California Public Employees Retirement System Has $4.28 Million Position in Univar Inc (UNVR)

California Public Employees Retirement System increased its holdings in Univar Inc (NYSE:UNVR) by 4.6% during the third quarter, Holdings Channel reports. The fund owned 148,038 shares of the basic materials company’s stock after acquiring an additional 6,538 shares during the quarter. California Public Employees Retirement System’s holdings in Univar were worth $4,283,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. SG Americas Securities LLC purchased a new stake in Univar in the 2nd quarter valued at about $122,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Univar by 12.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,261 shares of the basic materials company’s stock valued at $124,000 after buying an additional 469 shares during the last quarter. BNP Paribas Arbitrage SA increased its stake in Univar by 176.9% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,824 shares of the basic materials company’s stock valued at $141,000 after buying an additional 3,082 shares during the last quarter. Raymond James Trust N.A. purchased a new stake in Univar in the 3rd quarter valued at about $203,000. Finally, Dynamic Technology Lab Private Ltd increased its stake in Univar by 13.5% in the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 8,467 shares of the basic materials company’s stock valued at $247,000 after buying an additional 1,004 shares during the last quarter. Institutional investors own 97.72% of the company’s stock.

Several equities research analysts have commented 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. SunTrust Banks reissued a “hold” rating on shares of Univar in a research report on Monday, November 6th. Jefferies Group reissued a “buy” rating and set a $39.00 target price on shares of Univar in a research report on Friday, September 15th. Finally, BidaskClub downgraded shares of Univar from a “hold” rating to a “sell” rating in a research report on Friday, October 13th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $33.33.

In related news, major shareholder Associates Viii Ltd. Cd&R sold 10,000,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of $28.79, for a total value of $287,900,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Christopher D. Pappas acquired 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 8th. The stock was acquired at an average cost of $30.84 per share, with a total value of $308,400.00. Following the completion of the acquisition, the director now owns 59,840 shares in the company, valued at approximately $1,845,465.60. The disclosure for this purchase can be found here. Insiders have sold a total of 10,140,425 shares of company stock valued at $292,020,815 over the last three months. Insiders own 1.82% of the company’s stock.

Univar Inc (UNVR) opened at $31.38 on Thursday. Univar Inc has a 52-week low of $26.80 and a 52-week high of $33.15. The firm has a market cap of $4,420.00 and a P/E ratio of 136.43. The company has a debt-to-equity ratio of 2.70, a quick ratio of 1.21 and a current ratio of 1.79.

Univar (NYSE:UNVR) last released its earnings results on Friday, November 3rd. The basic materials company reported $0.36 earnings per share for the quarter, beating the Zacks’ consensus estimate 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 during the quarter, compared to the consensus estimate of $1.97 billion. During the same period in the prior year, the firm earned $0.17 EPS. The company’s revenue was up 2.5% compared to the same quarter last year. sell-side analysts anticipate that Univar Inc will post 1.03 earnings per share for the current fiscal year.

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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.

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Institutional Ownership by Quarter for Univar (NYSE:UNVR)

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