Univar (UNVR) Trading Down 5.2%

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Univar Inc (NYSE:UNVR) fell 5.2% on Friday . The stock traded as low as $21.03 and last traded at $21.06. 1,276,264 shares were traded during mid-day trading, a decline of 25% from the average session volume of 1,700,765 shares. The stock had previously closed at $22.22.

Several research firms have commented on UNVR. Barclays reaffirmed a “hold” rating and set a $26.00 price objective on shares of Univar in a research note on Wednesday, March 6th. Wells Fargo & Co set a $30.00 price objective on shares of Univar and gave the stock an “outperform” rating in a research note on Tuesday, March 5th. Berenberg Bank set a $27.00 price objective on shares of Univar and gave the stock a “buy” rating in a research note on Friday, November 23rd. ValuEngine raised shares of Univar from a “strong sell” rating to a “sell” rating in a research note on Monday, February 4th. Finally, Zacks Investment Research raised shares of Univar from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 29th. One research analyst has rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $29.80.

The company has a current ratio of 1.64, a quick ratio of 1.04 and a debt-to-equity ratio of 1.97. The company has a market capitalization of $3.15 billion, a P/E ratio of 13.00, a price-to-earnings-growth ratio of 1.69 and a beta of 1.58.

Univar (NYSE:UNVR) last posted its quarterly earnings data on Friday, February 8th. The basic materials company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.32 by $0.01. The company had revenue of $1.97 billion during the quarter, compared to analyst estimates of $2.01 billion. Univar had a net margin of 2.00% and a return on equity of 19.35%. Univar’s quarterly revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.34 earnings per share. On average, analysts predict that Univar Inc will post 1.47 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of UNVR. Penserra Capital Management LLC purchased a new stake in shares of Univar during the fourth quarter valued at $35,000. Skylands Capital LLC boosted its stake in shares of Univar by 216.7% during the fourth quarter. Skylands Capital LLC now owns 3,800 shares of the basic materials company’s stock valued at $67,000 after purchasing an additional 2,600 shares during the period. Quantamental Technologies LLC purchased a new stake in shares of Univar during the fourth quarter valued at $74,000. Ramsey Quantitative Systems purchased a new stake in shares of Univar during the fourth quarter valued at $166,000. Finally, Blueshift Asset Management LLC purchased a new stake in shares of Univar during the fourth quarter valued at $215,000.

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About Univar (NYSE:UNVR)

Univar Inc distributes commodity and specialty chemical products, and related services worldwide. It offers herbicides, fungicides, insecticides, seeds, micro and macro nutrients, horticultural products, and fertilizers; storage, packaging, and logistics services for crop protection companies; and pest control products and equipment.

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