Quaker Houghton (NYSE:KWR) Receives Consensus Rating of “Hold” from Analysts

Quaker Houghton (NYSE:KWR) has been given a consensus recommendation of “Hold” by the six brokerages that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $158.6667.

A number of research firms have weighed in on KWR. Zacks Research raised shares of Quaker Houghton from a “strong sell” rating to a “hold” rating in a report on Thursday, November 20th. Wall Street Zen lowered Quaker Houghton from a “buy” rating to a “hold” rating in a report on Saturday, January 24th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $190.00 price objective on shares of Quaker Houghton in a research report on Wednesday, January 21st.

Hedge Funds Weigh In On Quaker Houghton

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Quaker Houghton in the fourth quarter valued at $27,000. Aster Capital Management DIFC Ltd purchased a new stake in Quaker Houghton during the 3rd quarter worth about $28,000. TD Waterhouse Canada Inc. acquired a new stake in Quaker Houghton in the 2nd quarter valued at about $30,000. EverSource Wealth Advisors LLC boosted its stake in shares of Quaker Houghton by 284.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 304 shares of the specialty chemicals company’s stock valued at $34,000 after buying an additional 225 shares during the period. Finally, Farther Finance Advisors LLC grew its position in shares of Quaker Houghton by 165.0% during the fourth quarter. Farther Finance Advisors LLC now owns 273 shares of the specialty chemicals company’s stock worth $37,000 after buying an additional 170 shares in the last quarter. 77.46% of the stock is currently owned by hedge funds and other institutional investors.

Quaker Houghton Stock Up 0.9%

NYSE:KWR opened at $179.11 on Friday. The company has a current ratio of 2.47, a quick ratio of 1.77 and a debt-to-equity ratio of 0.61. Quaker Houghton has a twelve month low of $95.91 and a twelve month high of $182.58. The company has a market cap of $3.11 billion, a PE ratio of -365.54, a P/E/G ratio of 1.67 and a beta of 1.35. The company’s 50 day moving average is $151.63 and its two-hundred day moving average is $140.28.

Quaker Houghton Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Friday, January 16th were issued a $0.508 dividend. The ex-dividend date was Friday, January 16th. This represents a $2.03 dividend on an annualized basis and a yield of 1.1%. Quaker Houghton’s dividend payout ratio is currently -414.29%.

About Quaker Houghton

Quaker Houghton is a global provider of process fluids, chemical specialties and sustainable solutions for industrial applications. The company develops and supplies metalworking fluids, coatings, and corrosion inhibitors, as well as heat transfer, lubrication and additive products designed to improve productivity and extend equipment life. Its portfolio addresses a range of end markets including automotive, aerospace, defense, energy, mining, agriculture and heavy industry.

The company traces its roots back to the founding of Quaker Chemical Corporation in 1918 and Houghton International in 1865.