Quaker Chemical Corp (NYSE:KWR) Director Joseph A. Berquist sold 1,957 shares of Quaker Chemical stock in a transaction that occurred on Thursday, March 8th. The stock was sold at an average price of $152.41, for a total value of $298,266.37. Following the sale, the director now owns 14,655 shares in the company, valued at $2,233,568.55. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Quaker Chemical Corp (KWR) opened at $157.43 on Tuesday. The company has a market capitalization of $2,102.37, a P/E ratio of 104.26, 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 Corp has a 12-month low of $126.18 and a 12-month high of $165.93.
Quaker Chemical (NYSE:KWR) last issued its earnings results on Wednesday, February 28th. The specialty chemicals company reported $1.27 EPS for the quarter, topping the consensus estimate of $1.26 by $0.01. The company had revenue of $211.10 million during the quarter, compared to analyst estimates of $208.07 million. Quaker Chemical had a return on equity of 15.48% and a net margin of 2.47%. The business’s revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.26 EPS. research analysts expect that Quaker Chemical Corp will post 5.46 earnings per share for the current year.
Institutional investors and hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. grew its position in shares of Quaker Chemical by 17.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 638,073 shares of the specialty chemicals company’s stock worth $95,041,000 after acquiring an additional 94,167 shares in the last quarter. Virginia Retirement Systems ET AL acquired a new position in shares of Quaker Chemical in the 3rd quarter worth approximately $252,000. Crossmark Global Holdings Inc. acquired a new position in shares of Quaker Chemical in the 3rd quarter worth approximately $533,000. First Trust Advisors LP grew its position in shares of Quaker Chemical by 14.2% in the 3rd quarter. First Trust Advisors LP now owns 13,411 shares of the specialty chemicals company’s stock worth $1,984,000 after acquiring an additional 1,668 shares in the last quarter. Finally, Rhumbline Advisers grew its position in shares of Quaker Chemical by 2.7% in the 3rd quarter. Rhumbline Advisers now owns 33,275 shares of the specialty chemicals company’s stock worth $4,923,000 after acquiring an additional 864 shares in the last quarter. Institutional investors own 92.22% of the company’s stock.
KWR has been the topic of several analyst reports. B. Riley set a $165.00 price objective on Quaker Chemical and gave the stock a “hold” rating in a report on Monday, November 20th. ValuEngine lowered Quaker Chemical from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Zacks Investment Research lowered Quaker Chemical from a “hold” rating to a “sell” rating in a research report on Thursday, December 28th. Finally, TheStreet lowered Quaker Chemical from a “b” rating to a “c+” rating in a research report on Monday, March 5th. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. Quaker Chemical currently has an average rating of “Hold” and an average target price of $163.50.
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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