Leith Wheeler Investment Counsel Ltd. Sells 1,150 Shares of Univar Solutions Inc. (NYSE:UNVR)

Leith Wheeler Investment Counsel Ltd. lessened its position in shares of Univar Solutions Inc. (NYSE:UNVR – Get Rating) by 0.2% during the 4th quarter, HoldingsChannel reports. The fund owned 516,409 shares of the basic materials company’s stock after selling 1,150 shares during the quarter. Univar Solutions accounts for about 2.5% of Leith Wheeler Investment Counsel Ltd.’s investment portfolio, making the stock its 4th largest holding. Leith Wheeler Investment Counsel Ltd.’s holdings in Univar Solutions were worth $16,422,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Hexagon Capital Partners LLC lifted its stake in shares of Univar Solutions by 51.7% during the third quarter. Hexagon Capital Partners LLC now owns 1,440 shares of the basic materials company’s stock valued at $33,000 after acquiring an additional 491 shares during the period. Accurate Wealth Management LLC acquired a new position in shares of Univar Solutions during the fourth quarter valued at $39,000. Atlas Capital Advisors LLC lifted its stake in Univar Solutions by 130.4% in the second quarter. Atlas Capital Advisors LLC now owns 2,756 shares of the basic materials company’s stock valued at $69,000 after buying an additional 1,560 shares during the period. Covestor Ltd lifted its stake in Univar Solutions by 55.3% in the first quarter. Covestor Ltd now owns 2,500 shares of the basic materials company’s stock valued at $80,000 after buying an additional 890 shares during the period. Finally, Lazard Asset Management LLC lifted its stake in Univar Solutions by 36.4% in the first quarter. Lazard Asset Management LLC now owns 2,812 shares of the basic materials company’s stock valued at $90,000 after buying an additional 750 shares during the period. Institutional investors and hedge funds own 95.94% of the company’s stock.

Univar Solutions Stock Up 0.0 %

UNVR traded up $0.01 during trading on Friday, reaching $34.68. The company had a trading volume of 9,557,596 shares, compared to its average volume of 3,767,120. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.99 and a quick ratio of 1.29. Univar Solutions Inc. has a 12 month low of $21.49 and a 12 month high of $35.61. The business’s fifty day moving average price is $33.93 and its 200 day moving average price is $29.92. The company has a market cap of $5.48 billion, a P/E ratio of 10.70, a PEG ratio of 1.40 and a beta of 1.70.

Univar Solutions (NYSE:UNVR – Get Rating) last announced its quarterly earnings results on Tuesday, February 21st. The basic materials company reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.09). Univar Solutions had a net margin of 4.75% and a return on equity of 22.44%. The company had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.71 billion. During the same period in the previous year, the firm posted $0.60 EPS. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. Equities analysts anticipate that Univar Solutions Inc. will post 3 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have weighed in on UNVR shares. Bank of America lowered Univar Solutions from a “buy” rating to an “underperform” rating in a research note on Wednesday, January 11th. Deutsche Bank Aktiengesellschaft increased their target price on Univar Solutions from $32.00 to $40.00 in a research note on Thursday, February 23rd. Vertical Research lowered Univar Solutions from a “buy” rating to a “hold” rating in a research note on Tuesday, March 14th. UBS Group downgraded Univar Solutions from a “buy” rating to a “neutral” rating and set a $37.00 price target for the company. in a report on Thursday, February 9th. Finally, Barclays lifted their price objective on Univar Solutions from $33.00 to $36.00 and gave the company an “equal weight” rating in a report on Tuesday, March 14th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $36.00.

About Univar Solutions

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Univar Solutions, Inc is a chemical and ingredients distributor and provider of specialty services. It operates through the following segments: USA, Canada, Europe and the Middle East and Africa, and Latin America. The company was founded by George van Waters and Nat Rogers on August 8, 1924, and is headquartered in Downers Grove, IL.