Univar Inc (NYSE:UNVR) Director Kerry J. Preete acquired 8,250 shares of the business’s stock in a transaction on Monday, September 24th. The shares were purchased at an average price of $30.24 per share, with a total value of $249,480.00. Following the transaction, the director now owns 7,933 shares in the company, valued at approximately $239,893.92. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of UNVR opened at $30.56 on Tuesday. The company has a quick ratio of 1.08, a current ratio of 1.65 and a debt-to-equity ratio of 2.21. The stock has a market capitalization of $4.38 billion, a PE ratio of 21.99, a P/E/G ratio of 1.89 and a beta of 1.20. Univar Inc has a 52-week low of $25.54 and a 52-week high of $31.95.

Univar (NYSE:UNVR) last announced its quarterly earnings results on Wednesday, August 1st. The basic materials company reported $0.47 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.48 by ($0.01). The company had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.37 billion. Univar had a net margin of 2.19% and a return on equity of 19.85%. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.22 EPS. equities research analysts forecast that Univar Inc will post 1.69 EPS for the current fiscal year.

UNVR has been the subject of a number of analyst reports. ValuEngine downgraded shares of Univar from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 2nd. Berenberg Bank upgraded shares of Univar from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a research report on Tuesday, September 4th. Zacks Investment Research downgraded shares of Univar from a “buy” rating to a “hold” rating in a research report on Monday, July 16th. Goldman Sachs Group upgraded shares of Univar from a “buy” rating to a “conviction-buy” rating in a report on Thursday, August 2nd. Finally, Barclays cut their price target on shares of Univar from $32.00 to $30.00 and set an “equal weight” rating for the company in a report on Monday, August 6th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $30.00.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Schroder Investment Management Group increased its holdings in shares of Univar by 27.6% in the 2nd quarter. Schroder Investment Management Group now owns 685,022 shares of the basic materials company’s stock valued at $17,708,000 after purchasing an additional 148,283 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Univar by 137.6% in the 2nd quarter. Jane Street Group LLC now owns 18,876 shares of the basic materials company’s stock valued at $495,000 after purchasing an additional 10,930 shares in the last quarter. Putnam Investments LLC purchased a new position in shares of Univar in the 2nd quarter valued at about $2,350,000. Millennium Management LLC increased its holdings in shares of Univar by 113.0% in the 2nd quarter. Millennium Management LLC now owns 1,576,688 shares of the basic materials company’s stock valued at $41,372,000 after purchasing an additional 836,522 shares in the last quarter. Finally, Soapstone Management L.P. grew its stake in Univar by 66.7% in the 2nd quarter. Soapstone Management L.P. now owns 1,000,000 shares of the basic materials company’s stock valued at $26,240,000 after acquiring an additional 400,000 shares during the last quarter. Institutional investors and hedge funds own 91.47% of the company’s stock.

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.

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Insider Buying and Selling by Quarter for Univar (NYSE:UNVR)

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