MRJ Capital Inc. bought a new position in shares of Univar Inc (NYSE:UNVR) in the first quarter, Holdings Channel reports. The firm bought 78,200 shares of the basic materials company’s stock, valued at approximately $1,732,000.

Several other large investors have also recently modified their holdings of the company. Iridian Asset Management LLC CT grew its holdings in shares of Univar by 29.8% during the 4th quarter. Iridian Asset Management LLC CT now owns 10,971,291 shares of the basic materials company’s stock worth $194,631,000 after purchasing an additional 2,520,455 shares during the period. Baupost Group LLC MA grew its holdings in shares of Univar by 436.4% during the 4th quarter. Baupost Group LLC MA now owns 9,500,000 shares of the basic materials company’s stock worth $168,530,000 after purchasing an additional 7,728,900 shares during the period. BlackRock Inc. grew its holdings in shares of Univar by 3.2% during the 4th quarter. BlackRock Inc. now owns 4,811,404 shares of the basic materials company’s stock worth $85,354,000 after purchasing an additional 147,168 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in shares of Univar by 3.9% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,300,259 shares of the basic materials company’s stock worth $76,286,000 after purchasing an additional 161,521 shares during the period. Finally, Norges Bank purchased a new stake in shares of Univar during the 4th quarter worth about $71,288,000. Institutional investors and hedge funds own 88.97% of the company’s stock.

In related news, Director Christopher D. Pappas purchased 10,000 shares of the firm’s stock in a transaction on Monday, May 13th. The stock was purchased at an average price of $22.41 per share, for a total transaction of $224,100.00. Following the acquisition, the director now directly owns 11,911 shares in the company, valued at $266,925.51. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.50% of the stock is owned by corporate insiders.

A number of analysts have recently issued reports on UNVR shares. Zacks Investment Research upgraded Univar from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 29th. ValuEngine upgraded Univar from a “strong sell” rating to a “sell” rating in a report on Monday, February 4th. Barclays restated a “hold” rating and issued a $24.00 price target on shares of Univar in a report on Monday, February 11th. Wells Fargo & Co set a $30.00 price target on Univar and gave the stock an “outperform” rating in a report on Tuesday, March 5th. Finally, Berenberg Bank cut Univar from a “buy” rating to a “hold” rating and decreased their price target for the stock from $27.00 to $25.00 in a report on Wednesday, April 17th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $28.25.

NYSE UNVR opened at $21.90 on Tuesday. The company has a market capitalization of $3.76 billion, a price-to-earnings ratio of 13.52, a P/E/G ratio of 1.48 and a beta of 1.55. Univar Inc has a fifty-two week low of $16.33 and a fifty-two week high of $31.23. The company has a debt-to-equity ratio of 2.07, a current ratio of 2.04 and a quick ratio of 1.04.

Univar (NYSE:UNVR) last released its quarterly earnings results on Thursday, May 9th. The basic materials company reported $0.33 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.23 by $0.10. The firm had revenue of $2.16 billion during the quarter, compared to analysts’ expectations of $2.28 billion. Univar had a return on equity of 16.35% and a net margin of 0.50%. Univar’s quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.42 EPS. As a group, sell-side analysts forecast that Univar Inc will post 1.62 earnings per share for the current fiscal year.

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About Univar

Univar Inc distributes commodity and specialty chemical products, and related services worldwide. It offers herbicides, fungicides, insecticides, seeds, micro and macro nutrients, horticultural products, and fertilizers; storage, packaging, and logistics services for crop protection companies; and pest control products and equipment.

Further Reading: P/E Growth (PEG)

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Institutional Ownership by Quarter for Univar (NYSE:UNVR)

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