Quaker Chemical Corporation (NYSE:KWR) was downgraded by research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a report issued on Thursday.

Several other analysts have also recently weighed in on KWR. 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. FBR & Co reiterated a “marketperform” rating on shares of Quaker Chemical Corporation in a research note on Tuesday, July 11th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $153.00 price target on shares of Quaker Chemical Corporation in a research note on Wednesday, July 19th.

Quaker Chemical Corporation (NYSE:KWR) traded down 0.81% on Thursday, reaching $135.50. 1,289 shares of the company’s stock were exchanged. The stock has a market cap of $1.80 billion, a price-to-earnings ratio of 34.44 and a beta of 1.22. Quaker Chemical Corporation has a one year low of $96.13 and a one year high of $154.38. The firm has a 50 day moving average of $144.79 and a 200-day moving average of $138.68.

Quaker Chemical Corporation (NYSE:KWR) last issued its quarterly earnings results on Thursday, July 27th. The specialty chemicals company reported $1.24 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.24. 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 quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.11 earnings per share. Equities research analysts forecast that Quaker Chemical Corporation will post $4.93 EPS for the current fiscal year.

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In other Quaker Chemical Corporation news, VP D Jeffry Benoliel sold 3,000 shares of the stock in a transaction that occurred on Monday, May 22nd. The shares were sold at an average price of $137.69, for a total value of $413,070.00. Following the transaction, the vice president now directly owns 26,114 shares in the company, valued at $3,595,636.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Donald R. Caldwell sold 1,000 shares of the stock in a transaction that occurred on Friday, May 26th. The shares were sold at an average price of $138.60, for a total transaction of $138,600.00. Following the completion of the transaction, the director now owns 9,210 shares in the company, valued at $1,276,506. The disclosure for this sale can be found here. Insiders sold 5,800 shares of company stock worth $802,860 over the last quarter. 3.60% of the stock is currently owned by insiders.

Institutional investors have recently made changes to their positions in the company. Bank of New York Mellon Corp raised its position in shares of Quaker Chemical Corporation by 35.9% in the first quarter. Bank of New York Mellon Corp now owns 239,215 shares of the specialty chemicals company’s stock worth $31,496,000 after buying an additional 63,207 shares during the period. Capital Fund Management S.A. acquired a new position in shares of Quaker Chemical Corporation during the first quarter worth about $908,000. Advisors Asset Management Inc. raised its position in shares of Quaker Chemical Corporation by 43.0% in the first quarter. Advisors Asset Management Inc. now owns 5,566 shares of the specialty chemicals company’s stock worth $733,000 after buying an additional 1,675 shares during the period. First Trust Advisors LP raised its position in shares of Quaker Chemical Corporation by 65.6% in the first quarter. First Trust Advisors LP now owns 6,596 shares of the specialty chemicals company’s stock worth $868,000 after buying an additional 2,614 shares during the period. Finally, Great West Life Assurance Co. Can raised its position in shares of Quaker Chemical Corporation by 7.0% in the first quarter. Great West Life Assurance Co. Can now owns 18,408 shares of the specialty chemicals company’s stock worth $2,423,000 after buying an additional 1,208 shares during the period. Institutional investors and hedge funds own 83.19% of the company’s stock.

Quaker Chemical Corporation 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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