Quaker Chemical Corp (KWR) Given Consensus Recommendation of “Hold” by Brokerages

Quaker Chemical Corp (NYSE:KWR) has been given an average rating of “Hold” by the six ratings firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation and five have assigned a hold recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $161.00.

Several research firms have recently commented on KWR. B. Riley reissued a “neutral” rating on shares of Quaker Chemical in a research note on Wednesday, November 1st. Zacks Investment Research cut Quaker Chemical from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. ValuEngine cut Quaker Chemical from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, FBR & Co set a $165.00 price objective on Quaker Chemical and gave the stock a “hold” rating in a research note on Friday, October 27th.

Quaker Chemical (NYSE:KWR) traded up $2.15 during midday trading on Wednesday, hitting $147.15. The stock had a trading volume of 39,119 shares, compared to its average volume of 68,799. The firm has a market cap of $1,941.03, a PE ratio of 41.49, a P/E/G ratio of 2.35 and a beta of 1.31. Quaker Chemical has a one year low of $126.18 and a one year high of $165.93. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.83 and a quick ratio of 2.25.

In other Quaker Chemical news, VP Ronald S. Ettinger sold 1,000 shares of Quaker Chemical stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $162.75, for a total transaction of $162,750.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Mark Douglas sold 1,575 shares of Quaker Chemical stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $164.23, for a total value of $258,662.25. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 5,075 shares of company stock valued at $823,362. 3.60% of the stock is owned by insiders.

A number of hedge funds have recently bought and sold shares of the business. Deutsche Bank AG lifted its holdings in Quaker Chemical by 140.1% during the fourth quarter. Deutsche Bank AG now owns 28,672 shares of the specialty chemicals company’s stock worth $4,323,000 after acquiring an additional 16,731 shares in the last quarter. Ranger Investment Management L.P. lifted its holdings in Quaker Chemical by 141.2% during the fourth quarter. Ranger Investment Management L.P. now owns 214,455 shares of the specialty chemicals company’s stock worth $32,338,000 after acquiring an additional 125,543 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Quaker Chemical by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 108,215 shares of the specialty chemicals company’s stock valued at $16,317,000 after purchasing an additional 365 shares in the last quarter. Cortina Asset Management LLC bought a new stake in shares of Quaker Chemical in the fourth quarter valued at about $8,602,000. Finally, Carillon Tower Advisers Inc. bought a new stake in shares of Quaker Chemical in the fourth quarter valued at about $103,056,000. Hedge funds and other institutional investors own 83.39% of the company’s stock.

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About Quaker Chemical

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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