Shares of Quaker Chemical Corp (NYSE:KWR) have received an average recommendation of “Hold” from the six research firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $161.00.

KWR has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of Quaker Chemical from a “hold” rating to a “buy” rating and set a $171.00 target price for the company in a research report on Wednesday, November 1st. FBR & Co set a $165.00 target price on shares of Quaker Chemical and gave the company a “hold” rating in a research report on Friday, October 27th. ValuEngine lowered shares of Quaker Chemical from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, B. Riley set a $165.00 target price on shares of Quaker Chemical and gave the company a “hold” rating in a research report on Monday, November 20th.

In other Quaker Chemical news, VP L Wilbert Platzer sold 1,000 shares of the company’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $156.75, for a total value of $156,750.00. Following the completion of the sale, the vice president now directly owns 5,810 shares of the company’s stock, valued at approximately $910,717.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Adrian Steeples sold 4,911 shares of the company’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $155.71, for a total transaction of $764,691.81. Following the completion of the sale, the director now directly owns 6,193 shares of the company’s stock, valued at $964,312.03. The disclosure for this sale can be found here. Insiders sold a total of 23,938 shares of company stock valued at $3,786,305 over the last three months. 3.60% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of KWR. Flinton Capital Management LLC lifted its stake in Quaker Chemical by 29.7% during the second quarter. Flinton Capital Management LLC now owns 768 shares of the specialty chemicals company’s stock valued at $111,000 after buying an additional 176 shares in the last quarter. Riverhead Capital Management LLC lifted its stake in Quaker Chemical by 55.3% during the second quarter. Riverhead Capital Management LLC now owns 932 shares of the specialty chemicals company’s stock valued at $135,000 after buying an additional 332 shares in the last quarter. Advisor Group Inc. lifted its stake in Quaker Chemical by 15.6% during the second quarter. Advisor Group Inc. now owns 954 shares of the specialty chemicals company’s stock valued at $139,000 after buying an additional 129 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in Quaker Chemical during the second quarter valued at about $246,000. Finally, Virginia Retirement Systems ET AL purchased a new stake in Quaker Chemical during the third quarter valued at about $252,000. 84.09% of the stock is owned by institutional investors.

Shares of Quaker Chemical (NYSE:KWR) traded down $0.60 on Friday, reaching $157.54. 80,500 shares of the company were exchanged, compared to its average volume of 78,357. The company has a market cap of $2,103.15, a price-to-earnings ratio of 44.38, a PEG ratio of 2.58 and a beta of 1.36. 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 12-month low of $124.92 and a 12-month high of $165.93.

Quaker Chemical (NYSE:KWR) last announced its earnings results on Thursday, October 26th. The specialty chemicals company reported $1.32 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.26 by $0.06. The firm had revenue of $212.90 million during the quarter, compared to analyst estimates of $200.71 million. Quaker Chemical had a net margin of 5.93% and a return on equity of 15.43%. Quaker Chemical’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.25 EPS. research analysts anticipate that Quaker Chemical will post 5 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 17th will be issued a $0.355 dividend. This represents a $1.42 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date of this dividend is Tuesday, January 16th. Quaker Chemical’s payout ratio is 40.00%.

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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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