Quaker Houghton $KWR Shares Sold by AlphaQuest LLC

AlphaQuest LLC reduced its position in shares of Quaker Houghton (NYSE:KWR) by 85.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 943 shares of the specialty chemicals company’s stock after selling 5,660 shares during the period. AlphaQuest LLC’s holdings in Quaker Houghton were worth $106,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. First Horizon Advisors Inc. boosted its position in Quaker Houghton by 400.0% during the 1st quarter. First Horizon Advisors Inc. now owns 230 shares of the specialty chemicals company’s stock worth $28,000 after acquiring an additional 184 shares during the period. GAMMA Investing LLC boosted its position in Quaker Houghton by 390.5% during the 1st quarter. GAMMA Investing LLC now owns 363 shares of the specialty chemicals company’s stock worth $45,000 after acquiring an additional 289 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in Quaker Houghton by 573.1% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 875 shares of the specialty chemicals company’s stock worth $108,000 after acquiring an additional 745 shares during the period. CWM LLC boosted its position in Quaker Houghton by 200.0% during the 1st quarter. CWM LLC now owns 1,053 shares of the specialty chemicals company’s stock worth $130,000 after acquiring an additional 702 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its position in Quaker Houghton by 7.1% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,650 shares of the specialty chemicals company’s stock worth $204,000 after acquiring an additional 109 shares during the period. Hedge funds and other institutional investors own 77.46% of the company’s stock.

Quaker Houghton Stock Down 2.1%

Shares of KWR stock opened at $130.33 on Wednesday. The stock’s 50 day simple moving average is $135.51 and its 200 day simple moving average is $123.52. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.87 and a current ratio of 2.56. Quaker Houghton has a twelve month low of $95.91 and a twelve month high of $180.96. The company has a market capitalization of $2.27 billion, a price-to-earnings ratio of -303.09, a PEG ratio of 1.67 and a beta of 1.42.

Quaker Houghton (NYSE:KWR) last issued its quarterly earnings data on Thursday, October 30th. The specialty chemicals company reported $2.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.14. Quaker Houghton had a positive return on equity of 8.35% and a negative net margin of 0.39%.The business had revenue of $493.84 million for the quarter, compared to the consensus estimate of $475.06 million. During the same period last year, the business earned $1.89 EPS. The firm’s revenue was up 6.8% compared to the same quarter last year. As a group, research analysts predict that Quaker Houghton will post 7.75 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Weiss Ratings restated a “sell (d)” rating on shares of Quaker Houghton in a research report on Wednesday, October 8th. Zacks Research downgraded Quaker Houghton from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Quaker Houghton in a research note on Wednesday, August 13th. Finally, Royal Bank Of Canada raised their price target on Quaker Houghton from $149.00 to $171.00 and gave the stock an “outperform” rating in a research note on Monday. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $152.33.

Quaker Houghton Company Profile

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.