Insider Buying: Univar Inc (UNVR) Director Purchases 10,000 Shares of Stock

Univar Inc (NYSE:UNVR) Director Christopher D. Pappas purchased 10,000 shares of Univar stock in a transaction that occurred on Thursday, November 8th. The shares were acquired at an average price of $23.11 per share, with a total value of $231,100.00. The purchase was disclosed in a legal filing with the SEC, which is available through this link.

Shares of NYSE:UNVR traded down $0.18 during trading on Thursday, reaching $22.87. 1,885,747 shares of the stock were exchanged, compared to its average volume of 1,053,953. Univar Inc has a 12 month low of $20.08 and a 12 month high of $31.95. The stock has a market cap of $3.14 billion, a PE ratio of 16.45, a P/E/G ratio of 1.43 and a beta of 1.41. The company has a quick ratio of 1.08, a current ratio of 1.65 and a debt-to-equity ratio of 2.21.

Univar (NYSE:UNVR) last issued its quarterly earnings data on Tuesday, November 6th. The basic materials company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.02). Univar had a return on equity of 20.20% and a net margin of 2.30%. The firm had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.18 billion. During the same quarter in the prior year, the firm earned $0.36 EPS. The company’s revenue was up 4.0% on a year-over-year basis. Equities research analysts expect that Univar Inc will post 1.6 earnings per share for the current year.

Several large investors have recently modified their holdings of the company. BlackRock Inc. boosted its holdings in shares of Univar by 11.8% during the second quarter. BlackRock Inc. now owns 4,942,775 shares of the basic materials company’s stock worth $129,698,000 after acquiring an additional 521,840 shares during the period. Wells Fargo & Company MN raised its position in shares of Univar by 9.8% in the second quarter. Wells Fargo & Company MN now owns 4,171,595 shares of the basic materials company’s stock valued at $109,462,000 after buying an additional 373,454 shares in the last quarter. American Century Companies Inc. acquired a new stake in shares of Univar in the third quarter valued at approximately $50,565,000. Millennium Management LLC raised its position in shares of Univar by 113.0% in the second quarter. Millennium Management LLC now owns 1,576,688 shares of the basic materials company’s stock valued at $41,372,000 after buying an additional 836,522 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Univar by 36.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,145,190 shares of the basic materials company’s stock valued at $30,048,000 after buying an additional 305,985 shares in the last quarter. Institutional investors own 90.67% of the company’s stock.

A number of equities analysts recently commented on the company. Wells Fargo & Co set a $27.00 price target on Univar and gave the stock a “buy” rating in a report on Wednesday. ValuEngine cut Univar from a “sell” rating to a “strong sell” rating in a report on Tuesday. Deutsche Bank restated a “buy” rating and set a $35.00 price objective on shares of Univar in a report on Friday, September 21st. Berenberg Bank upgraded Univar from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a report on Tuesday, September 4th. Finally, Barclays reduced their price objective on 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, three have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Univar currently has an average rating of “Buy” and an average price target of $29.40.

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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, 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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