Univar Inc. (UNVR) Holdings Trimmed by Cipher Capital LP

Cipher Capital LP decreased its holdings in Univar Inc. (NYSE:UNVR) by 53.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 43,244 shares of the basic materials company’s stock after selling 49,325 shares during the quarter. Cipher Capital LP’s holdings in Univar were worth $1,251,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of UNVR. SG Americas Securities LLC purchased a new stake in shares of Univar during the 2nd quarter valued at about $122,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Univar by 12.4% during the 2nd 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 during the last quarter. BNP Paribas Arbitrage SA increased its position in shares of Univar by 176.9% during the 2nd 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 during the last quarter. Raymond James Trust N.A. purchased a new stake in shares of Univar during the 3rd quarter valued at about $203,000. Finally, Turner Investments LLC purchased a new stake in shares of Univar during the 2nd quarter valued at about $234,000. 95.12% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts have recently commented on UNVR shares. Jefferies Group LLC reaffirmed a “buy” rating and set a $39.00 price target on shares of Univar in a research report on Friday, September 15th. Zacks Investment Research raised shares of Univar from a “hold” rating to a “buy” rating and set a $34.00 price target for the company in a research report on Tuesday, August 8th. 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. BidaskClub raised shares of Univar from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. Finally, SunTrust Banks, Inc. reaffirmed a “hold” rating on shares of Univar in a research report on Monday, November 6th. Two analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $33.33.

In other Univar news, Director Mark John Byrne sold 50,391 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $29.73, for a total value of $1,498,124.43. Following the completion of the transaction, the director now directly owns 14,494 shares in the company, valued at approximately $430,906.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Christopher D. Pappas purchased 10,000 shares of the company’s stock in a transaction on Wednesday, November 8th. The stock was acquired at an average price of $30.84 per share, with a total value of $308,400.00. Following the completion of the purchase, the director now directly owns 59,840 shares in the company, valued at $1,845,465.60. The disclosure for this purchase can be found here. Insiders own 1.82% of the company’s stock.

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Shares of Univar Inc. (NYSE:UNVR) traded down $0.25 during trading hours on Friday, hitting $29.20. The company had a trading volume of 251,400 shares, compared to its average volume of 861,746. The company has a market cap of $4,112.74, a P/E ratio of 25.17, a PEG ratio of 2.45 and a beta of 1.47. 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 52 week low of $24.25 and a 52 week high of $33.15.

Univar (NYSE:UNVR) last announced its quarterly earnings data on Friday, November 3rd. The basic materials company reported $0.36 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.13. The company had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.97 billion. Univar had a return on equity of 17.30% and a net margin of 0.41%. The firm’s revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.17 EPS. research analysts predict that Univar Inc. will post 1.03 EPS for the current year.

Univar 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.

Institutional Ownership by Quarter for Univar (NYSE:UNVR)

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