Kohmann Bosshard Financial Services LLC Purchases Shares of 409 Quaker Chemical Co. (NYSE:KWR)

Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Quaker Chemical Co. (NYSE:KWR) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 409 shares of the specialty chemicals company’s stock, valued at approximately $58,000.

A number of other large investors have also made changes to their positions in KWR. Harbor Capital Advisors Inc. grew its stake in shares of Quaker Chemical by 112.8% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 8,903 shares of the specialty chemicals company’s stock valued at $1,500,000 after purchasing an additional 4,720 shares during the period. Atria Investments Inc grew its stake in shares of Quaker Chemical by 41.1% during the 3rd quarter. Atria Investments Inc now owns 2,641 shares of the specialty chemicals company’s stock valued at $445,000 after purchasing an additional 769 shares during the period. State of New Jersey Common Pension Fund D grew its stake in shares of Quaker Chemical by 12.7% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 11,794 shares of the specialty chemicals company’s stock valued at $1,987,000 after purchasing an additional 1,329 shares during the period. WCM Investment Management LLC purchased a new position in shares of Quaker Chemical during the 3rd quarter valued at about $9,288,000. Finally, Victory Capital Management Inc. lifted its position in shares of Quaker Chemical by 5.1% during the 3rd quarter. Victory Capital Management Inc. now owns 5,332 shares of the specialty chemicals company’s stock valued at $898,000 after buying an additional 259 shares in the last quarter. 77.46% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on KWR. StockNews.com cut Quaker Chemical from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Royal Bank of Canada lowered their price objective on Quaker Chemical from $172.00 to $169.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 26th. Deutsche Bank Aktiengesellschaft lowered their price objective on Quaker Chemical from $190.00 to $182.00 and set a “buy” rating on the stock in a research report on Monday, November 4th. Finally, Piper Sandler reaffirmed a “neutral” rating and set a $170.00 price objective (down from $200.00) on shares of Quaker Chemical in a research report on Tuesday, January 7th.

Quaker Chemical Stock Down 3.8 %

NYSE KWR opened at $133.79 on Tuesday. The stock’s 50 day moving average is $138.20 and its 200 day moving average is $153.42. 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 Co. has a 12 month low of $124.66 and a 12 month high of $207.83. The stock has a market cap of $2.36 billion, a PE ratio of 19.62, a P/E/G ratio of 1.62 and a beta of 1.39.

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

Quaker Chemical Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be issued a $0.485 dividend. The ex-dividend date is Wednesday, April 16th. This represents a $1.94 dividend on an annualized basis and a yield of 1.45%. Quaker Chemical’s dividend payout ratio is presently 29.80%.

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.