Quaker Chemical Corporation (NYSE:KWR) had its price target boosted by Jefferies Group from $110.00 to $119.00 in a research note issued to investors on Monday. They currently have a hold rating on the stock.

Separately, Zacks Investment Research upgraded Quaker Chemical Corporation from a hold rating to a buy rating and set a $144.00 target price for the company in a report on Tuesday, January 3rd.

Quaker Chemical Corporation (NYSE:KWR) traded up 0.09% during trading on Monday, reaching $128.47. The company had a trading volume of 3,070 shares. Quaker Chemical Corporation has a 52 week low of $68.20 and a 52 week high of $139.92. The stock has a 50 day moving average price of $129.46 and a 200 day moving average price of $108.17. The firm has a market capitalization of $1.70 billion, a P/E ratio of 30.76 and a beta of 1.15.

Quaker Chemical Corporation (NYSE:KWR) last posted its earnings results on Wednesday, October 26th. The company reported $1.25 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.05. The company earned $190.40 million during the quarter, compared to analyst estimates of $190.83 million. Quaker Chemical Corporation had a return on equity of 15.02% and a net margin of 7.49%. Quaker Chemical Corporation’s revenue was up .6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.19 earnings per share. Analysts predict that Quaker Chemical Corporation will post $4.54 earnings per share for the current year.

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The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 31st. Stockholders of record on Tuesday, January 17th will be issued a dividend of $345.00 per share. This represents a $1,380.00 annualized dividend and a dividend yield of 1,075.19%. The ex-dividend date is Thursday, January 12th. This is a positive change from Quaker Chemical Corporation’s previous quarterly dividend of $0.35. Quaker Chemical Corporation’s dividend payout ratio is currently 33.01%.

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of Quaker Chemical Corporation by 2.9% in the second quarter. Vanguard Group Inc. now owns 1,022,205 shares of the company’s stock valued at $91,180,000 after buying an additional 28,617 shares in the last quarter. BlackRock Fund Advisors raised its stake in shares of Quaker Chemical Corporation by 7.6% in the third quarter. BlackRock Fund Advisors now owns 905,063 shares of the company’s stock valued at $95,873,000 after buying an additional 63,982 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Quaker Chemical Corporation by 1.3% in the second quarter. Dimensional Fund Advisors LP now owns 505,271 shares of the company’s stock valued at $45,069,000 after buying an additional 6,603 shares in the last quarter. Neuberger Berman Group LLC raised its stake in shares of Quaker Chemical Corporation by 25.8% in the third quarter. Neuberger Berman Group LLC now owns 472,110 shares of the company’s stock valued at $50,011,000 after buying an additional 96,854 shares in the last quarter. Finally, BlackRock Institutional Trust Company N.A. raised its stake in shares of Quaker Chemical Corporation by 1.5% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 330,223 shares of the company’s stock valued at $34,981,000 after buying an additional 4,721 shares in the last quarter. Hedge funds and other institutional investors own 82.23% of the company’s stock.

About Quaker Chemical Corporation

Quaker Chemical Corporation is engaged in providing process fluids, chemical specialties and technical expertise to a range of industries, including steel, aluminum, automotive, mining, aerospace, tube and pipe, cans and others. The Company operates through four segments: North America, the Europe; Middle East and Africa (EMEA); Asia/Pacific, and South America.

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