Several other equities analysts have also recently commented on KWR.
Also, the number of active investment managers holding Quaker Chemical Corp in their top 10 positions increased from 0 to 1 for an increase of 1. Zacks Investment Research raised shares of Quaker Chemical Corporation from a "hold" rating to a "buy" rating and set a $160.00 target price on the stock in a report on Wednesday, May 10th.
Quaker Chemical Corporation (NYSE:KWR) last posted its quarterly earnings data on Thursday, July 27th. State of Alaska Department of Revenue raised its position in Quaker Chemical Corporation by 2.8% in the first quarter.
Shares of Quaker Chemical Corporation (NYSE:KWR) traded down 0.5857% on Friday, hitting $134.6965. Bryn Mawr Tru Company accumulated 0.42% or 52,953 shares. The company has a market cap of $1.79 billion, a price-to-earnings ratio of 34.226 and a beta of 1.22.
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 stock's 50 day moving average price is $144.79 and its 200 day moving average price is $138.68.
Bard Associates Inc holds 1.68% of its portfolio in Quaker Chemical Corp for 28,280 shares. The business had revenue of $201.18 million for the quarter, compared to analysts' expectations of $197.23 million. Quaker Chemical Corporation had a net margin of 6.73% and a return on equity of 15.52%. The business's revenue was up 7.6% on a year-over-year basis. The specialty chemicals company reported $1.24 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $1.24. As of the latest earnings report the EPS was $3.93 and is estimated to be $4.93 for the current year with 13,309,000 shares now outstanding.
TRADEMARK VIOLATION WARNING: "Teachers Retirement System of The State of Kentucky Continues to Hold Stake in Quaker Chemical Corporation (NYSE:KWR)" was reported by Markets Daily and is the sole property of of Markets Daily. If you are viewing this piece of content on another domain, it was illegally stolen and republished in violation of US & global copyright legislation. The correct version of this piece can be read at https://www.thestockobserver.com/2017/08/11/quaker-chemical-corporations-kwr-marketperform-rating-reaffirmed-at-fbr-co-updated-updated-updated.html. The stock was sold at an average price of $137.69, for a total transaction of $413,070.00. Following the sale, the director now owns 9,210 shares in the company, valued at $1,276,506. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
In other Quaker Chemical Corporation news, Director Donald R. Caldwell sold 1,800 shares of the firm's stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $138.60, for a total value of $138,600.00. The disclosure for this sale can be found here. Following the sale, the director now owns 9,281 shares of the company's stock, valued at approximately $1,295,163.55.
Institutional investors have recently made changes to their positions in the company. LS Investment Advisors LLC boosted its position in Quaker Chemical Corporation by 54.2% in the first quarter. Municipal Employees Retirement System of MI now owns 3,030 shares of the specialty chemicals company's stock worth $399,000 after buying an additional 40 shares in the last quarter. Capital Fund Management S.A. acquired a new position in shares of Quaker Chemical Corporation during the first quarter worth about $908,000. Legato Capital Management LLC now owns 56,219 shares of the specialty chemicals company's stock valued at $427,000 after buying an additional 55,792 shares during the last quarter. Municipal Employees Retirement System of MI now owns 3,030 shares of the specialty chemicals company's stock valued at $399,000 after buying an additional 40 shares during the period.
Aberdeen Asset Management PLC/UK says it bought 198,751 shares in the previous quarter increasing its holdings in Quaker Chemical Corporation by 257.6%. The fund owned 25,695 shares of the specialty chemicals company's stock after buying an additional 578 shares during the period. Finally, Municipal Employees Retirement System of MI raised its position in Quaker Chemical Corporation by 1.3% in the first quarter.