Hosking Partners LLP Has $15.17 Million Stock Holdings in Quaker Houghton $KWR

Hosking Partners LLP raised its holdings in Quaker Houghton (NYSE:KWR) by 97.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 115,165 shares of the specialty chemicals company’s stock after acquiring an additional 56,865 shares during the quarter. Hosking Partners LLP owned approximately 0.66% of Quaker Houghton worth $15,173,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. SG Americas Securities LLC grew its stake in shares of Quaker Houghton by 41.2% in the third quarter. SG Americas Securities LLC now owns 1,339 shares of the specialty chemicals company’s stock worth $176,000 after purchasing an additional 391 shares during the last quarter. Park Avenue Securities LLC grew its position in shares of Quaker Houghton by 20.6% in the 3rd quarter. Park Avenue Securities LLC now owns 2,341 shares of the specialty chemicals company’s stock valued at $308,000 after buying an additional 400 shares during the last quarter. KLP Kapitalforvaltning AS raised its position in shares of Quaker Houghton by 14.8% during the third quarter. KLP Kapitalforvaltning AS now owns 3,100 shares of the specialty chemicals company’s stock worth $408,000 after acquiring an additional 400 shares during the last quarter. Osaic Holdings Inc. increased its position in Quaker Houghton by 54.4% during the 2nd quarter. Osaic Holdings Inc. now owns 673 shares of the specialty chemicals company’s stock valued at $76,000 after purchasing an additional 237 shares during the period. Finally, Orion Porfolio Solutions LLC raised its holdings in Quaker Houghton by 1.7% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 7,224 shares of the specialty chemicals company’s stock worth $809,000 after purchasing an additional 123 shares during the last quarter. Institutional investors own 77.46% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on KWR shares. Wall Street Zen raised shares of Quaker Houghton from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. Royal Bank Of Canada boosted their price objective on Quaker Houghton from $149.00 to $171.00 and gave the company an “outperform” rating in a research note on Monday, November 3rd. Zacks Research raised Quaker Houghton from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 20th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Quaker Houghton in a research note on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $152.33.

Quaker Houghton Stock Down 1.3%

KWR stock opened at $144.06 on Thursday. The stock’s 50 day simple moving average is $137.35 and its 200 day simple moving average is $132.93. The company has a market cap of $2.50 billion, a P/E ratio of -293.99, a price-to-earnings-growth ratio of 1.36 and a beta of 1.33. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.77 and a current ratio of 2.47. Quaker Houghton has a fifty-two week low of $95.91 and a fifty-two week high of $148.80.

Quaker Houghton (NYSE:KWR) last released its quarterly earnings data on Thursday, October 30th. The specialty chemicals company reported $2.08 EPS for the quarter, beating the consensus estimate of $1.94 by $0.14. Quaker Houghton had a positive return on equity of 8.64% and a negative net margin of 0.48%.The firm had revenue of $493.84 million during the quarter, compared to the consensus estimate of $475.06 million. During the same quarter in the previous year, the company posted $1.89 earnings per share. The company’s quarterly revenue was up 6.8% on a year-over-year basis. On average, research analysts expect that Quaker Houghton will post 7.75 earnings per share for the current fiscal year.

Quaker Houghton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 16th will be issued a dividend of $0.508 per share. This represents a $2.03 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, January 16th. Quaker Houghton’s dividend payout ratio (DPR) is currently -414.29%.

About Quaker Houghton

Quaker Houghton is a global provider of process fluids, chemical specialties and sustainable solutions for industrial applications. The company develops and supplies metalworking fluids, coatings, and corrosion inhibitors, as well as heat transfer, lubrication and additive products designed to improve productivity and extend equipment life. Its portfolio addresses a range of end markets including automotive, aerospace, defense, energy, mining, agriculture and heavy industry.

The company traces its roots back to the founding of Quaker Chemical Corporation in 1918 and Houghton International in 1865.