Quaker Chemical Corp (KWR) Receives Consensus Rating of “Hold” from Analysts

Shares of Quaker Chemical Corp (NYSE:KWR) have earned an average rating of “Hold” from the six analysts that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating and five have given a hold rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $161.00.

Several equities analysts have recently commented on KWR shares. Zacks Investment Research upgraded shares of Quaker Chemical from a “hold” rating to a “buy” rating and set a $171.00 target price for the company in a research report on Wednesday, November 1st. FBR & Co set a $165.00 target price on shares of Quaker Chemical and gave the company a “hold” rating in a research report on Friday, October 27th. ValuEngine cut shares of Quaker Chemical from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, B. Riley set a $165.00 target price on shares of Quaker Chemical and gave the company a “hold” rating in a research report on Monday, November 20th.

In related news, Director Mark Douglas sold 1,575 shares of the company’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $164.23, for a total transaction of $258,662.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, VP L Wilbert Platzer sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $156.75, for a total transaction of $156,750.00. Following the transaction, the vice president now owns 5,810 shares of the company’s stock, valued at $910,717.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 23,938 shares of company stock valued at $3,786,305. 3.60% of the stock is owned by corporate insiders.

A number of hedge funds have recently added to or reduced their stakes in the stock. GW&K Investment Management LLC increased its position in Quaker Chemical by 1.7% during the 4th quarter. GW&K Investment Management LLC now owns 117,249 shares of the specialty chemicals company’s stock worth $17,680,000 after purchasing an additional 2,002 shares in the last quarter. Schwab Charles Investment Management Inc. increased its position in Quaker Chemical by 6.1% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 82,213 shares of the specialty chemicals company’s stock valued at $12,397,000 after acquiring an additional 4,758 shares during the period. Pennsylvania Trust Co increased its position in Quaker Chemical by 121.7% in the 4th quarter. Pennsylvania Trust Co now owns 6,874 shares of the specialty chemicals company’s stock valued at $1,036,000 after acquiring an additional 3,774 shares during the period. California Public Employees Retirement System increased its position in Quaker Chemical by 2.5% in the 3rd quarter. California Public Employees Retirement System now owns 51,248 shares of the specialty chemicals company’s stock valued at $7,582,000 after acquiring an additional 1,248 shares during the period. Finally, Cubist Systematic Strategies LLC increased its position in Quaker Chemical by 82.8% in the 3rd quarter. Cubist Systematic Strategies LLC now owns 3,094 shares of the specialty chemicals company’s stock valued at $458,000 after acquiring an additional 1,401 shares during the period. Institutional investors and hedge funds own 84.06% of the company’s stock.

Shares of Quaker Chemical (NYSE KWR) traded up $3.66 during trading hours on Friday, hitting $158.14. 65,619 shares of the stock traded hands, compared to its average volume of 68,954. The firm has a market cap of $2,100.00, a PE ratio of 44.17, a PEG ratio of 2.52 and a beta of 1.36. The company has a quick ratio of 2.25, a current ratio of 2.83 and a debt-to-equity ratio of 0.16. Quaker Chemical has a one year low of $124.92 and a one year high of $165.93.

Quaker Chemical (NYSE:KWR) last issued its earnings results on Thursday, October 26th. The specialty chemicals company reported $1.32 EPS for the quarter, beating the consensus estimate of $1.26 by $0.06. The company had revenue of $212.90 million during the quarter, compared to analysts’ expectations of $200.71 million. Quaker Chemical had a net margin of 5.93% and a return on equity of 15.43%. The business’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.25 EPS. sell-side analysts forecast that Quaker Chemical will post 5 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Wednesday, January 17th will be given a dividend of $0.355 per share. This represents a $1.42 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date of this dividend is Tuesday, January 16th. Quaker Chemical’s dividend payout ratio is 39.66%.

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Quaker Chemical 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.

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