O Shaughnessy Asset Management LLC Sells 104 Shares of Quaker Chemical Co. (NYSE:KWR)

O Shaughnessy Asset Management LLC lessened its holdings in shares of Quaker Chemical Co. (NYSE:KWRFree Report) by 6.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,576 shares of the specialty chemicals company’s stock after selling 104 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Quaker Chemical were worth $222,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bridge City Capital LLC boosted its position in shares of Quaker Chemical by 0.5% during the fourth quarter. Bridge City Capital LLC now owns 16,107 shares of the specialty chemicals company’s stock valued at $2,267,000 after purchasing an additional 85 shares in the last quarter. Harbor Capital Advisors Inc. boosted its holdings in shares of Quaker Chemical by 1.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 9,013 shares of the specialty chemicals company’s stock valued at $1,269,000 after buying an additional 110 shares in the last quarter. Park Avenue Securities LLC grew its position in shares of Quaker Chemical by 9.2% in the 4th quarter. Park Avenue Securities LLC now owns 1,729 shares of the specialty chemicals company’s stock worth $243,000 after buying an additional 146 shares during the period. Corient Private Wealth LLC increased its stake in shares of Quaker Chemical by 5.1% in the 4th quarter. Corient Private Wealth LLC now owns 3,095 shares of the specialty chemicals company’s stock worth $436,000 after acquiring an additional 149 shares in the last quarter. Finally, KBC Group NV lifted its position in Quaker Chemical by 32.8% during the 4th quarter. KBC Group NV now owns 697 shares of the specialty chemicals company’s stock valued at $98,000 after acquiring an additional 172 shares during the period. Hedge funds and other institutional investors own 77.46% of the company’s stock.

Analyst Ratings Changes

KWR has been the topic of a number of recent research reports. StockNews.com cut shares of Quaker Chemical from a “buy” rating to a “hold” rating in a report on Wednesday, February 26th. Piper Sandler reduced their price objective on Quaker Chemical from $170.00 to $140.00 and set a “neutral” rating for the company in a research report on Wednesday, April 2nd. Finally, Royal Bank of Canada dropped their target price on Quaker Chemical from $172.00 to $169.00 and set an “outperform” rating on the stock in a report on Wednesday, February 26th.

View Our Latest Stock Report on KWR

Quaker Chemical Trading Up 1.6 %

NYSE:KWR opened at $105.60 on Monday. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 15.48, a PEG ratio of 1.62 and a beta of 1.44. The company has a quick ratio of 1.88, a current ratio of 2.54 and a debt-to-equity ratio of 0.48. The company’s 50 day moving average price is $129.58 and its 200-day moving average price is $144.21. Quaker Chemical Co. has a 52 week low of $95.91 and a 52 week high of $197.03.

Quaker Chemical (NYSE:KWRGet Free Report) last posted its earnings results on Monday, February 24th. The specialty chemicals company reported $1.33 EPS for the quarter, missing analysts’ consensus estimates of $1.62 by ($0.29). The business had revenue of $444.09 million during the quarter, compared to the consensus estimate of $430.47 million. Quaker Chemical had a return on equity of 10.10% and a net margin of 6.58%. During the same period in the previous year, the business posted $1.78 EPS. On average, equities research analysts forecast that Quaker Chemical Co. will post 7.75 earnings per share for the current fiscal year.

Quaker Chemical Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be paid a dividend of $0.485 per share. This represents a $1.94 annualized dividend and a yield of 1.84%. The ex-dividend date of this dividend is Wednesday, April 16th. Quaker Chemical’s dividend payout ratio is currently 29.80%.

Quaker Chemical Profile

(Free Report)

Quaker Chemical Corporation, together with its subsidiaries, develops, produces, and markets various formulated specialty chemical products for a range of heavy industrial and manufacturing applications in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers metal removal fluids, cleaning fluids, corrosion inhibitors, metal drawing and forming fluids, die-cast mold releases, heat treatment and quenchants, metal forging fluids, hydraulic fluids, specialty greases, offshore sub-sea energy control fluids, rolling lubricants, rod and wire drawing fluids, and surface treatment chemicals.

Further Reading

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Institutional Ownership by Quarter for Quaker Chemical (NYSE:KWR)

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