Capital Fund Management S.A. decreased its position in shares of Univar Inc. (NYSE:UNVR) by 22.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,300 shares of the basic materials company’s stock after selling 21,800 shares during the period. Capital Fund Management S.A. owned approximately 0.05% of Univar worth $2,140,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Strs Ohio grew its position in Univar by 84.0% in the first quarter. Strs Ohio now owns 31,100 shares of the basic materials company’s stock worth $953,000 after acquiring an additional 14,200 shares in the last quarter. Great West Life Assurance Co. Can grew its position in Univar by 40.2% in the first quarter. Great West Life Assurance Co. Can now owns 11,506 shares of the basic materials company’s stock worth $352,000 after acquiring an additional 3,300 shares in the last quarter. First Trust Advisors LP grew its position in Univar by 8.6% in the first quarter. First Trust Advisors LP now owns 217,595 shares of the basic materials company’s stock worth $6,671,000 after acquiring an additional 17,252 shares in the last quarter. Bank of New York Mellon Corp grew its position in Univar by 17.1% in the first quarter. Bank of New York Mellon Corp now owns 212,768 shares of the basic materials company’s stock worth $6,523,000 after acquiring an additional 31,068 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in Univar by 64.0% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,792 shares of the basic materials company’s stock worth $116,000 after acquiring an additional 1,480 shares in the last quarter. Hedge funds and other institutional investors own 96.66% of the company’s stock.

Several research analysts recently commented on UNVR shares. Credit Suisse Group dropped their price target on Univar from $39.00 to $36.00 and set an “outperform” rating for the company in a research report on Thursday, August 31st. BidaskClub lowered Univar from a “hold” rating to a “sell” rating in a research report on Thursday, August 10th. Barclays PLC reiterated a “hold” rating and issued a $32.00 price target on shares of Univar in a research report on Thursday, August 31st. Zacks Investment Research lowered Univar from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. Finally, Berenberg Bank started coverage on Univar in a research report on Thursday, July 6th. They issued a “sell” rating and a $24.00 price target for the company. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $33.33.

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Shares of Univar Inc. (UNVR) opened at 28.21 on Thursday. The firm has a 50-day moving average of $28.32 and a 200 day moving average of $31.22. Univar Inc. has a 52 week low of $19.13 and a 52 week high of $33.15. The company’s market cap is $3.97 billion.

Univar (NYSE:UNVR) last announced its quarterly earnings data on Friday, August 4th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.03. Univar had a negative net margin of 0.85% and a positive return on equity of 15.46%. The company had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.27 billion. During the same quarter in the prior year, the company earned $0.29 EPS. Univar’s revenue was down .7% compared to the same quarter last year. Equities analysts expect that Univar Inc. will post $0.92 EPS for the current fiscal year.

Univar Company Profile

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.

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Institutional Ownership by Quarter for Univar (NYSE:UNVR)

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