Shares of Univar Inc (NYSE:UNVR) have received a consensus rating of “Hold” from the eight research firms that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $33.50.
Several research analysts have recently issued reports on the company. Zacks Investment Research raised Univar from a “sell” rating to a “hold” rating in a research report on Tuesday, November 7th. SunTrust Banks reissued a “hold” rating on shares of Univar in a research report on Monday, November 6th. Finally, BidaskClub cut Univar from a “hold” rating to a “sell” rating in a research report on Friday, October 13th.
Univar (UNVR) opened at $27.39 on Tuesday. The stock has a market capitalization of $4,020.00 and a PE ratio of 119.09. Univar has a 1 year low of $26.80 and a 1 year high of $33.15. The company has a current ratio of 1.79, a quick ratio of 1.21 and a debt-to-equity ratio of 2.70.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Univar by 45.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,202 shares of the basic materials company’s stock valued at $192,000 after acquiring an additional 1,941 shares during the last quarter. Raymond James Trust N.A. purchased a new stake in Univar during the 3rd quarter valued at approximately $203,000. Dynamic Technology Lab Private Ltd raised its stake in Univar by 13.5% during the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 8,467 shares of the basic materials company’s stock valued at $247,000 after acquiring an additional 1,004 shares during the last quarter. Bourgeon Capital Management LLC purchased a new stake in Univar during the 3rd quarter valued at approximately $260,000. Finally, State of Alaska Department of Revenue purchased a new stake in Univar during the 4th quarter valued at approximately $275,000. 97.97% of the stock is owned by hedge funds and other institutional investors.
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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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