Quaker Chemical Corp (NYSE:KWR) Director Joseph A. Berquist sold 266 shares of the business’s stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $210.00, for a total value of $55,860.00. Following the transaction, the director now owns 9,911 shares in the company, valued at approximately $2,081,310. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Shares of NYSE:KWR traded down $8.92 during trading on Friday, hitting $186.92. The company’s stock had a trading volume of 715 shares, compared to its average volume of 41,864. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.11 and a current ratio of 2.72. Quaker Chemical Corp has a fifty-two week low of $137.95 and a fifty-two week high of $217.15. The stock has a market cap of $2.64 billion, a price-to-earnings ratio of 38.54, a price-to-earnings-growth ratio of 3.01 and a beta of 1.39.

Quaker Chemical (NYSE:KWR) last released its quarterly earnings results on Thursday, November 1st. The specialty chemicals company reported $1.60 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.53 by $0.07. Quaker Chemical had a return on equity of 18.36% and a net margin of 4.83%. The business had revenue of $222.02 million for the quarter, compared to analysts’ expectations of $221.31 million. During the same quarter in the previous year, the firm posted $1.32 earnings per share. The company’s revenue was up 4.3% compared to the same quarter last year. On average, equities research analysts predict that Quaker Chemical Corp will post 5.97 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 31st. Investors of record on Thursday, January 17th will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend is Wednesday, January 16th. Quaker Chemical’s dividend payout ratio (DPR) is 29.54%.

A number of research analysts have commented on the company. Zacks Investment Research cut Quaker Chemical from a “hold” rating to a “sell” rating in a research note on Thursday, November 8th. Sidoti boosted their price objective on Quaker Chemical from $151.00 to $176.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 10th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $179.40.

Several large investors have recently added to or reduced their stakes in the stock. Belpointe Asset Management LLC bought a new position in shares of Quaker Chemical during the third quarter valued at approximately $101,000. O Shaughnessy Asset Management LLC bought a new position in shares of Quaker Chemical during the third quarter valued at approximately $104,000. Fruth Investment Management bought a new position in shares of Quaker Chemical during the third quarter valued at approximately $202,000. WealthTrust Axiom LLC bought a new position in shares of Quaker Chemical during the third quarter valued at approximately $202,000. Finally, CIBC Asset Management Inc bought a new position in shares of Quaker Chemical during the third quarter valued at approximately $203,000. Institutional investors and hedge funds own 94.36% of the company’s stock.

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Quaker Chemical Company Profile

Quaker Chemical Corporation develops, produces, and markets various formulated chemical specialty products for a range of heavy industrial and manufacturing applications in North America, Europe, the Middle East, Africa, the Asia/Pacific, and South America. Its products include rolling lubricants used by manufacturers of steel in the hot and cold rolling of steel, and aluminum in the hot rolling of aluminum; machining and grinding compounds for use in cutting, shaping, and grinding metal parts; hydraulic fluids for steel, metalworking, and other customers to operate hydraulic equipment; corrosion preventives to protect metals during manufacture, storage, and shipment; and specialty greases used in automotive and aerospace production processes, steel manufacturing, and various other applications.

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