Credit Suisse AG grew its holdings in Univar Solutions Inc. (NYSE:UNVR – Free Report) by 151.5% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 378,702 shares of the basic materials company’s stock after acquiring an additional 228,127 shares during the quarter. Credit Suisse AG owned 0.24% of Univar Solutions worth $13,266,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the business. Capula Management Ltd bought a new stake in shares of Univar Solutions in the first quarter valued at about $2,426,000. Principal Financial Group Inc. boosted its position in shares of Univar Solutions by 0.9% in the first quarter. Principal Financial Group Inc. now owns 645,604 shares of the basic materials company’s stock valued at $22,616,000 after acquiring an additional 5,755 shares during the period. Spire Wealth Management boosted its position in shares of Univar Solutions by 61.9% in the first quarter. Spire Wealth Management now owns 936 shares of the basic materials company’s stock valued at $33,000 after acquiring an additional 358 shares during the period. Gladius Capital Management LP boosted its position in shares of Univar Solutions by 57.3% in the first quarter. Gladius Capital Management LP now owns 3,741 shares of the basic materials company’s stock valued at $132,000 after acquiring an additional 1,362 shares during the period. Finally, Tower Research Capital LLC TRC boosted its position in shares of Univar Solutions by 14.3% in the first quarter. Tower Research Capital LLC TRC now owns 3,650 shares of the basic materials company’s stock valued at $128,000 after acquiring an additional 456 shares during the period. Institutional investors own 84.08% of the company’s stock.
Wall Street Analyst Weigh In
Separately, StockNews.com started coverage on shares of Univar Solutions in a research report on Wednesday. They issued a “hold” rating for the company. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $35.60.
Univar Solutions Trading Up 0.5 %
Shares of Univar Solutions stock opened at $36.14 on Friday. The company has a market capitalization of $5.70 billion, a price-to-earnings ratio of 13.39, a PEG ratio of 1.48 and a beta of 1.67. The company has a quick ratio of 1.45, a current ratio of 2.18 and a debt-to-equity ratio of 0.96. Univar Solutions Inc. has a 12-month low of $21.49 and a 12-month high of $36.15. The firm’s 50-day moving average price is $35.96 and its two-hundred day moving average price is $35.33.
Univar Solutions Profile
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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