Univar Solutions Inc. (NYSE:UNVR) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lowered its stake in Univar Solutions Inc. (NYSE:UNVRGet Rating) by 10.4% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 12,004 shares of the basic materials company’s stock after selling 1,399 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Univar Solutions were worth $299,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. lifted its holdings in Univar Solutions by 129.6% in the 1st quarter. Meeder Asset Management Inc. now owns 776 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 438 shares in the last quarter. Ellevest Inc. lifted its holdings in Univar Solutions by 191.1% in the 2nd quarter. Ellevest Inc. now owns 1,115 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 732 shares in the last quarter. Atlas Capital Advisors LLC purchased a new position in Univar Solutions in the 1st quarter valued at $38,000. EverSource Wealth Advisors LLC purchased a new position in Univar Solutions in the 2nd quarter valued at $46,000. Finally, Covestor Ltd lifted its holdings in Univar Solutions by 55.3% in the 1st quarter. Covestor Ltd now owns 2,500 shares of the basic materials company’s stock valued at $80,000 after purchasing an additional 890 shares in the last quarter. Institutional investors and hedge funds own 98.13% of the company’s stock.

Univar Solutions Stock Up 0.5 %

Shares of UNVR opened at $29.35 on Wednesday. The firm has a market cap of $4.79 billion, a P/E ratio of 7.91, a price-to-earnings-growth ratio of 0.39 and a beta of 1.63. Univar Solutions Inc. has a 12-month low of $21.49 and a 12-month high of $34.00. The company’s 50-day moving average price is $25.06 and its 200 day moving average price is $26.37. The company has a current ratio of 2.07, a quick ratio of 1.36 and a debt-to-equity ratio of 0.96.

Univar Solutions (NYSE:UNVRGet Rating) last released its 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 company had revenue of $2.98 billion during 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%. On average, sell-side analysts forecast that Univar Solutions Inc. will post 3.48 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently commented on UNVR shares. Credit Suisse Group started coverage on Univar Solutions in a report on Friday, October 21st. They set an “outperform” rating and a $31.00 price target on the stock. The Goldman Sachs Group lifted their price target on Univar Solutions from $26.00 to $29.00 and gave the stock a “neutral” rating in a report on Tuesday, November 8th. StockNews.com upgraded Univar Solutions from a “hold” rating to a “buy” rating in a report on Friday, November 11th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Univar Solutions from $32.00 to $28.00 and set a “buy” rating on the stock in a report on Monday, October 17th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $33.00.

About Univar Solutions

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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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