JPMorgan Chase & Co. grew its holdings in shares of Univar Inc (NYSE:UNVR) by 94.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,428 shares of the basic materials company’s stock after buying an additional 15,255 shares during the period. JPMorgan Chase & Co.’s holdings in Univar were worth $909,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Cambridge Investment Research Advisors Inc. raised its position in shares of Univar by 0.3% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 8,825 shares of the basic materials company’s stock worth $258,000 after purchasing an additional 30 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Univar by 12.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,261 shares of the basic materials company’s stock worth $124,000 after purchasing an additional 469 shares during the last quarter. Dynamic Technology Lab Private Ltd raised its position in shares of Univar by 13.5% in the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 8,467 shares of the basic materials company’s stock worth $247,000 after purchasing an additional 1,004 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of Univar by 17.5% in the 2nd quarter. PNC Financial Services Group Inc. now owns 9,493 shares of the basic materials company’s stock worth $276,000 after purchasing an additional 1,413 shares during the last quarter. Finally, Cubist Systematic Strategies LLC raised its position in shares of Univar by 3.9% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 45,038 shares of the basic materials company’s stock worth $1,315,000 after purchasing an additional 1,685 shares during the last quarter. Hedge funds and other institutional investors own 97.72% of the company’s stock.

In other Univar news, Director Mark John Byrne sold 50,391 shares of the business’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $29.73, for a total value of $1,498,124.43. Following the completion of the transaction, the director now owns 14,494 shares of the company’s stock, valued at approximately $430,906.62. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Associates Viii Ltd. Cd&R sold 10,000,000 shares of the business’s stock in a transaction dated 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. In the last three months, insiders sold 10,140,425 shares of company stock valued at $292,020,815. 1.82% of the stock is owned by insiders.

Univar Inc (UNVR) opened at $31.65 on Friday. Univar Inc has a 52-week low of $26.80 and a 52-week high of $33.15. The company has a debt-to-equity ratio of 2.70, a current ratio of 1.79 and a quick ratio of 1.21. The firm has a market capitalization of $4,460.00 and a PE ratio of 137.61.

Univar (NYSE:UNVR) last issued its earnings results on Friday, November 3rd. The basic materials company reported $0.36 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.23 by $0.13. Univar had a return on equity of 17.30% and a net margin of 0.41%. The business had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.97 billion. During the same quarter in the previous year, the firm earned $0.17 EPS. Univar’s revenue was up 2.5% on a year-over-year basis. equities analysts forecast that Univar Inc will post 1.03 earnings per share for the current year.

UNVR has been the subject of several recent analyst reports. Zacks Investment Research lowered Univar from a “hold” rating to a “sell” rating in a research report on Tuesday, October 10th. SunTrust Banks reaffirmed a “hold” rating on shares of Univar in a research report on Monday, November 6th. Finally, BidaskClub lowered Univar from a “hold” rating to a “sell” rating in a research report on Friday, October 13th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $33.50.

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Univar 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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Institutional Ownership by Quarter for Univar (NYSE:UNVR)

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