Univar Inc (NYSE:UNVR) Director Christopher D. Pappas acquired 10,000 shares of Univar stock in a transaction dated Thursday, November 8th. The stock was purchased at an average price of $23.11 per share, for a total transaction of $231,100.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of NYSE:UNVR traded down $0.08 during midday trading on Friday, hitting $22.79. The stock had a trading volume of 91,563 shares, compared to its average volume of 1,973,931. The company has a market cap of $3.14 billion, a price-to-earnings ratio of 16.42, a PEG ratio of 1.43 and a beta of 1.41. The company has a quick ratio of 1.08, a current ratio of 1.65 and a debt-to-equity ratio of 2.21. Univar Inc has a 1 year low of $20.08 and a 1 year high of $31.95.
Univar (NYSE:UNVR) last issued its earnings results on Tuesday, November 6th. The basic materials company reported $0.40 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.02). The firm had revenue of $2.13 billion during the quarter, compared to analysts’ expectations of $2.18 billion. Univar had a net margin of 2.30% and a return on equity of 20.20%. The firm’s revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.36 EPS. On average, research analysts forecast that Univar Inc will post 1.6 EPS for the current year.
Several large investors have recently modified their holdings of the company. Iridian Asset Management LLC CT boosted its holdings in shares of Univar by 23.9% in the third quarter. Iridian Asset Management LLC CT now owns 8,450,836 shares of the basic materials company’s stock valued at $259,103,000 after acquiring an additional 1,628,591 shares in the last quarter. BlackRock Inc. boosted its holdings in Univar by 11.8% during the second quarter. BlackRock Inc. now owns 4,942,775 shares of the basic materials company’s stock worth $129,698,000 after buying an additional 521,840 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in Univar by 9.8% during the second quarter. Wells Fargo & Company MN now owns 4,171,595 shares of the basic materials company’s stock worth $109,462,000 after buying an additional 373,454 shares in the last quarter. American Century Companies Inc. purchased a new stake in Univar during the third quarter worth about $50,565,000. Finally, Millennium Management LLC boosted its holdings in Univar by 113.0% during the second quarter. Millennium Management LLC now owns 1,576,688 shares of the basic materials company’s stock worth $41,372,000 after buying an additional 836,522 shares in the last quarter. 90.67% of the stock is currently owned by institutional investors and hedge funds.
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Univar Company Profile
Univar Inc distributes commodity and specialty chemical products, and related services worldwide. It offers herbicides, fungicides, insecticides, seeds, micro and macro nutrients, horticultural products, fertilizers, and feeds; storage, packaging, and logistics services for crop protection companies, storing chemicals, feed-grade materials, and seed and equipment parties; and pest control products and equipment.
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