Virginia Retirement Systems ET AL bought a new position in Quaker Chemical Corporation (NYSE:KWR) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,700 shares of the specialty chemicals company’s stock, valued at approximately $252,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Aperio Group LLC grew its position in Quaker Chemical by 6.5% in the second quarter. Aperio Group LLC now owns 5,674 shares of the specialty chemicals company’s stock valued at $824,000 after purchasing an additional 345 shares in the last quarter. Russell Investments Group Ltd. grew its position in Quaker Chemical by 9.6% in the second quarter. Russell Investments Group Ltd. now owns 38,529 shares of the specialty chemicals company’s stock valued at $5,596,000 after purchasing an additional 3,369 shares in the last quarter. Municipal Employees Retirement System of Michigan lifted its stake in Quaker Chemical by 3.6% in the second quarter. Municipal Employees Retirement System of Michigan now owns 3,140 shares of the specialty chemicals company’s stock valued at $456,000 after acquiring an additional 110 shares during the last quarter. Great West Life Assurance Co. Can lifted its stake in Quaker Chemical by 2.1% in the second quarter. Great West Life Assurance Co. Can now owns 18,798 shares of the specialty chemicals company’s stock valued at $2,729,000 after acquiring an additional 390 shares during the last quarter. Finally, Texas Permanent School Fund lifted its stake in Quaker Chemical by 0.9% in the second quarter. Texas Permanent School Fund now owns 9,704 shares of the specialty chemicals company’s stock valued at $1,409,000 after acquiring an additional 89 shares during the last quarter. Institutional investors own 86.71% of the company’s stock.

Quaker Chemical Corporation (NYSE KWR) traded up $0.10 during midday trading on Thursday, hitting $151.36. 51,000 shares of the stock were exchanged, compared to its average volume of 57,567. Quaker Chemical Corporation has a one year low of $124.92 and a one year high of $165.93. The company has a current ratio of 2.83, a quick ratio of 2.25 and a debt-to-equity ratio of 0.16. The firm has a market cap of $2,011.65, a PE ratio of 30.19, a PEG ratio of 2.75 and a beta of 1.35.

Quaker Chemical (NYSE:KWR) last issued its quarterly earnings data on Thursday, October 26th. The specialty chemicals company reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.06. Quaker Chemical had a net margin of 5.93% and a return on equity of 15.43%. The business had revenue of $212.90 million during the quarter, compared to analysts’ expectations of $200.71 million. During the same quarter in the previous year, the company earned $1.25 EPS. The business’s revenue was up 11.8% on a year-over-year basis. equities analysts anticipate that Quaker Chemical Corporation will post 5 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 17th will be paid a $0.355 dividend. This represents a $1.42 annualized dividend and a yield of 0.94%. The ex-dividend date is Tuesday, January 16th. Quaker Chemical’s dividend payout ratio (DPR) is 40.00%.

In other Quaker Chemical news, Director Adrian Steeples sold 4,911 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $155.71, for a total value of $764,691.81. Following the transaction, the director now directly owns 6,193 shares of the company’s stock, valued at approximately $964,312.03. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Ronald S. Ettinger sold 367 shares of the firm’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $157.16, for a total transaction of $57,677.72. The disclosure for this sale can be found here. Insiders sold a total of 25,938 shares of company stock valued at $4,081,305 in the last quarter. Corporate insiders own 3.60% of the company’s stock.

A number of analysts have commented on the stock. B. Riley reiterated a “neutral” rating on shares of Quaker Chemical in a research note on Wednesday, November 1st. BidaskClub upgraded shares of Quaker Chemical from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 26th. Zacks Investment Research upgraded shares of Quaker Chemical from a “hold” rating to a “buy” rating and set a $171.00 price target for the company in a research note on Wednesday, November 1st. ValuEngine cut shares of Quaker Chemical from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, FBR & Co set a $165.00 target price on shares of Quaker Chemical and gave the stock a “hold” rating in a research note on Friday, October 27th. One analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $163.50.

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Quaker Chemical Company Profile

Quaker Chemical Corporation is a provider of process fluids, chemical specialties, and technical expertise to a range of industries, including steel, aluminum, mining, aerospace, tube and pipe, cans and others. The Company’s segments include North America, Europe, Middle East and Africa (EMEA), Asia/Pacific and South America.

Institutional Ownership by Quarter for Quaker Chemical (NYSE:KWR)

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