Advantage Alpha Capital Partners LP Has $3.96 Million Holdings in Quaker Chemical Co. (NYSE:KWR)

Advantage Alpha Capital Partners LP raised its holdings in shares of Quaker Chemical Co. (NYSE:KWR - Free Report) by 13.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in Quaker Chemical by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 1,638,419 shares of the specialty chemicals company's stock valued at $230,624,000 after buying an additional 23,832 shares during the last quarter. Bridge City Capital LLC increased its stake in shares of Quaker Chemical by 0.5% during the fourth quarter. Bridge City Capital LLC now owns 16,107 shares of the specialty chemicals company's stock worth $2,267,000 after purchasing an additional 85 shares during the period. LPL Financial LLC lifted its holdings in Quaker Chemical by 72.1% during the 4th quarter. LPL Financial LLC now owns 4,050 shares of the specialty chemicals company's stock worth $570,000 after purchasing an additional 1,697 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in Quaker Chemical in the 4th quarter valued at $422,000. Finally, AXQ Capital LP acquired a new position in Quaker Chemical in the 4th quarter valued at $263,000. 77.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on KWR shares. Piper Sandler reissued a "neutral" rating and issued a $170.00 target price (down previously from $200.00) on shares of Quaker Chemical in a research report on Tuesday, January 7th. Royal Bank of Canada cut their price objective on shares of Quaker Chemical from $172.00 to $169.00 and set an "outperform" rating for the company in a report on Wednesday, February 26th. Finally, StockNews.com cut shares of Quaker Chemical from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th.

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Quaker Chemical Price Performance

KWR stock traded down $2.78 during mid-day trading on Thursday, hitting $129.15. The stock had a trading volume of 29,518 shares, compared to its average volume of 108,555. The firm has a fifty day simple moving average of $136.99 and a 200 day simple moving average of $149.39. The firm has a market capitalization of $2.28 billion, a P/E ratio of 18.94, a P/E/G ratio of 1.62 and a beta of 1.43. The company has a current ratio of 2.54, a quick ratio of 1.88 and a debt-to-equity ratio of 0.48. Quaker Chemical Co. has a 52 week low of $124.66 and a 52 week high of $207.83.

Quaker Chemical (NYSE:KWR - Get Free Report) last announced its quarterly earnings data on Monday, February 24th. The specialty chemicals company reported $1.33 EPS for the quarter, missing the consensus estimate of $1.62 by ($0.29). The firm had revenue of $444.09 million for the quarter, compared to analyst estimates of $430.47 million. Quaker Chemical had a net margin of 6.58% and a return on equity of 10.10%. During the same quarter in the prior year, the firm earned $1.78 earnings per share. As a group, research analysts forecast that Quaker Chemical Co. will post 7.75 EPS for the current year.

Quaker Chemical Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be paid a dividend of $0.485 per share. This represents a $1.94 annualized dividend and a yield of 1.50%. The ex-dividend date of this dividend is Wednesday, April 16th. Quaker Chemical's payout ratio is 29.80%.

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.