Jane Street Group LLC decreased its position in shares of Univar Inc (NYSE:UNVR) by 31.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 12,980 shares of the basic materials company’s stock after selling 5,896 shares during the period. Jane Street Group LLC’s holdings in Univar were worth $398,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently made changes to their positions in UNVR. Campbell & CO Investment Adviser LLC purchased a new position in shares of Univar during the third quarter valued at approximately $245,000. HM Capital Management LLC purchased a new position in shares of Univar during the third quarter valued at approximately $253,000. Strs Ohio purchased a new position in shares of Univar during the second quarter valued at approximately $264,000. Chesapeake Asset Management LLC purchased a new position in shares of Univar during the third quarter valued at approximately $304,000. Finally, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp purchased a new position in shares of Univar during the second quarter valued at approximately $312,000. 93.66% of the stock is currently owned by institutional investors and hedge funds.
In other Univar news, insider Stephen D. Newlin acquired 3,000 shares of the company’s stock in a transaction dated Thursday, November 8th. The stock was bought at an average price of $23.02 per share, with a total value of $69,060.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Jeffrey W. Carr acquired 1,500 shares of the company’s stock in a transaction dated Thursday, November 8th. The stock was acquired at an average cost of $23.29 per share, with a total value of $34,935.00. The disclosure for this purchase can be found here. Insiders have purchased 14,500 shares of company stock valued at $335,095 in the last ninety days. 0.55% of the stock is currently owned by company insiders.
Several equities analysts recently commented on UNVR shares. Berenberg Bank set a $27.00 price target on shares of Univar and gave the stock a “buy” rating in a research report on Friday, November 23rd. 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. Deutsche Bank reaffirmed a “buy” rating and set a $35.00 price target on shares of Univar in a research report on Friday, September 21st. Vertical Research raised shares of Univar from a “hold” rating to a “buy” rating in a research report on Thursday, January 3rd. Finally, TheStreet lowered shares of Univar from a “b-” rating to a “c+” rating in a research report on Tuesday, December 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $29.20.
Shares of UNVR stock opened at $19.66 on Friday. Univar Inc has a one year low of $16.33 and a one year high of $31.84. The company has a quick ratio of 1.14, a current ratio of 1.77 and a debt-to-equity ratio of 2.07. The company has a market cap of $2.84 billion, a P/E ratio of 14.14, a P/E/G ratio of 0.94 and a beta of 1.46.
Univar (NYSE:UNVR) last issued 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 return on equity of 19.82% and a net margin of 2.30%. The company had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.18 billion. During the same period last year, the company posted $0.36 EPS. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. Research analysts anticipate that Univar Inc will post 1.61 EPS for the current year.
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.
Further Reading: What are the most popular ETFs
Want to see what other hedge funds are holding UNVR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Univar Inc (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.