Advantage Alpha Capital Partners LP Boosts Holdings in Quaker Chemical Co. (NYSE:KWR)

Advantage Alpha Capital Partners LP boosted its stake in Quaker Chemical Co. (NYSE:KWR - Free Report) by 13.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,102 shares of the specialty chemicals company's stock after purchasing an additional 3,254 shares during the quarter. Advantage Alpha Capital Partners LP owned approximately 0.16% of Quaker Chemical worth $3,956,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in shares of Quaker Chemical in the fourth quarter worth about $28,978,000. Royce & Associates LP grew its position in Quaker Chemical by 27.8% during the fourth quarter. Royce & Associates LP now owns 555,219 shares of the specialty chemicals company's stock worth $78,153,000 after buying an additional 120,916 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Quaker Chemical by 16.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 636,739 shares of the specialty chemicals company's stock worth $107,284,000 after acquiring an additional 90,726 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Quaker Chemical by 26.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 394,708 shares of the specialty chemicals company's stock valued at $53,680,000 after acquiring an additional 82,843 shares in the last quarter. Finally, WCM Investment Management LLC boosted its position in shares of Quaker Chemical by 116.5% during the 4th quarter. WCM Investment Management LLC now owns 117,229 shares of the specialty chemicals company's stock valued at $16,424,000 after acquiring an additional 63,080 shares during the last quarter. Hedge funds and other institutional investors own 77.46% of the company's stock.

Quaker Chemical Trading Down 3.4 %

KWR traded down $4.46 during trading on Friday, hitting $125.33. 100,167 shares of the stock traded hands, compared to its average volume of 117,693. The firm has a 50-day moving average of $136.71 and a 200 day moving average of $149.01. Quaker Chemical Co. has a 12-month low of $124.00 and a 12-month high of $207.33. The firm has a market capitalization of $2.21 billion, a P/E ratio of 18.38, a price-to-earnings-growth ratio of 1.62 and a beta of 1.43. 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 (NYSE:KWR - Get Free Report) last posted its earnings results on Monday, February 24th. The specialty chemicals company reported $1.33 earnings per share for the quarter, missing analysts' consensus estimates of $1.62 by ($0.29). Quaker Chemical had a return on equity of 10.10% and a net margin of 6.58%. The firm had revenue of $444.09 million for the quarter, compared to analysts' expectations of $430.47 million. During the same quarter in the prior year, the company posted $1.78 earnings per share. Equities research analysts anticipate that Quaker Chemical Co. will post 7.75 EPS for the current year.

Quaker Chemical Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be paid a dividend of $0.485 per share. The ex-dividend date is Wednesday, April 16th. This represents a $1.94 annualized dividend and a dividend yield of 1.55%. Quaker Chemical's dividend payout ratio (DPR) is presently 29.80%.

Wall Street Analyst Weigh In

KWR has been the topic of a number of recent analyst reports. StockNews.com downgraded shares of Quaker Chemical from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Royal Bank of Canada decreased their price objective on Quaker Chemical from $172.00 to $169.00 and set an "outperform" rating on the stock in a report on Wednesday, February 26th. Finally, Piper Sandler restated a "neutral" rating and set a $170.00 target price (down from $200.00) on shares of Quaker Chemical in a report on Tuesday, January 7th.

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.