Kornitzer Capital Management Inc. KS increased its stake in Univar Inc (NYSE:UNVR) by 0.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 374,782 shares of the basic materials company’s stock after purchasing an additional 2,622 shares during the period. Kornitzer Capital Management Inc. KS owned approximately 0.27% of Univar worth $9,834,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Legal & General Group Plc boosted its stake in Univar by 7.6% in the first quarter. Legal & General Group Plc now owns 94,667 shares of the basic materials company’s stock worth $2,627,000 after buying an additional 6,682 shares in the last quarter. Dupont Capital Management Corp boosted its stake in Univar by 16.3% in the first quarter. Dupont Capital Management Corp now owns 284,505 shares of the basic materials company’s stock worth $7,895,000 after buying an additional 39,896 shares in the last quarter. Quantbot Technologies LP boosted its stake in Univar by 2,334.5% in the first quarter. Quantbot Technologies LP now owns 39,488 shares of the basic materials company’s stock worth $1,095,000 after buying an additional 37,866 shares in the last quarter. Zimmer Partners LP purchased a new stake in Univar in the first quarter worth approximately $10,946,000. Finally, Koch Industries Inc. boosted its stake in Univar by 114.2% in the first quarter. Koch Industries Inc. now owns 35,502 shares of the basic materials company’s stock worth $985,000 after buying an additional 18,924 shares in the last quarter. Institutional investors own 89.44% of the company’s stock.

NYSE:UNVR opened at $27.35 on Wednesday. The company has a market cap of $3.84 billion, a PE ratio of 19.68, a P/E/G ratio of 1.63 and a beta of 1.21. Univar Inc has a fifty-two week low of $25.54 and a fifty-two week high of $31.95. The company has a quick ratio of 1.08, a current ratio of 1.65 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 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.01). The business had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.37 billion. Univar had a net margin of 2.19% and a return on equity of 19.85%. Univar’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.22 EPS. sell-side analysts anticipate that Univar Inc will post 1.71 earnings per share for the current year.

A number of analysts have recently weighed in on the company. ValuEngine lowered Univar from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 2nd. Goldman Sachs Group raised Univar from a “buy” rating to a “conviction-buy” rating in a research note on Thursday, August 2nd. Zacks Investment Research lowered Univar from a “buy” rating to a “hold” rating in a research note on Monday, July 16th. Barclays dropped their price objective on Univar from $32.00 to $30.00 and set an “equal weight” rating for the company in a research note on Monday. Finally, Berenberg Bank raised Univar from a “sell” rating to a “hold” rating in a research note on Friday, July 6th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $34.00.

About Univar

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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