Crossmark Global Holdings Inc. grew its stake in Univar Solutions Inc. (NYSE:UNVR) by 4.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 13,150 shares of the basic materials company’s stock after buying an additional 610 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Univar Solutions were worth $222,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in UNVR. Marshall Wace North America L.P. purchased a new stake in Univar Solutions during the first quarter worth approximately $49,000. First Trust Advisors LP grew its holdings in Univar Solutions by 56.6% during the first quarter. First Trust Advisors LP now owns 210,794 shares of the basic materials company’s stock worth $4,671,000 after acquiring an additional 76,161 shares during the period. JPMorgan Chase & Co. grew its holdings in Univar Solutions by 10.3% during the first quarter. JPMorgan Chase & Co. now owns 136,872 shares of the basic materials company’s stock worth $1,467,000 after acquiring an additional 12,828 shares during the period. Victory Capital Management Inc. grew its holdings in Univar Solutions by 7.2% during the first quarter. Victory Capital Management Inc. now owns 23,952 shares of the basic materials company’s stock worth $257,000 after acquiring an additional 1,600 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in Univar Solutions by 34.3% in the first quarter. Principal Financial Group Inc. now owns 13,491 shares of the basic materials company’s stock valued at $145,000 after purchasing an additional 3,447 shares during the last quarter.
UNVR has been the topic of several research reports. Zacks Investment Research lowered Univar Solutions from a “hold” rating to a “strong sell” rating and set a $16.00 target price on the stock. in a report on Friday, October 9th. ValuEngine downgraded Univar Solutions from a “hold” rating to a “sell” rating in a research report on Monday, August 3rd. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $16.50.
NYSE UNVR opened at $18.11 on Friday. The business’s 50-day moving average price is $17.66 and its 200 day moving average price is $16.04. Univar Solutions Inc. has a twelve month low of $6.40 and a twelve month high of $24.77. The company has a market capitalization of $3.06 billion, a PE ratio of 905.95, a price-to-earnings-growth ratio of 1.97 and a beta of 2.05. The company has a current ratio of 1.89, a quick ratio of 1.37 and a debt-to-equity ratio of 1.70.
Univar Solutions (NYSE:UNVR) last released its earnings results on Thursday, August 6th. The basic materials company reported $0.33 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.09. The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.11 billion. Univar Solutions had a return on equity of 12.78% and a net margin of 0.06%. The firm’s revenue for the quarter was down 22.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.42 earnings per share. Equities analysts predict that Univar Solutions Inc. will post 1.09 EPS for the current year.
Univar Solutions Company Profile
Univar Solutions Inc distributes commodity and specialty chemical products, and related services worldwide. It also provides epoxy resins, polyurethanes, titanium dioxide, fumed silica, esters, plasticizers, silicones, and specialty amines; chemicals and service to midstream pipeline and downstream refinery operators; and commodity and specialty products for meat processing, baked goods, dairy, grain mill products, processed foods, carbonated soft drinks, fruit drinks, and alcoholic beverage markets.
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