Quaker Chemical Corp (NYSE:KWR) Director Joseph A. Berquist sold 1,957 shares of the firm’s stock in a transaction that occurred on Thursday, March 8th. The stock was sold at an average price of $152.41, for a total transaction of $298,266.37. Following the sale, the director now directly owns 14,655 shares of the company’s stock, valued at approximately $2,233,568.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Quaker Chemical Corp (NYSE KWR) traded down $0.56 on Monday, reaching $157.43. The company had a trading volume of 80,839 shares, compared to its average volume of 64,124. Quaker Chemical Corp has a 52-week low of $126.18 and a 52-week high of $165.93. The company has a market capitalization of $2,102.37, a PE ratio of 105.27, a PEG ratio of 2.63 and a beta of 1.34. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.63 and a quick ratio of 2.06.
Quaker Chemical (NYSE:KWR) last announced its quarterly earnings data on Wednesday, February 28th. The specialty chemicals company reported $1.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.26 by $0.01. Quaker Chemical had a return on equity of 15.48% and a net margin of 2.47%. The firm had revenue of $211.10 million for the quarter, compared to analysts’ expectations of $208.07 million. During the same period last year, the business posted $1.26 earnings per share. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. sell-side analysts predict that Quaker Chemical Corp will post 5.46 EPS for the current year.
KWR has been the subject of a number of recent analyst reports. TheStreet downgraded shares of Quaker Chemical from a “b” rating to a “c+” rating in a research report on Monday, March 5th. Zacks Investment Research raised shares of Quaker Chemical from a “sell” rating to a “hold” rating in a research report on Tuesday, January 9th. ValuEngine downgraded 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 price objective on Quaker Chemical and gave the stock a “hold” rating in a research note on Thursday, March 1st. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $163.50.
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Aperio Group LLC lifted its stake in Quaker Chemical by 6.1% during the fourth quarter. Aperio Group LLC now owns 5,903 shares of the specialty chemicals company’s stock worth $890,000 after purchasing an additional 339 shares during the last quarter. UBS Asset Management Americas Inc. lifted its stake in Quaker Chemical by 4.9% during the fourth quarter. UBS Asset Management Americas Inc. now owns 7,731 shares of the specialty chemicals company’s stock worth $1,166,000 after purchasing an additional 362 shares during the last quarter. Geode Capital Management LLC lifted its stake in Quaker Chemical by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 108,215 shares of the specialty chemicals company’s stock worth $16,317,000 after purchasing an additional 365 shares during the last quarter. American International Group Inc. lifted its stake in Quaker Chemical by 5.7% during the third quarter. American International Group Inc. now owns 10,330 shares of the specialty chemicals company’s stock worth $1,528,000 after purchasing an additional 559 shares during the last quarter. Finally, Raymond James & Associates lifted its stake in Quaker Chemical by 3.3% during the fourth quarter. Raymond James & Associates now owns 18,258 shares of the specialty chemicals company’s stock worth $2,753,000 after purchasing an additional 579 shares during the last quarter. Hedge funds and other institutional investors own 92.22% 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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