Univar Inc (UNVR) Director Purchases $231,100.00 in Stock

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.

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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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