Univar Inc. (NYSE:UNVR) Director Mark John Byrne sold 50,391 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $29.73, for a total value of $1,498,124.43. Following the transaction, the director now directly owns 14,494 shares of the company’s stock, valued at approximately $430,906.62. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Univar Inc. (UNVR) traded up $0.46 on Friday, reaching $29.38. The company’s stock had a trading volume of 879,000 shares, compared to its average volume of 867,405. 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 Inc. has a 1-year low of $24.17 and a 1-year high of $33.15. The stock has a market cap of $4,080.00 and a P/E ratio of 24.93.
Univar (NYSE:UNVR) last issued its earnings results on Friday, November 3rd. The basic materials company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.23 by $0.13. Univar had a return on equity of 17.30% and a net margin of 0.41%. The business had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.97 billion. During the same period last year, the business posted $0.17 EPS. The company’s revenue was up 2.5% compared to the same quarter last year. equities analysts expect that Univar Inc. will post 1.03 earnings per share for the current fiscal year.
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A number of research analysts recently weighed in on UNVR shares. BidaskClub raised Univar from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Barclays PLC raised their price objective on Univar from $33.00 to $34.00 and gave the company an “equal weight” rating in a research report on Monday, August 7th. Zacks Investment Research raised Univar from a “hold” rating to a “buy” rating and set a $34.00 price objective for the company in a research report on Tuesday, August 8th. Credit Suisse Group reduced their price objective on Univar from $39.00 to $36.00 and set an “outperform” rating for the company in a research report on Thursday, August 31st. Finally, Jefferies Group LLC reaffirmed a “buy” rating and set a $39.00 price objective on shares of Univar in a research report on Friday, September 15th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $33.33.
A number of institutional investors and hedge funds have recently modified their holdings of UNVR. SG Americas Securities LLC purchased a new position in shares of Univar in the 2nd quarter worth $122,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Univar by 12.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,261 shares of the basic materials company’s stock worth $124,000 after buying an additional 469 shares during the last quarter. BNP Paribas Arbitrage SA boosted its stake in shares of Univar by 176.9% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,824 shares of the basic materials company’s stock worth $141,000 after buying an additional 3,082 shares during the last quarter. Raymond James Trust N.A. purchased a new position in shares of Univar in the 3rd quarter worth $203,000. Finally, Turner Investments LLC purchased a new position in shares of Univar in the 2nd quarter worth $234,000. Institutional investors and hedge funds own 95.77% of the company’s stock.
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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