Tudor Investment Corp ET AL Sells 16,247 Shares of Quaker Chemical Co. (NYSE:KWR)

Tudor Investment Corp ET AL lessened its holdings in Quaker Chemical Co. (NYSE:KWR - Free Report) by 52.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 14,776 shares of the specialty chemicals company's stock after selling 16,247 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.08% of Quaker Chemical worth $2,080,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Bridge City Capital LLC grew its holdings in Quaker Chemical by 0.5% during 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. Harbor Capital Advisors Inc. grew its stake in shares of Quaker Chemical by 1.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 9,013 shares of the specialty chemicals company's stock worth $1,269,000 after purchasing an additional 110 shares during the period. Covestor Ltd increased its holdings in Quaker Chemical by 24.8% in the fourth quarter. Covestor Ltd now owns 665 shares of the specialty chemicals company's stock valued at $94,000 after purchasing an additional 132 shares during the last quarter. Park Avenue Securities LLC lifted its stake in 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 buying an additional 146 shares during the period. Finally, Corient Private Wealth LLC boosted its holdings in Quaker Chemical by 5.1% during the fourth quarter. Corient Private Wealth LLC now owns 3,095 shares of the specialty chemicals company's stock worth $436,000 after buying an additional 149 shares during the last quarter. Institutional investors and hedge funds own 77.46% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently commented on KWR shares. Piper Sandler lowered their price target on Quaker Chemical from $170.00 to $140.00 and set a "neutral" rating for the company in a research note on Wednesday, April 2nd. StockNews.com downgraded shares of Quaker Chemical from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Finally, Royal Bank of Canada reduced their price target on shares of Quaker Chemical from $172.00 to $169.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 26th.

Quaker Chemical Trading Down 2.3 %

NYSE:KWR opened at $103.56 on Friday. The business's 50-day simple moving average is $118.58 and its 200-day simple moving average is $138.14. Quaker Chemical Co. has a fifty-two week low of $95.91 and a fifty-two week high of $197.03. 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 stock has a market capitalization of $1.83 billion, a PE ratio of 15.18, a price-to-earnings-growth ratio of 1.62 and a beta of 1.44.

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

Quaker Chemical Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th were given a $0.485 dividend. This represents a $1.94 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date was Wednesday, April 16th. 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.

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