Univar Inc (UNVR) Receives Average Rating of “Hold” from Analysts

Shares of Univar Inc (NYSE:UNVR) have been given a consensus rating of “Hold” by the eight analysts that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $33.20.

A number of equities analysts have recently weighed in on the company. Zacks Investment Research upgraded Univar from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th. BidaskClub upgraded Univar from a “sell” rating to a “hold” rating in a research note on Thursday, October 5th. Jefferies Group reiterated a “buy” rating and set a $39.00 target price on shares of Univar in a research note on Friday, September 15th. Finally, SunTrust Banks reiterated a “hold” rating on shares of Univar in a research note on Monday, November 6th.

Univar (NYSE UNVR) opened at $31.58 on Friday. The company has a current ratio of 1.79, a quick ratio of 1.21 and a debt-to-equity ratio of 2.70. The firm has a market capitalization of $4,450.00 and a PE ratio of 137.30. Univar has a 52-week low of $26.80 and a 52-week high of $33.15.

Univar (NYSE:UNVR) last issued its quarterly earnings results on Friday, November 3rd. The basic materials company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.23 by $0.13. The firm had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.97 billion. Univar had a return on equity of 17.30% and a net margin of 0.41%. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.17 earnings per share. research analysts anticipate that Univar will post 1.03 EPS for the current fiscal year.

In related news, Director Mark John Byrne sold 90,034 shares of the stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $29.13, for a total transaction of $2,622,690.42. Following the sale, the director now owns 63,994 shares of the company’s stock, valued at $1,864,145.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Associates Viii Ltd. Cd&R sold 10,000,000 shares of the stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $28.79, for a total value of $287,900,000.00. The disclosure for this sale can be found here. Insiders have sold 10,140,425 shares of company stock worth $292,020,815 in the last three months. 1.82% of the stock is currently owned by company insiders.

A number of large investors have recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. grew its position in Univar by 0.3% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 8,825 shares of the basic materials company’s stock worth $258,000 after buying an additional 30 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Univar by 12.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,261 shares of the basic materials company’s stock worth $124,000 after buying an additional 469 shares in the last quarter. Dynamic Technology Lab Private Ltd grew its position in Univar by 13.5% during the second quarter. Dynamic Technology Lab Private Ltd now owns 8,467 shares of the basic materials company’s stock worth $247,000 after buying an additional 1,004 shares in the last quarter. PNC Financial Services Group Inc. grew its position in Univar by 17.5% during the second quarter. PNC Financial Services Group Inc. now owns 9,493 shares of the basic materials company’s stock worth $276,000 after buying an additional 1,413 shares in the last quarter. Finally, Cubist Systematic Strategies LLC grew its position in Univar by 3.9% during the second quarter. Cubist Systematic Strategies LLC now owns 45,038 shares of the basic materials company’s stock worth $1,315,000 after buying an additional 1,685 shares in the last quarter. 97.72% of the stock is currently owned by institutional investors and hedge funds.

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Univar Company 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.

Analyst Recommendations for Univar (NYSE:UNVR)

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