Univar Inc. (NYSE:UNVR) insider Christopher Oversby sold 18,362 shares of the stock in a transaction on Monday, September 19th. The stock was sold at an average price of $20.22, for a total value of $371,279.64. Following the completion of the transaction, the insider now owns 99,479 shares of the company’s stock, valued at approximately $2,011,465.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Christopher Oversby also recently made the following trade(s):
- On Tuesday, September 20th, Christopher Oversby sold 22,241 shares of Univar stock. The stock was sold at an average price of $20.01, for a total value of $445,042.41.
Shares of Univar Inc. (NYSE:UNVR) opened at 21.20 on Monday. The stock has a market capitalization of $2.92 billion, a PE ratio of 46.29 and a beta of 1.26. The company’s 50 day moving average price is $19.90 and its 200 day moving average price is $18.55. Univar Inc. has a 52-week low of $10.65 and a 52-week high of $22.09.
Univar (NYSE:UNVR) last posted its quarterly earnings data on Tuesday, August 9th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.13. Univar had a return on equity of 7.73% and a net margin of 0.75%. The company earned $2.30 billion during the quarter, compared to analysts’ expectations of $2.23 billion. During the same quarter in the previous year, the business earned ($0.12) EPS. Univar’s revenue was down 9.9% compared to the same quarter last year. On average, equities research analysts anticipate that Univar Inc. will post $0.72 EPS for the current year.
A number of institutional investors have recently bought and sold shares of the stock. Fuller & Thaler Asset Management Inc. acquired a new position in Univar during the second quarter worth about $123,000. Teacher Retirement System of Texas boosted its position in Univar by 62.0% in the second quarter. Teacher Retirement System of Texas now owns 6,808 shares of the company’s stock worth $129,000 after buying an additional 2,606 shares during the last quarter. Legal & General Group Plc boosted its position in Univar by 41.5% in the first quarter. Legal & General Group Plc now owns 7,235 shares of the company’s stock worth $125,000 after buying an additional 2,123 shares during the last quarter. KCG Holdings Inc. acquired a new position in Univar during the second quarter worth about $261,000. Finally, Sei Investments Co. acquired a new position in Univar during the second quarter worth about $326,000. Institutional investors own 80.17% of the company’s stock.
A number of equities analysts have issued reports on the company. Wells Fargo & Co. reiterated a “hold” rating on shares of Univar in a report on Sunday, September 4th. Zacks Investment Research downgraded Univar from a “hold” rating to a “sell” rating in a report on Wednesday, July 13th. Credit Suisse Group AG reiterated a “neutral” rating on shares of Univar in a report on Friday, June 17th. Barclays PLC raised their price target on Univar from $20.00 to $21.00 and gave the company an “equal weight” rating in a report on Tuesday, August 16th. Finally, Bank of America Corp. set a $22.00 price target on Univar and gave the company a “buy” rating in a report on Thursday, August 11th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $22.20.
Univar Company Profile
Univar Inc is a distributor of commodity and specialty chemicals. The Company’s segments include Univar USA (USA); Univar Canada (Canada); Univar Europe, the Middle East and Africa (EMEA), and Rest of World. The Rest of World segment includes developing businesses in Latin America, including Brazil and Mexico, and the Asia-Pacific region.
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