Natixis Advisors LLC Lowers Holdings in Quaker Chemical Co. (NYSE:KWR)

Natixis Advisors LLC lessened its stake in Quaker Chemical Co. (NYSE:KWR) by 2.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,392 shares of the specialty chemicals company’s stock after selling 372 shares during the quarter. Natixis Advisors LLC owned approximately 0.08% of Quaker Chemical worth $2,026,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC purchased a new stake in Quaker Chemical during the fourth quarter valued at $58,000. KBC Group NV raised its position in shares of Quaker Chemical by 32.8% during the 4th quarter. KBC Group NV now owns 697 shares of the specialty chemicals company’s stock valued at $98,000 after buying an additional 172 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. increased its stake in Quaker Chemical by 100.0% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 906 shares of the specialty chemicals company’s stock worth $153,000 after acquiring an additional 453 shares during the last quarter. iSAM Funds UK Ltd purchased a new stake in Quaker Chemical during the third quarter valued at approximately $208,000. Finally, Edgestream Partners L.P. bought a new stake in shares of Quaker Chemical in the 3rd quarter valued at approximately $215,000. Institutional investors own 77.46% of the company’s stock.

Quaker Chemical Trading Up 1.5 %

NYSE KWR opened at $131.28 on Tuesday. The stock has a market cap of $2.32 billion, a PE ratio of 19.25, a PEG ratio of 1.62 and a beta of 1.43. Quaker Chemical Co. has a 12 month low of $124.66 and a 12 month high of $207.83. The company’s 50-day moving average price is $137.01 and its 200-day moving average price is $149.71. The company has a current ratio of 2.54, a quick ratio of 1.88 and a debt-to-equity ratio of 0.48.

Quaker Chemical (NYSE:KWR) last announced its quarterly earnings results on Monday, February 24th. The specialty chemicals company reported $1.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.62 by ($0.29). The firm had revenue of $444.09 million during the quarter, compared to analysts’ expectations of $430.47 million. Quaker Chemical had a net margin of 6.58% and a return on equity of 10.10%. During the same quarter in the previous year, the firm posted $1.78 EPS. Equities research analysts forecast that Quaker Chemical Co. will post 7.75 earnings per share for the current year.

Quaker Chemical Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be issued a dividend of $0.485 per share. This represents a $1.94 annualized dividend and a yield of 1.48%. The ex-dividend date is Wednesday, April 16th. Quaker Chemical’s payout ratio is 29.80%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Piper Sandler reissued a “neutral” rating and set a $170.00 target price (down previously from $200.00) on shares of Quaker Chemical in a research report on Tuesday, January 7th. StockNews.com cut shares of Quaker Chemical from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Finally, Royal Bank of Canada dropped their price target on shares of Quaker Chemical from $172.00 to $169.00 and set an “outperform” rating for the company in a research note on Wednesday, February 26th.

About Quaker Chemical

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.