Univar (NYSE:UNVR) was upgraded by equities researchers at Vertical Research from a “sell” rating to a “hold” rating in a report issued on Tuesday, February 20th.
UNVR has been the topic of several other reports. SunTrust Banks raised Univar from a “hold” rating to a “buy” rating in a report on Tuesday, February 13th. Zacks Investment Research upgraded Univar from a “sell” rating to a “hold” rating and set a $35.00 target price for the company in a research report on Friday, January 12th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. Univar presently has an average rating of “Hold” and an average price target of $32.67.
Univar (NYSE UNVR) traded down $0.47 during mid-day trading on Tuesday, reaching $30.21. The company had a trading volume of 578,322 shares, compared to its average volume of 1,035,298. The company has a current ratio of 1.77, a quick ratio of 1.18 and a debt-to-equity ratio of 2.59. Univar has a one year low of $25.79 and a one year high of $32.53. The company has a market cap of $4,295.63, a price-to-earnings ratio of 35.54, a PEG ratio of 2.07 and a beta of 1.21.
In other Univar news, major shareholder Associates Viii Ltd. Cd&R sold 10,000,000 shares of the stock in a transaction dated Tuesday, December 19th. The shares were sold at an average price of $28.79, for a total value of $287,900,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Dahlia Investments Pte. Ltd. sold 75,587 shares of the stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $31.14, for a total transaction of $2,353,779.18. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 10,093,587 shares of company stock worth $290,814,052. 1.82% of the stock is owned by corporate insiders.
Several large investors have recently bought and sold shares of UNVR. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in shares of Univar by 125.8% during the 4th quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 5,262 shares of the basic materials company’s stock worth $162,000 after purchasing an additional 2,932 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Univar by 45.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,202 shares of the basic materials company’s stock worth $192,000 after acquiring an additional 1,941 shares in the last quarter. Raymond James Trust N.A. acquired a new stake in Univar during the 3rd quarter worth $203,000. Stone Ridge Asset Management LLC acquired a new position in Univar in the fourth quarter valued at $222,000. Finally, Rehmann Capital Advisory Group acquired a new position in Univar in the fourth quarter valued at $223,000. 98.34% of the stock is owned by hedge funds and other institutional investors.
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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.
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