Univar (NYSE:UNVR) Upgraded by ValuEngine to Sell

Univar (NYSE:UNVR) was upgraded by research analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research note issued on Monday, February 4th.

UNVR has been the topic of a number of other reports. Berenberg Bank set a $27.00 target price on shares of Univar and gave the stock a “buy” rating in a report on Friday, November 23rd. Wells Fargo & Co set a $27.00 target price on shares of Univar and gave the stock a “buy” rating in a report on Wednesday, November 7th. Vertical Research upgraded shares of Univar from a “hold” rating to a “buy” rating in a report on Thursday, January 3rd. TheStreet downgraded shares of Univar from a “b-” rating to a “c+” rating in a report on Tuesday, December 4th. Finally, Zacks Investment Research upgraded shares of Univar from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 29th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Univar currently has an average rating of “Buy” and an average target price of $28.00.

Shares of UNVR stock traded up $1.29 during trading on Monday, reaching $23.90. The company’s stock had a trading volume of 4,658,246 shares, compared to its average volume of 1,498,921. 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 firm has a market cap of $3.38 billion, a PE ratio of 14.75, a P/E/G ratio of 1.33 and a beta of 1.56. Univar has a one year low of $16.33 and a one year high of $31.23.

Univar (NYSE:UNVR) last announced its quarterly earnings data on Friday, February 8th. The basic materials company reported $0.33 EPS for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.01. The business had revenue of $1.97 billion for the quarter, compared to analyst estimates of $2.01 billion. Univar had a net margin of 2.00% and a return on equity of 19.36%. The firm’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.34 earnings per share. On average, equities analysts predict that Univar will post 1.57 earnings per share for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in the stock. Iridian Asset Management LLC CT grew its stake in shares of Univar by 29.8% in the fourth quarter. Iridian Asset Management LLC CT now owns 10,971,291 shares of the basic materials company’s stock valued at $194,631,000 after acquiring an additional 2,520,455 shares in the last quarter. FMR LLC grew its stake in shares of Univar by 2.9% in the third quarter. FMR LLC now owns 10,109,059 shares of the basic materials company’s stock valued at $309,944,000 after acquiring an additional 282,560 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Univar by 2.0% in the third quarter. Vanguard Group Inc. now owns 9,694,360 shares of the basic materials company’s stock valued at $297,229,000 after acquiring an additional 193,925 shares in the last quarter. Vanguard Group Inc grew its stake in shares of Univar by 2.0% in the third quarter. Vanguard Group Inc now owns 9,694,360 shares of the basic materials company’s stock valued at $297,229,000 after acquiring an additional 193,925 shares in the last quarter. Finally, Baupost Group LLC MA grew its stake in shares of Univar by 436.4% in the fourth quarter. Baupost Group LLC MA now owns 9,500,000 shares of the basic materials company’s stock valued at $168,530,000 after acquiring an additional 7,728,900 shares in the last quarter. Institutional investors and hedge funds own 95.18% of the company’s stock.

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.

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