Seizert Capital Partners LLC Acquires 11,058 Shares of Quaker Chemical Co. (NYSE:KWR)

Seizert Capital Partners LLC lifted its stake in shares of Quaker Chemical Co. (NYSE:KWR - Free Report) by 122.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,067 shares of the specialty chemicals company's stock after purchasing an additional 11,058 shares during the quarter. Seizert Capital Partners LLC owned 0.11% of Quaker Chemical worth $3,381,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Harbor Capital Advisors Inc. boosted its position in Quaker Chemical by 112.8% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 8,903 shares of the specialty chemicals company's stock worth $1,500,000 after buying an additional 4,720 shares during the period. 1832 Asset Management L.P. lifted its holdings in shares of Quaker Chemical by 46.3% during the first quarter. 1832 Asset Management L.P. now owns 32,570 shares of the specialty chemicals company's stock worth $6,685,000 after purchasing an additional 10,310 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of Quaker Chemical by 3.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 108,122 shares of the specialty chemicals company's stock worth $22,193,000 after purchasing an additional 3,441 shares during the last quarter. Vanguard Group Inc. increased its holdings in Quaker Chemical by 0.5% in the first quarter. Vanguard Group Inc. now owns 1,607,511 shares of the specialty chemicals company's stock valued at $329,942,000 after purchasing an additional 8,484 shares during the period. Finally, ProShare Advisors LLC raised its position in Quaker Chemical by 68.3% during the 2nd quarter. ProShare Advisors LLC now owns 67,812 shares of the specialty chemicals company's stock worth $11,508,000 after purchasing an additional 27,514 shares during the last quarter. 77.46% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have commented on KWR. StockNews.com lowered Quaker Chemical from a "buy" rating to a "hold" rating in a research report on Thursday, November 7th. Royal Bank of Canada reduced 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. Piper Sandler raised their price target on shares of Quaker Chemical from $190.00 to $200.00 and gave the stock an "overweight" rating in a report on Friday, November 8th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Quaker Chemical from $190.00 to $182.00 and set a "buy" rating on the stock in a research note on Monday, November 4th.

Quaker Chemical Trading Down 0.5 %

KWR stock traded down $0.87 during mid-day trading on Friday, reaching $167.71. The company's stock had a trading volume of 77,458 shares, compared to its average volume of 113,298. The company has a market cap of $2.98 billion, a price-to-earnings ratio of 24.59, a price-to-earnings-growth ratio of 2.02 and a beta of 1.38. Quaker Chemical Co. has a 12 month low of $151.31 and a 12 month high of $221.94. The business's 50 day moving average price is $163.45 and its 200 day moving average price is $170.77. 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 issued its earnings results on Thursday, October 31st. The specialty chemicals company reported $1.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.08 by ($0.19). Quaker Chemical had a return on equity of 10.10% and a net margin of 6.58%. The company had revenue of $462.27 million for the quarter, compared to the consensus estimate of $469.17 million. During the same period in the prior year, the company earned $2.05 earnings per share. The firm's revenue was down 5.8% compared to the same quarter last year. On average, equities research analysts predict that Quaker Chemical Co. will post 7.78 EPS for the current year.

Quaker Chemical Company 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.