2,874 Shares in Quaker Chemical Corporation (KWR) Purchased by Piedmont Investment Advisors LLC

Piedmont Investment Advisors LLC acquired a new position in Quaker Chemical Corporation (NYSE:KWR) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,874 shares of the specialty chemicals company’s stock, valued at approximately $417,000.

A number of other hedge funds have also recently modified their holdings of the business. BlackRock Inc. grew its position in Quaker Chemical Corporation by 82,132.2% in the 1st quarter. BlackRock Inc. now owns 1,568,991 shares of the specialty chemicals company’s stock worth $206,573,000 after purchasing an additional 1,567,083 shares in the last quarter. Vanguard Group Inc. grew its position in Quaker Chemical Corporation by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 1,187,965 shares of the specialty chemicals company’s stock worth $172,528,000 after purchasing an additional 15,174 shares in the last quarter. Neuberger Berman Group LLC grew its position in Quaker Chemical Corporation by 6.5% in the 2nd quarter. Neuberger Berman Group LLC now owns 610,234 shares of the specialty chemicals company’s stock worth $88,624,000 after purchasing an additional 37,365 shares in the last quarter. JPMorgan Chase & Co. grew its position in Quaker Chemical Corporation by 6.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 543,906 shares of the specialty chemicals company’s stock worth $78,991,000 after purchasing an additional 33,085 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Quaker Chemical Corporation by 0.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 517,220 shares of the specialty chemicals company’s stock worth $68,097,000 after purchasing an additional 1,340 shares in the last quarter. 82.75% of the stock is owned by institutional investors and hedge funds.

Shares of Quaker Chemical Corporation (NYSE KWR) opened at 150.84 on Friday. The firm has a 50-day moving average of $146.60 and a 200-day moving average of $142.87. The company has a market capitalization of $2.01 billion, a P/E ratio of 38.34 and a beta of 1.24. Quaker Chemical Corporation has a 12 month low of $102.86 and a 12 month high of $154.38.

Quaker Chemical Corporation (NYSE:KWR) last issued its earnings results on Thursday, July 27th. The specialty chemicals company reported $1.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.24. The business had revenue of $201.18 million during 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 revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.11 earnings per share. On average, equities analysts predict that Quaker Chemical Corporation will post $4.93 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Tuesday, October 17th will be issued a $0.355 dividend. The ex-dividend date of this dividend is Monday, October 16th. This represents a $1.42 annualized dividend and a yield of 0.94%. Quaker Chemical Corporation’s dividend payout ratio (DPR) is presently 36.13%.

A number of equities research analysts have issued reports on the stock. BidaskClub downgraded shares of Quaker Chemical Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 10th. Zacks Investment Research raised shares of Quaker Chemical Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, October 10th. FBR & Co reaffirmed a “marketperform” rating on shares of Quaker Chemical Corporation in a research report on Tuesday, July 11th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a $153.00 price objective on shares of Quaker Chemical Corporation in a research report on Wednesday, July 19th.

TRADEMARK VIOLATION NOTICE: This piece of content was originally published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece of content on another website, it was illegally stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this piece of content can be accessed at https://ledgergazette.com/2017/10/21/2874-shares-in-quaker-chemical-corporation-kwr-purchased-by-piedmont-investment-advisors-llc.html.

In other news, VP Jan Nieman sold 1,000 shares of Quaker Chemical Corporation stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $140.00, for a total value of $140,000.00. Following the completion of the sale, the vice president now directly owns 15,636 shares in the company, valued at $2,189,040. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Donald R. Caldwell sold 1,800 shares of Quaker Chemical Corporation stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $139.55, for a total transaction of $251,190.00. Following the completion of the sale, the director now owns 9,281 shar

A number of other hedge funds have also recently modified their holdings of the business. BlackRock Inc. grew its position in Quaker Chemical Corporation by 82,132.2% in the 1st quarter. BlackRock Inc. now owns 1,568,991 shares of the specialty chemicals company’s stock worth $206,573,000 after purchasing an additional 1,567,083 shares in the last quarter. Vanguard Group Inc. grew its position in Quaker Chemical Corporation by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 1,187,965 shares of the specialty chemicals company’s stock worth $172,528,000 after purchasing an additional 15,174 shares in the last quarter. Neuberger Berman Group LLC grew its position in Quaker Chemical Corporation by 6.5% in the 2nd quarter. Neuberger Berman Group LLC now owns 610,234 shares of the specialty chemicals company’s stock worth $88,624,000 after purchasing an additional 37,365 shares in the last quarter. JPMorgan Chase & Co. grew its position in Quaker Chemical Corporation by 6.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 543,906 shares of the specialty chemicals company’s stock worth $78,991,000 after purchasing an additional 33,085 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Quaker Chemical Corporation by 0.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 517,220 shares of the specialty chemicals company’s stock worth $68,097,000 after purchasing an additional 1,340 shares in the last quarter. 82.75% of the stock is owned by institutional investors and hedge funds.

Shares of Quaker Chemical Corporation (NYSE KWR) opened at 150.84 on Friday. The firm has a 50-day moving average of $146.60 and a 200-day moving average of $142.87. The company has a market capitalization of $2.01 billion, a P/E ratio of 38.34 and a beta of 1.24. Quaker Chemical Corporation has a 12 month low of $102.86 and a 12 month high of $154.38.

Quaker Chemical Corporation (NYSE:KWR) last issued its earnings results on Thursday, July 27th. The specialty chemicals company reported $1.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.24. The business had revenue of $201.18 million during 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 revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.11 earnings per share. On average, equities analysts predict that Quaker Chemical Corporation will post $4.93 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Tuesday, October 17th will be issued a $0.355 dividend. The ex-dividend date of this dividend is Monday, October 16th. This represents a $1.42 annualized dividend and a yield of 0.94%. Quaker Chemical Corporation’s dividend payout ratio (DPR) is presently 36.13%.

A number of equities research analysts have issued reports on the stock. BidaskClub downgraded shares of Quaker Chemical Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 10th. Zacks Investment Research raised shares of Quaker Chemical Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, October 10th. FBR & Co reaffirmed a “marketperform” rating on shares of Quaker Chemical Corporation in a research report on Tuesday, July 11th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a $153.00 price objective on shares of Quaker Chemical Corporation in a research report on Wednesday, July 19th.

TRADEMARK VIOLATION NOTICE: This piece of content was originally published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece of content on another website, it was illegally stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this piece of content can be accessed at https://ledgergazette.com/2017/10/21/2874-shares-in-quaker-chemical-corporation-kwr-purchased-by-piedmont-investment-advisors-llc.html.

In other news, VP Jan Nieman sold 1,000 shares of Quaker Chemical Corporation stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $140.00, for a total value of $140,000.00. Following the completion of the sale, the vice president now directly owns 15,636 shares in the company, valued at $2,189,040. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Donald R. Caldwell sold 1,800 shares of Quaker Chemical Corporation stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $139.55, for a total transaction of $251,190.00. Following the completion of the sale, the director now owns 9,281 shares of the company’s stock, valued at $1,295,163.55. The disclosure for this sale can be found here. Insiders sold 4,800 shares of company stock valued at $686,190 over the last ninety days. Corporate insiders own 3.60% of the company’s stock.

Quaker Chemical Corporation 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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Institutional Ownership by Quarter for Quaker Chemical Corporation (NYSE:KWR)

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