Univar (UNVR) Cut to “Sell” at ValuEngine

Univar (NYSE:UNVR) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Monday.

Several other brokerages have also recently weighed in on UNVR. Zacks Investment Research cut shares of Univar from a “buy” rating to a “hold” rating in a research report on Tuesday, February 27th. SunTrust Banks raised shares of Univar from a “hold” rating to a “buy” rating in a research report on Tuesday, February 13th. Deutsche Bank set a $34.00 price target on shares of Univar and gave the stock a “hold” rating in a research report on Wednesday, March 7th. Finally, Vertical Research raised shares of Univar from a “sell” rating to a “hold” rating in a research report on Tuesday, February 20th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. Univar presently has a consensus rating of “Hold” and an average target price of $32.67.

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UNVR stock traded down $0.39 during mid-day trading on Monday, reaching $27.36. The company had a trading volume of 1,015,598 shares, compared to its average volume of 994,434. The company has a debt-to-equity ratio of 2.59, a current ratio of 1.77 and a quick ratio of 1.18. The company has a market capitalization of $3,916.02, a P/E ratio of 19.68, a P/E/G ratio of 1.89 and a beta of 1.21. Univar has a 12 month low of $25.79 and a 12 month high of $32.53.

Univar (NYSE:UNVR) last issued its earnings results on Wednesday, February 28th. The basic materials company reported $0.34 EPS for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.09. The business had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.85 billion. Univar had a net margin of 1.45% and a return on equity of 17.25%. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.25 EPS. research analysts expect that Univar will post 1.72 EPS for the current fiscal year.

In other news, insider Dahlia Investments Pte. Ltd. sold 2,015 shares of the company’s stock in a transaction that occurred on Friday, January 19th. The shares were sold at an average price of $31.12, for a total value of $62,706.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 93,587 shares of company stock valued at $2,914,052 in the last ninety days. Corporate insiders own 0.55% of the company’s stock.

A number of large investors have recently bought and sold shares of UNVR. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its position in Univar by 125.8% during the fourth quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 5,262 shares of the basic materials company’s stock valued at $162,000 after acquiring an additional 2,932 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Univar by 45.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,202 shares of the basic materials company’s stock valued at $192,000 after acquiring an additional 1,941 shares during the last quarter. Stone Ridge Asset Management LLC purchased a new stake in Univar during the fourth quarter valued at approximately $222,000. Rehmann Capital Advisory Group purchased a new stake in Univar during the fourth quarter valued at approximately $223,000. Finally, State of Alaska Department of Revenue purchased a new stake in Univar during the fourth quarter valued at approximately $275,000. 98.18% of the stock is owned by institutional investors.

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About Univar

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Univar (NYSE:UNVR)

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