Park Presidio Capital LLC Has $22.18 Million Holdings in Univar Inc (UNVR)
Park Presidio Capital LLC decreased its position in shares of Univar Inc (NYSE:UNVR) by 16.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,250,000 shares of the basic materials company’s stock after selling 250,000 shares during the quarter. Univar comprises approximately 2.8% of Park Presidio Capital LLC’s investment portfolio, making the stock its 15th largest position. Park Presidio Capital LLC owned approximately 0.88% of Univar worth $22,175,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in UNVR. Baupost Group LLC MA raised its holdings in 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 last quarter. Iridian Asset Management LLC CT raised its holdings in 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 last quarter. Marathon Asset Management LLP bought a new position in Univar during the 4th quarter worth approximately $12,966,000. Marshall Wace LLP bought a new position in Univar during the 3rd quarter worth approximately $22,222,000. Finally, Deutsche Bank AG raised its holdings in Univar by 79.7% during the 3rd quarter. Deutsche Bank AG now owns 1,172,816 shares of the basic materials company’s stock worth $35,957,000 after purchasing an additional 520,311 shares during the last quarter.
UNVR has been the subject of several analyst reports. Berenberg Bank set a $27.00 price target on shares of Univar and gave the stock a “buy” rating in a report on Friday, November 23rd. TheStreet lowered shares of Univar from a “b-” rating to a “c+” rating in a report on Tuesday, December 4th. Wells Fargo & Co lowered their price target on shares of Univar from $27.00 to $23.00 and set an “outperform” rating for the company in a report on Friday, December 21st. Vertical Research upgraded shares of Univar from a “hold” rating to a “buy” rating in a report on Thursday, January 3rd. Finally, Zacks Investment Research upgraded shares of Univar from a “sell” rating to a “hold” rating in a report on Monday, January 14th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $29.80.
Univar (NYSE:UNVR) last released its quarterly earnings data on Friday, February 8th. The basic materials company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.01. The company had revenue of $1.97 billion during the quarter, compared to analyst estimates of $2.01 billion. Univar had a net margin of 2.00% and a return on equity of 19.35%. Univar’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.34 EPS. Analysts forecast that Univar Inc will post 1.47 EPS for the current fiscal year.
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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, and fertilizers; storage, packaging, and logistics services for crop protection companies; and pest control products and equipment.
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