Quaker Chemical Co. (NYSE:KWR) Shares Bought by Deutsche Bank AG

Deutsche Bank AG increased its position in Quaker Chemical Co. (NYSE:KWR - Free Report) by 117.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,109 shares of the specialty chemicals company's stock after buying an additional 9,796 shares during the period. Deutsche Bank AG owned about 0.10% of Quaker Chemical worth $2,549,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Bridge City Capital LLC grew its stake in Quaker Chemical by 0.5% in the 4th quarter. Bridge City Capital LLC now owns 16,107 shares of the specialty chemicals company's stock worth $2,267,000 after acquiring an additional 85 shares during the period. EP Wealth Advisors LLC boosted its holdings in shares of Quaker Chemical by 6.7% during the fourth quarter. EP Wealth Advisors LLC now owns 1,512 shares of the specialty chemicals company's stock worth $213,000 after purchasing an additional 95 shares during the last quarter. Covestor Ltd boosted its holdings in shares of Quaker Chemical by 24.8% during the fourth quarter. Covestor Ltd now owns 665 shares of the specialty chemicals company's stock worth $94,000 after purchasing an additional 132 shares during the last quarter. Park Avenue Securities LLC grew its position in shares of Quaker Chemical by 9.2% in the fourth quarter. Park Avenue Securities LLC now owns 1,729 shares of the specialty chemicals company's stock valued at $243,000 after purchasing an additional 146 shares during the period. Finally, Corient Private Wealth LLC increased its stake in Quaker Chemical by 5.1% in the fourth quarter. Corient Private Wealth LLC now owns 3,095 shares of the specialty chemicals company's stock valued at $436,000 after purchasing an additional 149 shares during the last quarter. Institutional investors and hedge funds own 77.46% of the company's stock.

Quaker Chemical Trading Up 4.8%

KWR stock traded up $5.16 during trading on Tuesday, reaching $111.64. 205,139 shares of the stock traded hands, compared to its average volume of 133,137. The firm has a market capitalization of $1.97 billion, a PE ratio of 16.37, a P/E/G ratio of 1.62 and a beta of 1.42. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.54 and a quick ratio of 1.88. The business's 50 day moving average price is $108.99 and its 200-day moving average price is $131.71. Quaker Chemical Co. has a 52-week low of $95.91 and a 52-week high of $193.74.

Quaker Chemical (NYSE:KWR - Get Free Report) last issued its earnings results on Thursday, May 1st. The specialty chemicals company reported $1.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.52 by $0.06. Quaker Chemical had a return on equity of 10.10% and a net margin of 6.58%. The business had revenue of $442.91 million during the quarter, compared to analysts' expectations of $455.23 million. During the same quarter in the previous year, the business earned $2.09 EPS. The company's revenue for the quarter was down 5.7% on a year-over-year basis. As a group, sell-side analysts forecast that Quaker Chemical Co. will post 7.75 earnings per share for the current year.

Quaker Chemical Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 17th will be given a $0.485 dividend. This represents a $1.94 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend is Thursday, July 17th. Quaker Chemical's payout ratio is currently 36.67%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Wall Street Zen lowered Quaker Chemical from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Piper Sandler cut their price objective on shares of Quaker Chemical from $170.00 to $140.00 and set a "neutral" rating on the stock in a report on Wednesday, April 2nd. Finally, Royal Bank of Canada lowered their target price on shares of Quaker Chemical from $172.00 to $169.00 and set an "outperform" rating for the company in a report 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.