Univar Inc (NYSE:UNVR) major shareholder Dahlia Investments Pte. Ltd. sold 75,587 shares of Univar stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $31.14, for a total transaction of $2,353,779.18. The sale was disclosed in a document filed with the SEC, which is available at this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Univar Inc (NYSE:UNVR) traded up $0.19 during mid-day trading on Thursday, reaching $31.19. 833,800 shares of the company were exchanged, compared to its average volume of 683,709. The stock has a market capitalization of $4,350.00 and a P/E ratio of 135.61. Univar Inc has a 52-week low of $26.80 and a 52-week high of $33.15. The company has a current ratio of 1.79, a quick ratio of 1.21 and a debt-to-equity ratio of 2.70.
Univar (NYSE:UNVR) last released its quarterly earnings data on Friday, November 3rd. The basic materials company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.13. Univar had a net margin of 0.41% and a return on equity of 17.30%. The firm had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.97 billion. During the same quarter in the previous year, the firm earned $0.17 earnings per share. The firm’s revenue was up 2.5% on a year-over-year basis. analysts predict that Univar Inc will post 1.03 earnings per share for the current year.
Hedge funds and other institutional investors have recently made changes to their positions in the business. SG Americas Securities LLC purchased a new stake in shares of Univar in the second quarter valued at about $122,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Univar by 12.4% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,261 shares of the basic materials company’s stock valued at $124,000 after purchasing an additional 469 shares in the last quarter. BNP Paribas Arbitrage SA lifted its holdings in shares of Univar by 176.9% in the second quarter. BNP Paribas Arbitrage SA now owns 4,824 shares of the basic materials company’s stock valued at $141,000 after purchasing an additional 3,082 shares in the last quarter. Raymond James Trust N.A. purchased a new stake in shares of Univar in the third quarter valued at about $203,000. Finally, Dynamic Technology Lab Private Ltd lifted its holdings in shares of Univar by 13.5% in the second quarter. Dynamic Technology Lab Private Ltd now owns 8,467 shares of the basic materials company’s stock valued at $247,000 after purchasing an additional 1,004 shares in the last quarter. 97.72% of the stock is currently owned by institutional investors.
UNVR has been the topic of a number of recent research reports. SunTrust Banks restated a “hold” rating on shares of Univar in a research note on Monday, November 6th. Zacks Investment Research lowered shares of Univar from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Finally, BidaskClub lowered shares of Univar from a “hold” rating to a “sell” rating in a research note on Friday, October 13th. Two analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $33.50.
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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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