Univar (UNVR) Reaches New 12-Month Low at $19.49
Shares of Univar Inc (NYSE:UNVR) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $19.49 and last traded at $19.75, with a volume of 50755 shares traded. The stock had previously closed at $20.39.
Several analysts have issued reports on UNVR shares. ValuEngine upgraded shares of Univar from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 8th. Berenberg Bank upgraded shares of Univar from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a research report on Tuesday, September 4th. Deutsche Bank restated a “buy” rating and issued a $35.00 price target on shares of Univar in a research report on Friday, September 21st. Finally, Wells Fargo & Co set a $27.00 price target on shares of Univar and gave the stock a “buy” rating in a research report on Wednesday, November 7th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $30.00.
The company has a current ratio of 1.77, a quick ratio of 1.14 and a debt-to-equity ratio of 2.07. The stock has a market capitalization of $2.89 billion, a PE ratio of 14.31, a price-to-earnings-growth ratio of 1.10 and a beta of 1.37.
In other Univar news, VP Jeffrey W. Carr acquired 1,500 shares of Univar stock in a transaction dated Thursday, November 8th. The stock was bought at an average cost of $23.29 per share, with a total value of $34,935.00. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Stephen D. Newlin acquired 3,000 shares of Univar stock in a transaction dated Thursday, November 8th. The shares were acquired at an average cost of $23.02 per share, with a total value of $69,060.00. The disclosure for this purchase can be found here. Insiders have bought a total of 22,750 shares of company stock valued at $584,575 over the last ninety days. 1.82% of the stock is owned by insiders.
Large investors have recently added to or reduced their stakes in the company. BlueMountain Capital Management LLC lifted its holdings in shares of Univar by 1,532.7% during the 2nd quarter. BlueMountain Capital Management LLC now owns 671,659 shares of the basic materials company’s stock worth $17,624,000 after acquiring an additional 630,521 shares during the period. Natixis bought a new position in shares of Univar during the 2nd quarter worth about $1,637,000. NumerixS Investment Technologies Inc lifted its holdings in shares of Univar by 148.6% during the 2nd quarter. NumerixS Investment Technologies Inc now owns 8,700 shares of the basic materials company’s stock worth $225,000 after acquiring an additional 5,200 shares during the period. GSA Capital Partners LLP lifted its holdings in Univar by 78.8% during the 2nd quarter. GSA Capital Partners LLP now owns 176,862 shares of the basic materials company’s stock valued at $4,641,000 after purchasing an additional 77,970 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in Univar by 96.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 17,114 shares of the basic materials company’s stock valued at $449,000 after purchasing an additional 8,418 shares during the last quarter. 93.66% of the stock is owned by institutional investors.
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Univar Company Profile (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, 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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