Univar (UNVR) Downgraded by TheStreet to “C+”
A number of other analysts also recently weighed in on the stock. Berenberg Bank set a $27.00 price target on shares of Univar and gave the company a buy rating in a research report on Friday, November 23rd. Wells Fargo & Co set a $27.00 price target on shares of Univar and gave the company a buy rating in a research report on Wednesday, November 7th. ValuEngine downgraded shares of Univar from a sell rating to a strong sell rating in a research report on Tuesday, November 6th. Deutsche Bank reiterated a buy rating and issued a $35.00 price target on shares of Univar in a research report on Friday, September 21st. Finally, Barclays cut their price target on shares of Univar from $32.00 to $30.00 and set an equal weight rating on the stock in a research report on Monday, August 6th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. Univar currently has a consensus rating of Buy and a consensus price target of $30.00.
Shares of NYSE:UNVR opened at $19.89 on Tuesday. The company has a market capitalization of $2.89 billion, a P/E ratio of 14.31, a PEG ratio of 1.10 and a beta of 1.37. The company has a debt-to-equity ratio of 2.07, a quick ratio of 1.14 and a current ratio of 1.77. Univar has a fifty-two week low of $19.47 and a fifty-two week high of $31.95.
In other news, Director Kerry J. Preete bought 8,250 shares of the firm’s stock in a transaction that occurred on Monday, September 24th. The stock was acquired at an average cost of $30.24 per share, with a total value of $249,480.00. Following the completion of the purchase, the director now owns 7,933 shares of the company’s stock, valued at $239,893.92. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Jeffrey W. Carr bought 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 8th. The stock was purchased at an average cost of $23.29 per share, with a total value of $34,935.00. The disclosure for this purchase can be found here. Insiders have bought a total of 22,750 shares of company stock valued at $584,575 over the last ninety days. Company insiders own 1.82% of the company’s stock.
Large investors have recently added to or reduced their stakes in the stock. Chicago Equity Partners LLC bought a new position in shares of Univar in the second quarter valued at $201,000. NumerixS Investment Technologies Inc grew its stake in shares of Univar by 148.6% in the second quarter. NumerixS Investment Technologies Inc now owns 8,700 shares of the basic materials company’s stock valued at $225,000 after buying an additional 5,200 shares in the last quarter. Campbell & CO Investment Adviser LLC bought a new position in shares of Univar in the third quarter valued at $245,000. HM Capital Management LLC bought a new position in shares of Univar in the third quarter valued at $253,000. Finally, Quantitative Systematic Strategies LLC bought a new position in shares of Univar in the second quarter valued at $260,000. 93.66% of the stock is owned by institutional investors and hedge funds.
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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