Univar Inc. (UNVR) Shares Bought by BlackRock Inc.

BlackRock Inc. grew its position in shares of Univar Inc. (NYSE:UNVR) by 12.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,198,710 shares of the basic materials company’s stock after purchasing an additional 459,808 shares during the period. BlackRock Inc. owned 2.99% of Univar worth $122,603,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Nationwide Fund Advisors lifted its position in Univar by 2.4% during the second quarter. Nationwide Fund Advisors now owns 468,715 shares of the basic materials company’s stock valued at $13,686,000 after buying an additional 10,957 shares in the last quarter. Ameriprise Financial Inc. lifted its position in Univar by 519.6% during the second quarter. Ameriprise Financial Inc. now owns 912,759 shares of the basic materials company’s stock valued at $26,652,000 after buying an additional 765,448 shares in the last quarter. TIAA CREF Investment Management LLC lifted its position in Univar by 19.0% during the second quarter. TIAA CREF Investment Management LLC now owns 371,639 shares of the basic materials company’s stock valued at $10,852,000 after buying an additional 59,264 shares in the last quarter. Teachers Advisors LLC lifted its position in Univar by 17.3% during the second quarter. Teachers Advisors LLC now owns 739,168 shares of the basic materials company’s stock valued at $21,584,000 after buying an additional 108,879 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in Univar by 7.9% during the second quarter. Wells Fargo & Company MN now owns 3,057,839 shares of the basic materials company’s stock valued at $89,288,000 after buying an additional 223,229 shares in the last quarter. 96.96% of the stock is currently owned by institutional investors and hedge funds.



Univar Inc. (NYSE UNVR) opened at 29.12 on Friday. The firm’s market cap is $4.09 billion. The stock’s 50 day moving average is $28.90 and its 200 day moving average is $28.90. Univar Inc. has a one year low of $20.54 and a one year high of $33.15.

Univar (NYSE:UNVR) last announced its earnings results on Friday, August 4th. The basic materials company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.31 by $0.03. Univar had a positive return on equity of 15.46% and a negative net margin of 0.85%. The company had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.27 billion. During the same quarter in the prior year, the company earned $0.29 EPS. The firm’s revenue for the quarter was down .7% compared to the same quarter last year. On average, equities research analysts expect that Univar Inc. will post $0.90 earnings per share for the current year.

A number of research analysts have weighed in on UNVR shares. Zacks Investment Research lowered shares of Univar from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Credit Suisse Group dropped their price objective on shares of Univar from $39.00 to $36.00 and set an “outperform” rating on the stock in a research note on Thursday, August 31st. BidaskClub lowered shares of Univar from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Barclays PLC restated a “hold” rating and issued a $32.00 price target on shares of Univar in a research note on Thursday, August 31st. Finally, Jefferies Group LLC restated a “buy” rating and issued a $39.00 price target on shares of Univar in a research note on Friday, September 15th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company’s stock. Univar currently has an average rating of “Hold” and a consensus price target of $33.33.

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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.

Institutional Ownership by Quarter for Univar (NYSE:UNVR)

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