Quaker Chemical Co. (NYSE:KWR) Given Average Recommendation of “Moderate Buy” by Brokerages

Quaker Chemical Co. (NYSE:KWRGet Rating) has earned an average recommendation of “Moderate Buy” from the five brokerages that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $198.00.

Several research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft raised their price objective on Quaker Chemical from $180.00 to $200.00 in a research note on Friday, November 11th. StockNews.com assumed coverage on Quaker Chemical in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock. Finally, Royal Bank of Canada assumed coverage on Quaker Chemical in a research note on Tuesday, October 25th. They issued an “outperform” rating and a $196.00 price objective on the stock.

Quaker Chemical Stock Down 0.6 %

KWR stock opened at $192.00 on Friday. Quaker Chemical has a fifty-two week low of $129.06 and a fifty-two week high of $248.53. The business’s 50-day moving average is $161.11 and its two-hundred day moving average is $159.35. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.83 and a current ratio of 2.69. The company has a market cap of $3.44 billion, a price-to-earnings ratio of 44.04 and a beta of 1.33.

Quaker Chemical Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 31st. Investors of record on Tuesday, January 17th will be given a dividend of $0.435 per share. This represents a $1.74 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend is Friday, January 13th. Quaker Chemical’s dividend payout ratio is currently 39.91%.

Institutional Trading of Quaker Chemical

Institutional investors have recently made changes to their positions in the business. Quadrant Capital Group LLC grew its position in shares of Quaker Chemical by 327.5% during the third quarter. Quadrant Capital Group LLC now owns 436 shares of the specialty chemicals company’s stock worth $63,000 after purchasing an additional 334 shares in the last quarter. First Horizon Advisors Inc. grew its holdings in Quaker Chemical by 3,616.7% during the 2nd quarter. First Horizon Advisors Inc. now owns 446 shares of the specialty chemicals company’s stock valued at $66,000 after buying an additional 434 shares in the last quarter. Hazlett Burt & Watson Inc. purchased a new position in Quaker Chemical during the 1st quarter valued at approximately $76,000. US Bancorp DE grew its holdings in Quaker Chemical by 9.4% during the 2nd quarter. US Bancorp DE now owns 825 shares of the specialty chemicals company’s stock valued at $124,000 after buying an additional 71 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in Quaker Chemical by 63.2% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,123 shares of the specialty chemicals company’s stock valued at $162,000 after buying an additional 435 shares in the last quarter. Hedge funds and other institutional investors own 79.88% of the company’s stock.

About Quaker Chemical

(Get Rating)

Quaker Chemical Corporation develops, produces, and markets various formulated chemical specialty products for a range of heavy industrial and manufacturing applications. The company operates through four segments: Americas; Europe, Middle East, and Africa; Asia/Pacific; and Global Specialty Businesses.

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