Nordwand Advisors LLC Buys New Stake in Quaker Houghton $KWR

Nordwand Advisors LLC purchased a new stake in Quaker Houghton (NYSE:KWR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,500 shares of the specialty chemicals company’s stock, valued at approximately $280,000.

Several other institutional investors and hedge funds have also made changes to their positions in KWR. GAMMA Investing LLC increased its holdings in shares of Quaker Houghton by 151.2% in the 2nd quarter. GAMMA Investing LLC now owns 912 shares of the specialty chemicals company’s stock valued at $102,000 after acquiring an additional 549 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Quaker Houghton by 573.1% in the first quarter. Caitong International Asset Management Co. Ltd now owns 875 shares of the specialty chemicals company’s stock valued at $108,000 after acquiring an additional 745 shares during the period. CWM LLC boosted its stake in Quaker Houghton by 200.0% during the 1st quarter. CWM LLC now owns 1,053 shares of the specialty chemicals company’s stock worth $130,000 after purchasing an additional 702 shares during the period. Integrated Wealth Concepts LLC boosted its stake in shares of Quaker Houghton by 7.1% during the first quarter. Integrated Wealth Concepts LLC now owns 1,650 shares of the specialty chemicals company’s stock worth $204,000 after buying an additional 109 shares during the period. Finally, Bryn Mawr Trust Advisors LLC purchased a new position in shares of Quaker Houghton in the 2nd quarter valued at approximately $216,000. 77.46% of the stock is owned by institutional investors and hedge funds.

Quaker Houghton Stock Down 1.3%

Shares of NYSE:KWR opened at $127.14 on Wednesday. The company has a quick ratio of 1.87, a current ratio of 2.56 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $2.20 billion, a P/E ratio of -295.66, a P/E/G ratio of 1.67 and a beta of 1.47. Quaker Houghton has a 52-week low of $95.91 and a 52-week high of $168.96. The stock’s fifty day simple moving average is $133.94 and its 200-day simple moving average is $125.65.

Quaker Houghton (NYSE:KWR) last posted its quarterly earnings data on Thursday, October 30th. The specialty chemicals company reported $2.08 EPS for the quarter, topping analysts’ consensus estimates of $1.94 by $0.14. The firm had revenue of $493.84 million during the quarter, compared to analysts’ expectations of $475.06 million. Quaker Houghton had a positive return on equity of 8.35% and a negative net margin of 0.39%.The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.89 EPS. As a group, equities research analysts forecast that Quaker Houghton will post 7.75 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Royal Bank Of Canada boosted their price target on shares of Quaker Houghton from $149.00 to $171.00 and gave the stock an “outperform” rating in a research note on Monday, November 3rd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Quaker Houghton in a research note on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Quaker Houghton in a research note on Wednesday, August 13th. Finally, Zacks Research downgraded shares of Quaker Houghton from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 22nd. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $152.33.

About Quaker Houghton

Quaker Chemical Corporation, together with its subsidiaries, develops, produces, and markets various formulated specialty chemical products for a range of heavy industrial and manufacturing applications in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers metal removal fluids, cleaning fluids, corrosion inhibitors, metal drawing and forming fluids, die-cast mold releases, heat treatment and quenchants, metal forging fluids, hydraulic fluids, specialty greases, offshore sub-sea energy control fluids, rolling lubricants, rod and wire drawing fluids, and surface treatment chemicals.