GSA Capital Partners LLP cut its position in shares of Univar Inc (NYSE:UNVR) by 87.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,736 shares of the basic materials company’s stock after selling 122,056 shares during the quarter. GSA Capital Partners LLP’s holdings in Univar were worth $297,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Iridian Asset Management LLC CT raised its stake in shares of Univar by 29.8% during 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 purchasing an additional 2,520,455 shares in the last quarter. FMR LLC raised its stake in shares of Univar by 2.9% during the third quarter. FMR LLC now owns 10,109,059 shares of the basic materials company’s stock valued at $309,944,000 after purchasing an additional 282,560 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Univar by 2.0% during 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 purchasing an additional 193,925 shares in the last quarter. Vanguard Group Inc grew its holdings in Univar by 2.0% during the third quarter. Vanguard Group Inc now owns 9,694,360 shares of the basic materials company’s stock worth $297,229,000 after acquiring an additional 193,925 shares during the period. Finally, BlackRock Inc. grew its holdings in Univar by 3.2% during the fourth quarter. BlackRock Inc. now owns 4,811,404 shares of the basic materials company’s stock worth $85,354,000 after acquiring an additional 147,168 shares during the period.
UNVR has been the topic of a number of research analyst reports. ValuEngine raised Univar from a “strong sell” rating to a “sell” rating in a report on Monday, February 4th. Vertical Research raised Univar from a “hold” rating to a “buy” rating in a report on Thursday, January 3rd. Wells Fargo & Co set a $30.00 target price on Univar and gave the stock an “outperform” rating in a report on Tuesday, March 5th. Barclays reissued a “hold” rating and issued a $24.00 price target on shares of Univar in a research note on Monday, February 11th. Finally, Berenberg Bank set a $27.00 price target on Univar and gave the stock a “buy” rating in a research note on Friday, November 23rd. One analyst has rated the stock with a sell rating, two have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Univar presently has an average rating of “Buy” and a consensus price target of $29.80.
Univar (NYSE:UNVR) last issued its quarterly earnings results on Friday, February 8th. The basic materials company reported $0.33 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.01. The firm had revenue of $1.97 billion for the quarter, compared to analysts’ expectations of $2.01 billion. Univar had a return on equity of 19.35% and a net margin of 2.00%. Univar’s revenue was up .6% on a year-over-year basis. During the same quarter last year, the business posted $0.34 EPS. As a group, equities analysts forecast that Univar Inc will post 1.47 EPS for the current year.
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Univar Inc distributes commodity and specialty chemical products, and related services worldwide. It offers herbicides, fungicides, insecticides, seeds, micro and macro nutrients, horticultural products, and fertilizers; storage, packaging, and logistics services for crop protection companies; and pest control products and equipment.
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