Segantii Capital Management Ltd Acquires Shares of 100,000 Univar Inc (UNVR)

Segantii Capital Management Ltd bought a new stake in shares of Univar Inc (NYSE:UNVR) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 100,000 shares of the basic materials company’s stock, valued at approximately $2,216,000. Segantii Capital Management Ltd owned approximately 0.06% of Univar at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of UNVR. Baupost Group LLC MA lifted its holdings in Univar by 436.4% in the fourth quarter. Baupost Group LLC MA now owns 9,500,000 shares of the basic materials company’s stock worth $168,530,000 after acquiring an additional 7,728,900 shares during the last quarter. Norges Bank bought a new stake in shares of Univar during the fourth quarter valued at approximately $71,288,000. Iridian Asset Management LLC CT raised its holdings 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 buying an additional 2,520,455 shares during the last quarter. Park Presidio Capital LLC raised its holdings in shares of Univar by 2,228.4% during the third quarter. Park Presidio Capital LLC now owns 1,500,000 shares of the basic materials company’s stock valued at $45,990,000 after buying an additional 1,435,578 shares during the last quarter. Finally, Marathon Asset Management LLP bought a new stake in shares of Univar during the fourth quarter valued at approximately $12,966,000. 87.82% of the stock is currently owned by institutional investors and hedge funds.

Univar stock traded up $0.14 during mid-day trading on Friday, hitting $22.15. The company’s stock had a trading volume of 868,300 shares, compared to its average volume of 1,686,596. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.04 and a current ratio of 1.64. The firm has a market cap of $3.77 billion, a price-to-earnings ratio of 13.67, a price-to-earnings-growth ratio of 1.69 and a beta of 1.57. Univar Inc has a twelve month low of $16.33 and a twelve month high of $31.23.

Univar (NYSE:UNVR) last posted its quarterly earnings results on Friday, February 8th. The basic materials company reported $0.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.01. Univar had a net margin of 2.00% and a return on equity of 19.35%. The firm had revenue of $1.97 billion for the quarter, compared to analyst estimates of $2.01 billion. During the same quarter in the previous year, the business posted $0.34 earnings per share. The firm’s quarterly revenue was up .6% compared to the same quarter last year. As a group, equities analysts predict that Univar Inc will post 1.48 EPS for the current fiscal year.

UNVR has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of Univar from a “sell” rating to a “hold” rating in a research note on Monday, January 14th. Vertical Research upgraded shares of Univar from a “hold” rating to a “buy” rating in a research note on Thursday, January 3rd. Barclays reiterated a “hold” rating and set a $24.00 price objective on shares of Univar in a research note on Monday, February 11th. ValuEngine upgraded shares of Univar from a “strong sell” rating to a “sell” rating in a research note on Monday, February 4th. Finally, Wells Fargo & Co set a $30.00 price objective on shares of Univar and gave the company an “outperform” rating in a research note on Tuesday, March 5th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $28.80.

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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, and fertilizers; storage, packaging, and logistics services for crop protection companies; and pest control products and equipment.

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Institutional Ownership by Quarter for Univar (NYSE:UNVR)

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