Dahlia Investments Pte. Ltd. Sells 75,587 Shares of Univar Inc (UNVR) Stock
Univar Inc (NYSE:UNVR) major shareholder Dahlia Investments Pte. Ltd. sold 75,587 shares of the stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $31.14, for a total transaction of $2,353,779.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Univar Inc (NYSE UNVR) opened at $30.57 on Friday. Univar Inc has a one year low of $26.80 and a one year high of $33.15. The firm has a market cap of $4,310.00 and a P/E ratio of 132.91. The company has a current ratio of 1.79, a quick ratio of 1.21 and a debt-to-equity ratio of 2.70.
Univar (NYSE:UNVR) last announced its earnings results on Friday, November 3rd. The basic materials company reported $0.36 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.13. Univar had a net margin of 0.41% and a return on equity of 17.30%. The business had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.97 billion. During the same quarter last year, the firm earned $0.17 earnings per share. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. equities research analysts expect that Univar Inc will post 1.03 EPS for the current fiscal year.
UNVR has been the subject of a number of research reports. Zacks Investment Research downgraded shares of Univar from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. SunTrust Banks reissued a “hold” rating on shares of Univar in a research note on Monday, November 6th. Finally, BidaskClub downgraded shares of Univar from a “hold” rating to a “sell” rating in a research note on Friday, October 13th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. Univar presently has an average rating of “Hold” and a consensus price target of $33.50.
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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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