Voya Investment Management LLC cut its stake in Univar Inc (NYSE:UNVR) by 36.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,068 shares of the basic materials company’s stock after selling 15,055 shares during the period. Voya Investment Management LLC’s holdings in Univar were worth $684,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Point72 Asia Hong Kong Ltd purchased a new position in shares of Univar during the 1st quarter worth approximately $109,000. Chicago Equity Partners LLC purchased a new position in shares of Univar during the 2nd quarter worth approximately $201,000. Jane Street Group LLC purchased a new position in shares of Univar during the 1st quarter worth approximately $221,000. NumerixS Investment Technologies Inc increased its stake in shares of 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 purchasing an additional 5,200 shares in the last quarter. Finally, Quantitative Systematic Strategies LLC purchased a new position in shares of Univar during the 2nd quarter worth approximately $260,000. 91.47% of the stock is owned by institutional investors.

In other news, Director Kerry J. Preete bought 8,250 shares of the firm’s stock in a transaction that occurred on Monday, September 24th. The shares were purchased at an average price of $30.24 per share, for a total transaction of $249,480.00. Following the completion of the transaction, the director now owns 7,933 shares in the company, valued at $239,893.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.55% of the stock is currently owned by company insiders.

A number of brokerages have recently weighed in on UNVR. Deutsche Bank reissued a “buy” rating and set a $35.00 price objective on shares of Univar in a research note on Friday, September 21st. ValuEngine raised shares of Univar from a “sell” rating to a “hold” rating in a research note on Friday, September 21st. Berenberg Bank raised shares of Univar from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a research note on Tuesday, September 4th. Barclays dropped their price objective on shares of Univar from $32.00 to $30.00 and set an “equal weight” rating for the company in a research note on Monday, August 6th. Finally, Zacks Investment Research raised shares of Univar from a “sell” rating to a “hold” rating in a research note on Friday, August 3rd. One analyst has rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $30.00.

Shares of NYSE UNVR opened at $27.68 on Friday. Univar Inc has a 1 year low of $25.54 and a 1 year high of $31.95. The company has a market cap of $4.34 billion, a P/E ratio of 19.92, a PEG ratio of 1.86 and a beta of 1.17. The company has a current ratio of 1.65, a quick ratio of 1.08 and a debt-to-equity ratio of 2.21.

Univar (NYSE:UNVR) last announced its earnings results on Wednesday, August 1st. The basic materials company reported $0.47 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.48 by ($0.01). Univar had a return on equity of 19.85% and a net margin of 2.19%. The firm had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.37 billion. During the same quarter last year, the business posted $0.22 EPS. The firm’s revenue was up 5.6% compared to the same quarter last year. Sell-side analysts anticipate that Univar Inc will post 1.69 earnings per share for the current year.

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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Institutional Ownership by Quarter for Univar (NYSE:UNVR)

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