Quaker Chemical Corp (NYSE:KWR) has been assigned an average rating of “Hold” from the six ratings firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $161.00.
Several equities analysts have recently commented on KWR shares. FBR & Co set a $165.00 price target on shares of Quaker Chemical and gave the stock a “hold” rating in a research report on Friday, October 27th. 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 report on Wednesday, November 1st. B. Riley restated a “neutral” rating on shares of Quaker Chemical in a research report on Wednesday, November 1st. Finally, ValuEngine lowered shares of Quaker Chemical from a “buy” rating to a “hold” rating in a research report on Friday, December 1st.
Quaker Chemical (NYSE:KWR) traded down $0.28 during trading on Wednesday, hitting $148.32. 35,113 shares of the stock traded hands, compared to its average volume of 61,433. The company has a market capitalization of $1,976.28, a price-to-earnings ratio of 41.78, a P/E/G ratio of 2.39 and a beta of 1.31. The company has a quick ratio of 2.25, a current ratio of 2.83 and a debt-to-equity ratio of 0.16. Quaker Chemical has a fifty-two week low of $126.18 and a fifty-two week high of $165.93.
Hedge funds have recently bought and sold shares of the stock. Flinton Capital Management LLC lifted its holdings in Quaker Chemical by 29.7% in the second quarter. Flinton Capital Management LLC now owns 768 shares of the specialty chemicals company’s stock worth $111,000 after purchasing an additional 176 shares during the period. Advisor Group Inc. lifted its holdings in Quaker Chemical by 15.6% in the second quarter. Advisor Group Inc. now owns 954 shares of the specialty chemicals company’s stock worth $139,000 after purchasing an additional 129 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in Quaker Chemical in the second quarter worth about $246,000. Virginia Retirement Systems ET AL acquired a new stake in Quaker Chemical in the third quarter worth about $252,000. Finally, Citadel Advisors LLC acquired a new stake in Quaker Chemical in the third quarter worth about $290,000. 83.39% of the stock is owned by institutional investors and hedge funds.
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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.
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