Russell Investments Group Ltd. Acquires 4,514 Shares of Quaker Chemical Co. (NYSE:KWR)

Russell Investments Group Ltd. increased its position in shares of Quaker Chemical Co. (NYSE:KWR - Free Report) by 9.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,509 shares of the specialty chemicals company's stock after acquiring an additional 4,514 shares during the quarter. Russell Investments Group Ltd. owned about 0.30% of Quaker Chemical worth $7,391,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Quaker Chemical during the fourth quarter worth about $58,000. KBC Group NV raised its holdings in Quaker Chemical by 32.8% during the 4th 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. Headlands Technologies LLC bought a new position in Quaker Chemical in the fourth quarter valued at approximately $194,000. CIBC Asset Management Inc acquired a new position in shares of Quaker Chemical in the fourth quarter valued at approximately $211,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Quaker Chemical during the fourth quarter worth $238,000. Institutional investors and hedge funds own 77.46% of the company's stock.

Quaker Chemical Stock Performance

NYSE:KWR traded up $0.96 on Friday, hitting $101.87. The company's stock had a trading volume of 130,581 shares, compared to its average volume of 125,899. Quaker Chemical Co. has a one year low of $95.91 and a one year high of $197.03. The firm has a market capitalization of $1.80 billion, a P/E ratio of 14.94, a price-to-earnings-growth ratio of 1.62 and a beta of 1.44. The stock has a fifty day moving average of $126.79 and a two-hundred day moving average of $142.70. 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 (NYSE:KWR - Get Free Report) last posted its quarterly 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 net margin of 6.58% and a return on equity of 10.10%. The business had revenue of $444.09 million during the quarter, compared to the consensus estimate of $430.47 million. During the same quarter last year, the company posted $1.78 EPS. Research analysts predict that Quaker Chemical Co. will post 7.75 earnings per share for the current year.

Quaker Chemical Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be paid a $0.485 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $1.94 dividend on an annualized basis and a yield of 1.90%. Quaker Chemical's dividend payout ratio (DPR) is currently 29.80%.

Wall Street Analysts Forecast Growth

KWR has been the subject of several recent research reports. StockNews.com cut Quaker Chemical from a "buy" rating to a "hold" rating in a research report on Wednesday, February 26th. Piper Sandler reduced their price target on Quaker Chemical from $170.00 to $140.00 and set a "neutral" rating for the company in a research report on Wednesday, April 2nd. Finally, Royal Bank of Canada lowered their price objective on shares of Quaker Chemical from $172.00 to $169.00 and set an "outperform" rating on the stock in a report on Wednesday, February 26th.

About Quaker Chemical

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.