Copeland Capital Management LLC Has $49.87 Million Holdings in Quaker Houghton $KWR

Copeland Capital Management LLC lessened its stake in shares of Quaker Houghton (NYSE:KWR) by 12.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 378,519 shares of the specialty chemicals company’s stock after selling 51,883 shares during the quarter. Copeland Capital Management LLC owned about 2.18% of Quaker Houghton worth $49,870,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. State Street Corp lifted its holdings in Quaker Houghton by 9.2% in the 2nd quarter. State Street Corp now owns 596,618 shares of the specialty chemicals company’s stock worth $66,785,000 after purchasing an additional 50,264 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Quaker Houghton by 2.1% in the second quarter. Geode Capital Management LLC now owns 326,397 shares of the specialty chemicals company’s stock worth $36,542,000 after buying an additional 6,606 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Quaker Houghton by 1.3% during the 2nd quarter. Bank of America Corp DE now owns 197,838 shares of the specialty chemicals company’s stock worth $22,146,000 after buying an additional 2,473 shares during the period. Ceredex Value Advisors LLC grew its stake in Quaker Houghton by 10.7% in the 2nd quarter. Ceredex Value Advisors LLC now owns 113,200 shares of the specialty chemicals company’s stock valued at $12,672,000 after buying an additional 10,950 shares during the last quarter. Finally, Mutual of America Capital Management LLC grew its stake in Quaker Houghton by 6.3% in the 2nd quarter. Mutual of America Capital Management LLC now owns 103,852 shares of the specialty chemicals company’s stock valued at $11,625,000 after buying an additional 6,111 shares during the last quarter. 77.46% of the stock is owned by institutional investors.

Quaker Houghton Trading Down 0.5%

Shares of KWR opened at $143.77 on Tuesday. The stock’s 50-day moving average price is $136.34 and its 200 day moving average price is $131.76. The company has a quick ratio of 1.77, a current ratio of 2.47 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $2.49 billion, a price-to-earnings ratio of -293.41, a P/E/G ratio of 1.63 and a beta of 1.33. Quaker Houghton has a 12-month low of $95.91 and a 12-month high of $148.80.

Quaker Houghton (NYSE:KWR) last announced its quarterly earnings data on Thursday, October 30th. The specialty chemicals company reported $2.08 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.14. The company had revenue of $493.84 million for the quarter, compared to analyst estimates of $475.06 million. Quaker Houghton had a positive return on equity of 8.64% and a negative net margin of 0.48%.Quaker Houghton’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.89 EPS. As a group, research analysts predict that Quaker Houghton will post 7.75 earnings per share for the current year.

Quaker Houghton Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be issued a $0.508 dividend. This represents a $2.03 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, January 16th. Quaker Houghton’s payout ratio is -414.29%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Royal Bank Of Canada upped their price target on shares of Quaker Houghton from $149.00 to $171.00 and gave the company an “outperform” rating in a report on Monday, November 3rd. Zacks Research upgraded Quaker Houghton from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 20th. Wall Street Zen raised Quaker Houghton from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. 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 issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $152.33.

Quaker Houghton Company Profile

Quaker Houghton is a global provider of process fluids, chemical specialties and sustainable solutions for industrial applications. The company develops and supplies metalworking fluids, coatings, and corrosion inhibitors, as well as heat transfer, lubrication and additive products designed to improve productivity and extend equipment life. Its portfolio addresses a range of end markets including automotive, aerospace, defense, energy, mining, agriculture and heavy industry.

The company traces its roots back to the founding of Quaker Chemical Corporation in 1918 and Houghton International in 1865.