2,158 Shares in Quaker Chemical Co. (NYSE:KWR) Acquired by Semanteon Capital Management LP

Semanteon Capital Management LP acquired a new stake in shares of Quaker Chemical Co. (NYSE:KWR - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,158 shares of the specialty chemicals company's stock, valued at approximately $304,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Harbor Capital Advisors Inc. boosted its stake in shares of Quaker Chemical by 1.2% during 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 buying an additional 110 shares during the last quarter. Park Avenue Securities LLC boosted its stake in Quaker Chemical by 9.2% during 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 during the last quarter. Corient Private Wealth LLC grew its holdings in Quaker Chemical by 5.1% during the 4th quarter. Corient Private Wealth LLC now owns 3,095 shares of the specialty chemicals company's stock worth $436,000 after acquiring an additional 149 shares in the last quarter. KBC Group NV grew 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 acquiring an additional 172 shares in the last quarter. Finally, Victory Capital Management Inc. increased its position in shares of Quaker Chemical by 5.1% in the 3rd quarter. Victory Capital Management Inc. now owns 5,332 shares of the specialty chemicals company's stock worth $898,000 after purchasing an additional 259 shares during the last quarter. 77.46% of the stock is currently owned by hedge funds and other institutional investors.

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Quaker Chemical Stock Performance

Shares of NYSE:KWR traded up $0.09 during trading on Wednesday, reaching $132.06. 140,011 shares of the company's stock traded hands, compared to its average volume of 108,761. The stock has a market capitalization of $2.33 billion, a P/E ratio of 19.36, a price-to-earnings-growth ratio of 1.62 and a beta of 1.43. Quaker Chemical Co. has a 12 month low of $124.66 and a 12 month high of $207.83. The company has a 50 day moving average of $137.01 and a 200-day moving average of $149.51. 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 EPS for the quarter, missing the consensus estimate of $1.62 by ($0.29). The company had revenue of $444.09 million for the quarter, compared to the consensus estimate of $430.47 million. Quaker Chemical had a net margin of 6.58% and a return on equity of 10.10%. During the same period last year, the company posted $1.78 earnings per share. On average, equities analysts expect that Quaker Chemical Co. will post 7.75 EPS for the current year.

Quaker Chemical Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given 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 1.47%. Quaker Chemical's dividend payout ratio is currently 29.80%.

Analyst Ratings Changes

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

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.