Univar Inc (NYSE:UNVR) Director Christopher D. Pappas bought 10,000 shares of the business’s stock in a transaction dated Thursday, November 8th. The shares were bought at an average price of $23.11 per share, with a total value of $231,100.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of UNVR stock opened at $22.85 on Friday. 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 twelve month low of $20.08 and a twelve month high of $31.95. The firm has a market cap of $3.14 billion, a P/E ratio of 16.44, a price-to-earnings-growth ratio of 1.43 and a beta of 1.41.
Univar (NYSE:UNVR) last announced its quarterly earnings data on Tuesday, November 6th. The basic materials company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.02). Univar had a return on equity of 20.20% and a net margin of 2.30%. The business had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.18 billion. During the same quarter in the prior year, the company earned $0.36 earnings per share. Univar’s quarterly revenue was up 4.0% compared to the same quarter last year. On average, research analysts expect that Univar Inc will post 1.6 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on the company. Wells Fargo & Co set a $27.00 target price on Univar and gave the company a “buy” rating in a research report on Wednesday. ValuEngine downgraded Univar from a “sell” rating to a “strong sell” rating in a research report on Tuesday. Deutsche Bank restated a “buy” rating and set a $35.00 price objective on shares of Univar in a research report on Friday, September 21st. Berenberg Bank upgraded Univar from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a research report on Tuesday, September 4th. Finally, Barclays dropped their price objective on Univar from $32.00 to $30.00 and set an “equal weight” rating for the company in a research report on Monday, August 6th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Univar presently has an average rating of “Buy” and a consensus price target of $29.40.
Several hedge funds have recently made changes to their positions in UNVR. Chicago Equity Partners LLC bought a new stake in shares of Univar during the 2nd quarter worth $201,000. Jane Street Group LLC bought a new position in Univar in the first quarter valued at about $221,000. NumerixS Investment Technologies Inc raised its position in Univar by 148.6% in the second quarter. NumerixS Investment Technologies Inc now owns 8,700 shares of the basic materials company’s stock valued at $225,000 after purchasing an additional 5,200 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new position in Univar in the third quarter valued at about $245,000. Finally, HM Capital Management LLC bought a new position in Univar in the third quarter valued at about $253,000. Institutional investors and hedge funds own 90.67% of the company’s stock.
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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