Quaker Chemical Corporation (NYSE:KWR) Director Adrian Steeples sold 4,911 shares of the firm’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $155.71, for a total value of $764,691.81. Following the completion of the transaction, the director now directly owns 6,193 shares of the company’s stock, valued at $964,312.03. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Quaker Chemical Corporation (NYSE:KWR) last issued its earnings results on Thursday, October 26th. The specialty chemicals company reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.06. The company had revenue of $212.90 million during the quarter, compared to the consensus estimate of $200.71 million. Quaker Chemical Corporation had a net margin of 5.93% and a return on equity of 15.43%. Quaker Chemical Corporation’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.25 EPS.

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Investors of record on Tuesday, October 17th were issued a $0.355 dividend. This represents a $1.42 annualized dividend and a yield of 0.91%. The ex-dividend date was Monday, October 16th. Quaker Chemical Corporation’s dividend payout ratio is currently 40.00%.

ILLEGAL ACTIVITY WARNING: This report was published by American Banking News and is owned by of American Banking News. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright legislation. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/11/02/quaker-chemical-corporation-kwr-director-sells-764691-81-in-stock.html.

A number of institutional investors have recently modified their holdings of KWR. Flinton Capital Management LLC boosted its holdings in shares of Quaker Chemical Corporation by 29.7% during the 2nd quarter. Flinton Capital Management LLC now owns 768 shares of the specialty chemicals company’s stock valued at $111,000 after purchasing an additional 176 shares during the last quarter. Riverhead Capital Management LLC boosted its holdings in shares of Quaker Chemical Corporation by 55.3% during the 2nd quarter. Riverhead Capital Management LLC now owns 932 shares of the specialty chemicals company’s stock valued at $135,000 after purchasing an additional 332 shares during the last quarter. Advisor Group Inc. boosted its holdings in shares of Quaker Chemical Corporation by 15.6% during the 2nd quarter. Advisor Group Inc. now owns 954 shares of the specialty chemicals company’s stock valued at $139,000 after purchasing an additional 129 shares during the last quarter. Everence Capital Management Inc. bought a new position in shares of Quaker Chemical Corporation during the 2nd quarter valued at about $212,000. Finally, Park National Corp OH bought a new position in shares of Quaker Chemical Corporation during the 2nd quarter valued at about $220,000. 83.11% of the stock is owned by institutional investors.

A number of research firms have recently commented on KWR. Zacks Investment Research raised Quaker Chemical Corporation from a “hold” rating to a “buy” rating and set a $171.00 price target for the company in a report on Wednesday. FBR & Co set a $165.00 price target on Quaker Chemical Corporation and gave the stock a “hold” rating in a report on Friday, October 27th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $153.00 price target on shares of Quaker Chemical Corporation in a report on Sunday, September 3rd. Finally, BidaskClub raised Quaker Chemical Corporation from a “strong sell” rating to a “sell” rating in a report on Saturday, August 26th.

Quaker Chemical Corporation Company Profile

Quaker Chemical Corporation is a provider of process fluids, chemical specialties, and technical expertise to a range of industries, including steel, aluminum, mining, aerospace, tube and pipe, cans and others. The Company’s segments include North America, Europe, Middle East and Africa (EMEA), Asia/Pacific and South America.

Insider Buying and Selling by Quarter for Quaker Chemical Corporation (NYSE:KWR)

Receive News & Ratings for Quaker Chemical Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quaker Chemical Corporation and related companies with MarketBeat.com's FREE daily email newsletter.