Quaker Houghton (NYSE:KWR) Given Average Recommendation of “Hold” by Analysts

Shares of Quaker Houghton (NYSE:KWR) have been assigned a consensus rating of “Hold” from the six research firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $158.6667.

KWR has been the subject of a number of recent analyst reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a $190.00 target price on shares of Quaker Houghton in a research report on Wednesday, January 21st. Zacks Research upgraded Quaker Houghton from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 20th. Finally, Wall Street Zen downgraded Quaker Houghton from a “buy” rating to a “hold” rating in a research note on Saturday, January 24th.

Institutional Investors Weigh In On Quaker Houghton

Large investors have recently made changes to their positions in the company. CWM LLC increased its position in Quaker Houghton by 1.8% during the 4th quarter. CWM LLC now owns 4,226 shares of the specialty chemicals company’s stock valued at $580,000 after purchasing an additional 73 shares during the period. GAMMA Investing LLC boosted its stake in shares of Quaker Houghton by 7.9% during the fourth quarter. GAMMA Investing LLC now owns 1,021 shares of the specialty chemicals company’s stock valued at $140,000 after purchasing an additional 75 shares in the last quarter. F m Investments LLC increased its holdings in Quaker Houghton by 0.6% during the second quarter. F m Investments LLC now owns 12,592 shares of the specialty chemicals company’s stock valued at $1,410,000 after buying an additional 81 shares during the period. State of Alaska Department of Revenue raised its stake in Quaker Houghton by 1.3% in the fourth quarter. State of Alaska Department of Revenue now owns 7,782 shares of the specialty chemicals company’s stock worth $1,067,000 after buying an additional 99 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its holdings in Quaker Houghton by 7.1% during the first quarter. Integrated Wealth Concepts LLC now owns 1,650 shares of the specialty chemicals company’s stock worth $204,000 after buying an additional 109 shares during the period. Institutional investors and hedge funds own 77.46% of the company’s stock.

Quaker Houghton Trading Up 0.9%

Quaker Houghton stock opened at $179.11 on Friday. Quaker Houghton has a 52-week low of $95.91 and a 52-week high of $182.58. The firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of -365.54, a PEG ratio of 1.67 and a beta of 1.35. The firm has a 50-day moving average price of $151.63 and a two-hundred day moving average price of $140.28. 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Friday, January 16th were paid a $0.508 dividend. The ex-dividend date of this dividend was Friday, January 16th. This represents a $2.03 annualized dividend and a dividend yield of 1.1%. Quaker Houghton’s payout ratio is currently -414.29%.

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.