Wealthfront Advisers LLC Buys Shares of 12,624 Quaker Chemical Co. (NYSE:KWR)

Wealthfront Advisers LLC acquired a new position in shares of Quaker Chemical Co. (NYSE:KWR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,624 shares of the specialty chemicals company's stock, valued at approximately $1,777,000. Wealthfront Advisers LLC owned 0.07% of Quaker Chemical as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kohmann Bosshard Financial Services LLC bought a new stake in Quaker Chemical during the fourth quarter worth about $58,000. KBC Group NV lifted its position in Quaker Chemical by 50.9% during the third quarter. KBC Group NV now owns 525 shares of the specialty chemicals company's stock worth $88,000 after purchasing an additional 177 shares during the period. Point72 Asia Singapore Pte. Ltd. lifted its position in Quaker Chemical by 100.0% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 906 shares of the specialty chemicals company's stock worth $153,000 after purchasing an additional 453 shares during the period. iSAM Funds UK Ltd bought a new stake in Quaker Chemical during the third quarter worth about $208,000. Finally, Edgestream Partners L.P. bought a new stake in Quaker Chemical during the third quarter worth about $215,000. Institutional investors own 77.46% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on KWR shares. StockNews.com cut shares of Quaker Chemical from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. 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 report on Tuesday, January 7th. Finally, Royal Bank of Canada dropped their target price 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.

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Quaker Chemical Trading Up 0.5 %

Shares of Quaker Chemical stock traded up $0.69 on Wednesday, hitting $130.32. The stock had a trading volume of 157,363 shares, compared to its average volume of 106,467. The stock has a 50 day moving average of $136.91 and a 200 day moving average of $150.73. Quaker Chemical Co. has a twelve month low of $124.66 and a twelve month high of $207.83. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.88 and a current ratio of 2.54. The firm has a market capitalization of $2.30 billion, a P/E ratio of 19.11, a PEG ratio of 1.62 and a beta of 1.43.

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

Quaker Chemical Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be paid a $0.485 dividend. This represents a $1.94 annualized dividend and a dividend yield of 1.49%. The ex-dividend date is Wednesday, April 16th. Quaker Chemical's dividend payout ratio is currently 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.