Copeland Capital Management LLC Has $52.84 Million Stake in Quaker Chemical Co. (NYSE:KWR)

Copeland Capital Management LLC cut its stake in Quaker Chemical Co. (NYSE:KWR - Free Report) by 3.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 375,374 shares of the specialty chemicals company's stock after selling 13,345 shares during the period. Copeland Capital Management LLC owned approximately 2.11% of Quaker Chemical worth $52,838,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Hunter Perkins Capital Management LLC acquired a new position in shares of Quaker Chemical in the 4th quarter valued at $764,000. KBC Group NV boosted its holdings in shares of Quaker Chemical by 32.8% in the fourth quarter. KBC Group NV now owns 697 shares of the specialty chemicals company's stock worth $98,000 after buying an additional 172 shares during the period. Inspire Investing LLC increased its position in shares of Quaker Chemical by 17.7% in the fourth quarter. Inspire Investing LLC now owns 2,866 shares of the specialty chemicals company's stock worth $403,000 after acquiring an additional 432 shares in the last quarter. Park Avenue Securities LLC lifted 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 valued at $243,000 after acquiring an additional 146 shares in the last quarter. Finally, Harbor Capital Advisors Inc. lifted its position in shares of Quaker Chemical by 1.2% in 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 acquiring an additional 110 shares in the last quarter. Institutional investors and hedge funds own 77.46% of the company's stock.

Quaker Chemical Stock Performance

KWR stock traded down $1.61 on Wednesday, reaching $136.40. 39,826 shares of the company were exchanged, compared to its average volume of 157,433. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.54 and a quick ratio of 1.88. Quaker Chemical Co. has a 12 month low of $124.66 and a 12 month high of $207.83. The stock's fifty day moving average price is $142.69 and its 200 day moving average price is $157.30. The firm has a market capitalization of $2.43 billion, a PE ratio of 20.00, a PEG ratio of 1.57 and a beta of 1.39.

Quaker Chemical Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 17th were given a dividend of $0.485 per share. This represents a $1.94 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend was Friday, January 17th. Quaker Chemical's dividend payout ratio (DPR) is presently 28.45%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on KWR. Piper Sandler restated a "neutral" rating and issued a $170.00 target price (down previously from $200.00) on shares of Quaker Chemical in a report on Tuesday, January 7th. StockNews.com raised Quaker Chemical from a "hold" rating to a "buy" rating in a research note on Thursday, November 28th. Royal Bank of Canada dropped their target price on Quaker Chemical from $195.00 to $180.00 and set an "outperform" rating on the stock in a report on Monday, November 4th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Quaker Chemical from $190.00 to $182.00 and set a "buy" rating for the company in a report on Monday, November 4th.

Insider Activity at Quaker Chemical

In related news, EVP Jeewat Bijlani sold 645 shares of the business's stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $165.98, for a total value of $107,057.10. Following the sale, the executive vice president now owns 4,747 shares of the company's stock, valued at $787,907.06. The trade was a 11.96 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP David Slinkman sold 1,700 shares of Quaker Chemical stock in a transaction on Monday, November 25th. The shares were sold at an average price of $167.80, for a total value of $285,260.00. Following the transaction, the senior vice president now directly owns 2,825 shares of the company's stock, valued at approximately $474,035. The trade was a 37.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company's stock.

Quaker Chemical 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.