The firm has a market cap of $4,178.50, a price-to-earnings ratio of 34.92, a PEG ratio of 2.02 and a beta of 1.21. The company has a debt-to-equity ratio of 2.59, a quick ratio of 1.18 and a current ratio of 1.77. Univar Inc has a 12-month low of $25.79 and a 12-month high of $32.53.
Univar (NYSE:UNVR) last announced its earnings results on Wednesday, February 28th. The basic materials company reported $0.34 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.09. The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.85 billion. Univar had a net margin of 1.45% and a return on equity of 17.25%. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.25 EPS. analysts expect that Univar Inc will post 1.72 earnings per share for the current fiscal year.
UNVR has been the subject of several research analyst reports. Zacks Investment Research lowered shares of Univar from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. Deutsche Bank set a $34.00 price target on shares of Univar and gave the company a “hold” rating in a report on Wednesday, March 7th. Vertical Research raised shares of Univar from a “sell” rating to a “hold” rating in a report on Tuesday, February 20th. Finally, SunTrust Banks raised shares of Univar from a “hold” rating to a “buy” rating in a research note on Tuesday, February 13th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $32.67.
In other Univar news, major shareholder Associates Viii Ltd. Cd&R sold 10,000,000 shares of the business’s stock in a transaction dated Tuesday, December 19th. The shares were sold at an average price of $28.79, for a total transaction of $287,900,000.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Dahlia Investments Pte. Ltd. sold 2,015 shares of the business’s stock in a transaction dated Friday, January 19th. The stock was sold at an average price of $31.12, for a total transaction of $62,706.80. The disclosure for this sale can be found here. Insiders have sold a total of 10,093,587 shares of company stock worth $290,814,052 over the last three months. Insiders own 1.82% of the company’s stock.
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Univar Company Profile
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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