Marshall Wace LLP Takes Position in Univar Inc (UNVR)

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Marshall Wace LLP purchased a new stake in Univar Inc (NYSE:UNVR) during the third quarter, according to its most recent filing with the SEC. The firm purchased 724,772 shares of the basic materials company’s stock, valued at approximately $22,222,000. Marshall Wace LLP owned 0.51% of Univar at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in UNVR. Chicago Equity Partners LLC acquired a new stake in Univar during the 2nd quarter worth approximately $201,000. NumerixS Investment Technologies Inc raised its holdings in 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 buying an additional 5,200 shares during the period. Campbell & CO Investment Adviser LLC acquired a new stake in Univar during the 3rd quarter worth approximately $245,000. HM Capital Management LLC acquired a new stake in Univar during the 3rd quarter worth approximately $253,000. Finally, Quantitative Systematic Strategies LLC acquired a new stake in Univar during the 2nd quarter worth approximately $260,000. Institutional investors and hedge funds own 93.66% of the company’s stock.

In other Univar news, VP Jeffrey W. Carr purchased 1,500 shares of the firm’s 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 acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Kerry J. Preete purchased 8,250 shares of the firm’s stock in a transaction dated Monday, September 24th. The shares were acquired at an average cost of $30.24 per share, with a total value of $249,480.00. Following the completion of the purchase, the director now directly owns 7,933 shares in the company, valued at $239,893.92. 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. Company insiders own 1.82% of the company’s stock.

Shares of UNVR opened at $19.50 on Friday. The company has a market cap of $2.82 billion, a PE ratio of 12.20, a price-to-earnings-growth ratio of 1.07 and a beta of 1.37. Univar Inc has a twelve month low of $19.34 and a twelve month high of $31.95. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.77 and a quick ratio of 1.14.

Univar (NYSE:UNVR) last issued its quarterly earnings results on Tuesday, November 6th. The basic materials company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.02). The business had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.18 billion. Univar had a return on equity of 19.82% and a net margin of 2.30%. Univar’s revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.36 earnings per share. As a group, sell-side analysts expect that Univar Inc will post 1.61 EPS for the current fiscal year.

Several analysts have commented on UNVR shares. 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. TheStreet downgraded shares of Univar from a “b-” rating to a “c+” rating in a report on Tuesday. ValuEngine downgraded shares of Univar from a “hold” rating to a “sell” rating in a report on Friday, October 19th. Deutsche Bank restated a “buy” rating and set a $35.00 target price on shares of Univar in a report on Friday, September 21st. Finally, 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. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $30.00.

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About Univar

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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Institutional Ownership by Quarter for Univar (NYSE:UNVR)

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