Zimmer Partners LP Invests $10.95 Million in Univar Inc (UNVR) Stock

Zimmer Partners LP bought a new position in shares of Univar Inc (NYSE:UNVR) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 394,453 shares of the basic materials company’s stock, valued at approximately $10,946,000. Zimmer Partners LP owned 0.28% of Univar at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of UNVR. Point72 Asia Hong Kong Ltd bought a new stake in Univar during the 1st quarter worth approximately $109,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings 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 during the period. Jane Street Group LLC bought a new stake in Univar during the 1st quarter worth approximately $221,000. Stone Ridge Asset Management LLC bought a new stake in Univar during the 4th quarter worth approximately $222,000. Finally, Rehmann Capital Advisory Group bought a new stake in Univar during the 4th quarter worth approximately $223,000. 92.34% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts recently weighed in on UNVR shares. Zacks Investment Research lowered shares of Univar from a “buy” rating to a “hold” rating in a report on Tuesday, February 27th. ValuEngine lowered shares of Univar from a “hold” rating to a “sell” rating in a report on Monday, April 2nd. Deutsche Bank set a $34.00 target price on shares of Univar and gave the stock a “hold” rating in a report on Wednesday, March 7th. TheStreet raised shares of Univar from a “c+” rating to a “b-” rating in a report on Monday, April 2nd. Finally, Vertical Research raised shares of Univar from a “sell” rating to a “hold” rating in a report on Tuesday, February 20th. Three analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $32.67.



Shares of Univar opened at $27.74 on Friday, Marketbeat.com reports. The firm has a market capitalization of $3.90 billion, a PE ratio of 19.96, a P/E/G ratio of 1.60 and a beta of 1.19. Univar Inc has a one year low of $25.79 and a one year high of $31.95. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.09 and a current ratio of 1.73.

Univar (NYSE:UNVR) last issued its quarterly earnings results on Thursday, May 10th. The basic materials company reported $0.42 EPS for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.04. The firm had revenue of $2.16 billion for the quarter, compared to analyst estimates of $2.12 billion. Univar had a net margin of 1.93% and a return on equity of 19.20%. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.16 EPS. research analysts expect that Univar Inc will post 1.76 EPS for the current fiscal year.

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.

Institutional Ownership by Quarter for Univar (NYSE:UNVR)

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