State of Alaska Department of Revenue Sells 1,433 Shares of Univar Solutions Inc. (NYSE:UNVR)

State of Alaska Department of Revenue cut its position in shares of Univar Solutions Inc. (NYSE:UNVRGet Rating) by 4.3% in the third quarter, HoldingsChannel reports. The firm owned 32,094 shares of the basic materials company’s stock after selling 1,433 shares during the period. State of Alaska Department of Revenue’s holdings in Univar Solutions were worth $729,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Univar Solutions by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 15,732,208 shares of the basic materials company’s stock worth $505,633,000 after acquiring an additional 230,879 shares in the last quarter. BlackRock Inc. raised its position in shares of Univar Solutions by 2.3% in the 1st quarter. BlackRock Inc. now owns 14,530,685 shares of the basic materials company’s stock worth $467,016,000 after acquiring an additional 325,099 shares in the last quarter. Invesco Ltd. raised its position in shares of Univar Solutions by 46.1% in the 1st quarter. Invesco Ltd. now owns 6,636,109 shares of the basic materials company’s stock worth $213,284,000 after acquiring an additional 2,092,395 shares in the last quarter. Jane Street Group LLC raised its position in shares of Univar Solutions by 23,010.3% in the 2nd quarter. Jane Street Group LLC now owns 5,139,969 shares of the basic materials company’s stock worth $127,831,000 after acquiring an additional 5,117,728 shares in the last quarter. Finally, State Street Corp raised its position in shares of Univar Solutions by 5.7% in the 1st quarter. State Street Corp now owns 4,562,358 shares of the basic materials company’s stock worth $146,634,000 after acquiring an additional 245,116 shares in the last quarter. 95.94% of the stock is owned by institutional investors.

Analysts Set New Price Targets

UNVR has been the topic of several recent analyst reports. Credit Suisse Group upped their target price on Univar Solutions to $35.00 in a research report on Monday, November 28th. The Goldman Sachs Group upped their target price on Univar Solutions from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Tuesday, November 8th. StockNews.com lowered Univar Solutions from a “buy” rating to a “hold” rating in a research report on Tuesday. UBS Group upped their target price on Univar Solutions to $37.00 in a research report on Monday, November 28th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Univar Solutions from $32.00 to $28.00 and set a “buy” rating on the stock in a research report on Monday, October 17th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $34.14.

Univar Solutions Stock Up 1.0 %

Univar Solutions stock opened at $32.52 on Wednesday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.36 and a current ratio of 2.07. The business’s 50-day simple moving average is $31.17 and its two-hundred day simple moving average is $27.13. The company has a market cap of $5.31 billion, a PE ratio of 8.77, a PEG ratio of 0.48 and a beta of 1.67. Univar Solutions Inc. has a fifty-two week low of $21.49 and a fifty-two week high of $34.53.

Univar Solutions (NYSE:UNVRGet Rating) last posted its quarterly earnings results on Tuesday, November 1st. The basic materials company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.09. The business had revenue of $2.98 billion for the quarter, compared to the consensus estimate of $2.93 billion. Univar Solutions had a return on equity of 24.02% and a net margin of 5.54%. Equities analysts anticipate that Univar Solutions Inc. will post 3.48 EPS for the current year.

Insider Transactions at Univar Solutions

In other news, SVP Pat Jerding sold 11,654 shares of the company’s stock in a transaction dated Monday, November 28th. The stock was sold at an average price of $33.50, for a total value of $390,409.00. Following the sale, the senior vice president now owns 11,553 shares in the company, valued at $387,025.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, SVP Pat Jerding sold 11,654 shares of the company’s stock in a transaction dated Monday, November 28th. The stock was sold at an average price of $33.50, for a total value of $390,409.00. Following the sale, the senior vice president now owns 11,553 shares in the company, valued at $387,025.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Stephen D. Newlin sold 50,000 shares of the company’s stock in a transaction dated Friday, November 25th. The stock was sold at an average price of $32.01, for a total value of $1,600,500.00. Following the completion of the sale, the director now owns 159,933 shares in the company, valued at approximately $5,119,455.33. The disclosure for this sale can be found here. Insiders have sold 111,654 shares of company stock worth $3,636,409 over the last quarter. 1.68% of the stock is currently owned by insiders.

Univar Solutions Company Profile

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Univar Solutions Inc distributes commodity and specialty chemical products, and provides related services worldwide. It offers epoxy resins, polyurethanes, titanium dioxide, fumed silica, esters, plasticizers, silicones, and specialty amines; ingredients for cleaners, detergents, and disinfectant products; and base stocks, performance-enhancing additives for lubricants and metalworking fluids.

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

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