Guggenheim Capital LLC Purchases Shares of 61,123 Univar Solutions Inc. (NYSE:UNVR)

Guggenheim Capital LLC bought a new stake in shares of Univar Solutions Inc. (NYSE:UNVR) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 61,123 shares of the basic materials company’s stock, valued at approximately $1,162,000.

Several other institutional investors have also made changes to their positions in UNVR. Marshall Wace North America L.P. bought a new stake in shares of Univar Solutions during the 1st quarter valued at about $49,000. US Bancorp DE boosted its holdings in Univar Solutions by 903.2% in the third quarter. US Bancorp DE now owns 11,336 shares of the basic materials company’s stock worth $192,000 after acquiring an additional 10,206 shares in the last quarter. Weld Capital Management LLC bought a new position in Univar Solutions in the third quarter worth approximately $201,000. ProShare Advisors LLC purchased a new stake in shares of Univar Solutions in the third quarter worth approximately $203,000. Finally, Teacher Retirement System of Texas purchased a new stake in shares of Univar Solutions in the fourth quarter worth approximately $294,000. Institutional investors own 98.58% of the company’s stock.

Shares of Univar Solutions stock opened at $22.13 on Thursday. The company has a quick ratio of 1.36, a current ratio of 1.90 and a debt-to-equity ratio of 1.52. The company has a market cap of $3.75 billion, a PE ratio of 122.95, a price-to-earnings-growth ratio of 14.15 and a beta of 1.98. The business has a 50 day moving average price of $21.07 and a 200-day moving average price of $19.19. Univar Solutions Inc. has a 52 week low of $10.79 and a 52 week high of $22.65.

Univar Solutions (NYSE:UNVR) last issued its quarterly earnings results on Wednesday, February 24th. The basic materials company reported $0.27 EPS for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.01. Univar Solutions had a return on equity of 12.65% and a net margin of 0.38%. As a group, research analysts anticipate that Univar Solutions Inc. will post 1.25 EPS for the current year.

In other Univar Solutions news, Director Christopher D. Pappas purchased 10,000 shares of the firm’s stock in a transaction that occurred on Monday, March 1st. The stock was bought at an average cost of $20.45 per share, with a total value of $204,500.00. Following the completion of the transaction, the director now owns 40,162 shares of the company’s stock, valued at approximately $821,312.90. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.60% of the company’s stock.

Separately, Bank of America reissued an “underperform” rating on shares of Univar Solutions in a research note on Monday, March 15th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $18.75.

About Univar Solutions

Univar Solutions Inc distributes commodity and specialty chemical products, and related services worldwide. It also provides epoxy resins, polyurethanes, titanium dioxide, fumed silica, esters, plasticizers, silicones, and specialty amines; chemicals and service to midstream pipeline and downstream refinery operators; and commodity and specialty products for meat processing, baked goods, dairy, grain mill products, processed foods, carbonated soft drinks, fruit drinks, and alcoholic beverage markets.

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Institutional Ownership by Quarter for Univar Solutions (NYSE:UNVR)

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