Univar Inc (NYSE:UNVR) insider Stephen D. Newlin acquired 3,000 shares of Univar stock in a transaction dated Thursday, November 8th. The shares were bought at an average price of $23.02 per share, with a total value of $69,060.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

UNVR stock traded down $0.02 on Friday, hitting $22.85. The company’s stock had a trading volume of 1,687,303 shares, compared to its average volume of 2,050,549. Univar Inc has a 1 year low of $20.08 and a 1 year high of $31.95. The company has a market cap of $3.26 billion, a price-to-earnings ratio of 16.44, a price-to-earnings-growth ratio of 1.48 and a beta of 1.41. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.77 and a quick ratio of 1.08.

Univar (NYSE:UNVR) last released its quarterly earnings results on Tuesday, November 6th. The basic materials company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.02). Univar had a net margin of 2.30% and a return on equity of 19.82%. The business had revenue of $2.13 billion during the quarter, compared to analysts’ expectations of $2.18 billion. During the same quarter last year, the company earned $0.36 EPS. The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. As a group, analysts anticipate that Univar Inc will post 1.6 earnings per share for the current year.

Several brokerages have recently weighed in on UNVR. Zacks Investment Research downgraded shares of Univar from a “buy” rating to a “hold” rating in a research report on Monday, July 16th. ValuEngine downgraded shares of Univar from a “sell” rating to a “strong sell” rating in a research report on Tuesday. Wells Fargo & Co set a $27.00 price target on shares of Univar and gave the company a “buy” rating in a research report on Wednesday. Barclays reduced their price target on shares of Univar from $32.00 to $30.00 and set an “equal weight” rating for the company in a research report on Monday, August 6th. Finally, Deutsche Bank reiterated a “buy” rating and issued a $35.00 price target on shares of Univar in a research report on Friday, September 21st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $29.40.

A number of hedge funds have recently added to or reduced their stakes in the stock. 22NW LP purchased a new stake in Univar in the 3rd quarter valued at $544,000. FMR LLC increased its stake in Univar by 2.9% in the 3rd quarter. FMR LLC now owns 10,109,059 shares of the basic materials company’s stock valued at $309,944,000 after buying an additional 282,560 shares during the period. Martingale Asset Management L P increased its stake in Univar by 45.0% in the 3rd quarter. Martingale Asset Management L P now owns 141,887 shares of the basic materials company’s stock valued at $4,351,000 after buying an additional 44,034 shares during the period. Iridian Asset Management LLC CT increased its stake in Univar by 23.9% in the 3rd quarter. Iridian Asset Management LLC CT now owns 8,450,836 shares of the basic materials company’s stock valued at $259,103,000 after buying an additional 1,628,591 shares during the period. Finally, Alliancebernstein L.P. increased its stake in Univar by 249.5% in the 3rd quarter. Alliancebernstein L.P. now owns 226,082 shares of the basic materials company’s stock valued at $6,932,000 after buying an additional 161,396 shares during the period. Hedge funds and other institutional investors own 90.67% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This story was posted by Daily Political and is the sole property of of Daily Political. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The legal version of this story can be read at https://www.dailypolitical.com/2018/11/10/univar-inc-unvr-insider-stephen-d-newlin-acquires-3000-shares-of-stock.html.

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.

Read More: Conference Calls and Individual Investors

Insider Buying and Selling by Quarter for Univar (NYSE:UNVR)

Receive News & Ratings for Univar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Univar and related companies with MarketBeat.com's FREE daily email newsletter.