Investors Purchase High Volume of Univar Call Options (UNVR)

Univar Inc (NYSE:UNVR) was the recipient of unusually large options trading activity on Monday. Traders acquired 493 call options on the stock. This represents an increase of approximately 867% compared to the typical volume of 51 call options.

Several brokerages have commented on UNVR. Barclays reiterated a “hold” rating and set a $32.00 target price on shares of Univar in a research report on Thursday, August 31st. BidaskClub upgraded shares of Univar from a “sell” rating to a “hold” rating in a research report on Thursday, October 5th. Zacks Investment Research upgraded shares of Univar from a “sell” rating to a “hold” rating in a research report on Tuesday, November 7th. Jefferies Group reiterated a “buy” rating and set a $39.00 target price on shares of Univar in a research report on Friday, September 15th. Finally, SunTrust Banks reiterated a “hold” rating on shares of Univar in a research report on Monday, November 6th. Two analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $33.33.

In related news, Director Mark John Byrne sold 50,391 shares of the business’s stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $29.73, for a total value of $1,498,124.43. Following the completion of the transaction, the director now owns 14,494 shares in the company, valued at approximately $430,906.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Associates Viii Ltd. Cd&R sold 10,000,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $28.79, for a total transaction of $287,900,000.00. The disclosure for this sale can be found here. Insiders sold a total of 10,140,425 shares of company stock valued at $292,020,815 in the last 90 days. 1.82% of the stock is currently owned by corporate insiders.

Hedge funds have recently made changes to their positions in the company. SG Americas Securities LLC acquired a new position in shares of Univar in the 2nd quarter valued at $122,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Univar by 12.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,261 shares of the basic materials company’s stock valued at $124,000 after buying an additional 469 shares during the period. BNP Paribas Arbitrage SA grew its holdings in shares of Univar by 176.9% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,824 shares of the basic materials company’s stock valued at $141,000 after buying an additional 3,082 shares during the period. Raymond James Trust N.A. acquired a new position in shares of Univar in the 3rd quarter valued at $203,000. Finally, Turner Investments LLC acquired a new position in shares of Univar in the 2nd quarter valued at $234,000. 97.81% of the stock is owned by institutional investors.

Shares of Univar (NYSE:UNVR) opened at $31.12 on Thursday. The company has a market cap of $4,400.00 and a price-to-earnings ratio of 26.72. Univar has a 1 year low of $26.80 and a 1 year high of $33.15. The company has a current ratio of 1.79, a quick ratio of 1.21 and a debt-to-equity ratio of 2.70.

Univar (NYSE:UNVR) last issued its earnings results on Friday, November 3rd. The basic materials company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.23 by $0.13. The company had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.97 billion. Univar had a net margin of 0.41% and a return on equity of 17.30%. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.17 EPS. equities research analysts forecast that Univar will post 1.03 earnings per share for the current fiscal year.

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Univar Company Profile

Univar Inc is a distributor of commodity and specialty chemicals. The Company operates through four segments: Univar USA (USA); Univar Canada (Canada); Univar Europe and the Middle East and Africa (EMEA), and Rest of World. The Company’s USA segment supplies a range of commodity and specialty chemicals, as well as services to a range of end markets, including manufacturing and industrial production sectors in the United States.

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