Capital Fund Management S.A. Buys New Position in Quaker Houghton $KWR

Capital Fund Management S.A. bought a new stake in shares of Quaker Houghton (NYSE:KWR) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 11,102 shares of the specialty chemicals company’s stock, valued at approximately $1,243,000. Capital Fund Management S.A. owned 0.06% of Quaker Houghton at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Wellington Management Group LLP bought a new position in shares of Quaker Houghton in the first quarter valued at approximately $23,190,000. Bastion Asset Management Inc. acquired a new stake in Quaker Houghton in the second quarter worth approximately $6,559,000. Raymond James Financial Inc. boosted its stake in Quaker Houghton by 26.6% during the 1st quarter. Raymond James Financial Inc. now owns 260,665 shares of the specialty chemicals company’s stock valued at $32,221,000 after purchasing an additional 54,800 shares in the last quarter. Nuveen LLC bought a new position in Quaker Houghton during the 1st quarter valued at $6,719,000. Finally, T. Rowe Price Investment Management Inc. increased its position in shares of Quaker Houghton by 14.0% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 431,054 shares of the specialty chemicals company’s stock valued at $53,283,000 after purchasing an additional 52,962 shares during the period. 77.46% of the stock is owned by institutional investors and hedge funds.

Quaker Houghton Trading Down 0.3%

NYSE:KWR opened at $135.51 on Friday. The stock has a fifty day simple moving average of $133.10 and a 200 day simple moving average of $127.87. The firm has a market capitalization of $2.35 billion, a price-to-earnings ratio of -276.54, a price-to-earnings-growth ratio of 1.54 and a beta of 1.33. Quaker Houghton has a 1-year low of $95.91 and a 1-year high of $161.46. The company has a quick ratio of 1.77, a current ratio of 2.47 and a debt-to-equity ratio of 0.61.

Quaker Houghton (NYSE:KWR) last posted its quarterly earnings data on Thursday, October 30th. The specialty chemicals company reported $2.08 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.14. Quaker Houghton had a negative net margin of 0.48% and a positive return on equity of 8.64%. The company had revenue of $493.84 million during the quarter, compared to analyst estimates of $475.06 million. During the same period in the prior year, the firm earned $1.89 earnings per share. The business’s quarterly revenue was up 6.8% on a year-over-year basis. Sell-side analysts forecast that Quaker Houghton will post 7.75 earnings per share for the current year.

Quaker Houghton Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Friday, January 16th will be paid a $0.508 dividend. The ex-dividend date of this dividend is Friday, January 16th. This represents a $2.03 dividend on an annualized basis and a yield of 1.5%. Quaker Houghton’s dividend payout ratio (DPR) is currently -414.29%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on KWR shares. Royal Bank Of Canada upped their price objective on Quaker Houghton from $149.00 to $171.00 and gave the company an “outperform” rating in a report on Monday, November 3rd. Zacks Research raised shares of Quaker Houghton from a “strong sell” rating to a “hold” rating in a report on Thursday, November 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Quaker Houghton in a research report on Wednesday, August 13th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Quaker Houghton in a report on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Quaker Houghton has a consensus rating of “Hold” and an average target price of $152.33.

Quaker Houghton 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.