Quaker Chemical Corp (NYSE:KWR) VP D Jeffry Benoliel sold 3,625 shares of Quaker Chemical stock in a transaction that occurred on Tuesday, March 6th. The stock was sold at an average price of $150.38, for a total transaction of $545,127.50. Following the transaction, the vice president now owns 5,827 shares in the company, valued at $876,264.26. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Quaker Chemical Corp (NYSE KWR) traded down $1.07 during trading on Wednesday, hitting $156.58. 58,927 shares of the stock traded hands, compared to its average volume of 56,145. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.06 and a current ratio of 2.63. Quaker Chemical Corp has a fifty-two week low of $126.18 and a fifty-two week high of $165.93. The stock has a market cap of $2,080.00, a PE ratio of 84.18, a P/E/G ratio of 2.62 and a beta of 1.34.
Quaker Chemical (NYSE:KWR) last posted its quarterly earnings results on Wednesday, February 28th. The specialty chemicals company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.26 by $0.01. Quaker Chemical had a net margin of 2.47% and a return on equity of 15.48%. The business had revenue of $211.10 million for the quarter, compared to analysts’ expectations of $208.07 million. During the same period in the previous year, the company posted $1.26 EPS. Quaker Chemical’s revenue was up 10.4% on a year-over-year basis. research analysts anticipate that Quaker Chemical Corp will post 5.46 earnings per share for the current year.
Several institutional investors have recently bought and sold shares of the company. Xact Kapitalforvaltning AB purchased a new position in shares of Quaker Chemical during the 4th quarter valued at $223,000. BRYN MAWR TRUST Co grew its holdings in shares of Quaker Chemical by 2.3% during the 4th quarter. BRYN MAWR TRUST Co now owns 46,519 shares of the specialty chemicals company’s stock valued at $7,014,000 after acquiring an additional 1,046 shares in the last quarter. Sterling Capital Management LLC purchased a new position in shares of Quaker Chemical during the 4th quarter valued at $1,024,000. MetLife Investment Advisors LLC purchased a new position in shares of Quaker Chemical during the 4th quarter valued at $880,000. Finally, Millennium Management LLC purchased a new position in shares of Quaker Chemical during the 4th quarter valued at $320,000. Institutional investors and hedge funds own 92.22% of the company’s stock.
Several equities analysts have weighed in on KWR shares. B. Riley set a $165.00 price objective on shares of Quaker Chemical and gave the stock a “hold” rating in a research report on Monday, November 20th. ValuEngine cut shares of Quaker Chemical from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Zacks Investment Research cut shares of Quaker Chemical from a “hold” rating to a “sell” rating in a research report on Thursday, December 28th. Finally, TheStreet cut shares of Quaker Chemical from a “b” rating to a “c+” rating in a research report on Monday, March 5th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $164.75.
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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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