Univar Solutions (NYSE:UNVR) Earns Hold Rating from Analysts at StockNews.com

Investment analysts at StockNews.com initiated coverage on shares of Univar Solutions (NYSE:UNVR) in a report released on Thursday. The brokerage set a “hold” rating on the basic materials company’s stock.

Univar Solutions Price Performance

UNVR opened at $36.14 on Thursday. The company has a fifty day simple moving average of $35.98 and a 200 day simple moving average of $35.38. The firm has a market cap of $5.70 billion, a price-to-earnings ratio of 13.39, a PEG ratio of 1.48 and a beta of 1.67. Univar Solutions has a twelve month low of $21.49 and a twelve month high of $36.15. The company has a current ratio of 2.18, a quick ratio of 1.45 and a debt-to-equity ratio of 0.96.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in UNVR. Spire Wealth Management grew its holdings in Univar Solutions by 61.9% during the 1st quarter. Spire Wealth Management now owns 936 shares of the basic materials company’s stock worth $33,000 after acquiring an additional 358 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new position in Univar Solutions during the 4th quarter worth $34,000. ST Germain D J Co. Inc. acquired a new position in Univar Solutions during the 4th quarter worth $34,000. CWM LLC lifted its position in shares of Univar Solutions by 42.5% in the 2nd quarter. CWM LLC now owns 1,057 shares of the basic materials company’s stock worth $38,000 after buying an additional 315 shares during the last quarter. Finally, Quadrant Capital Group LLC lifted its position in shares of Univar Solutions by 107.1% in the 2nd quarter. Quadrant Capital Group LLC now owns 1,576 shares of the basic materials company’s stock worth $56,000 after buying an additional 815 shares during the last quarter. 84.08% of the stock is owned by institutional investors and hedge funds.

About Univar Solutions

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.