Quaker Chemical Corporation (KWR) Position Held by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado continued to hold its position in Quaker Chemical Corporation (NYSE:KWR) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 120,665 shares of the specialty chemicals company’s stock at the end of the second quarter. Public Employees Retirement Association of Colorado owned 0.91% of Quaker Chemical Corporation worth $17,524,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Macquarie Group Ltd. raised its position in Quaker Chemical Corporation by 7.5% in the fourth quarter. Macquarie Group Ltd. now owns 258,959 shares of the specialty chemicals company’s stock worth $33,131,000 after buying an additional 18,113 shares during the last quarter. Park National Corp OH bought a new position in Quaker Chemical Corporation during the second quarter worth $220,000. BlackRock Inc. raised its position in Quaker Chemical Corporation by 82,132.2% in the first quarter. BlackRock Inc. now owns 1,568,991 shares of the specialty chemicals company’s stock worth $206,573,000 after buying an additional 1,567,083 shares during the period. LS Investment Advisors LLC raised its position in Quaker Chemical Corporation by 54.2% in the first quarter. LS Investment Advisors LLC now owns 777 shares of the specialty chemicals company’s stock worth $102,000 after buying an additional 273 shares during the period. Finally, UBS Asset Management Americas Inc. raised its position in Quaker Chemical Corporation by 42.3% in the first quarter. UBS Asset Management Americas Inc. now owns 5,575 shares of the specialty chemicals company’s stock worth $734,000 after buying an additional 1,656 shares during the period. 82.57% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Quaker Chemical Corporation (NYSE:KWR) opened at 133.09 on Friday. The stock’s 50 day moving average price is $143.21 and its 200-day moving average price is $138.89. The stock has a market capitalization of $1.77 billion, a P/E ratio of 33.83 and a beta of 1.22. Quaker Chemical Corporation has a 1-year low of $96.35 and a 1-year high of $154.38.

Quaker Chemical Corporation (NYSE:KWR) last announced 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. Quaker Chemical Corporation had a net margin of 6.73% and a return on equity of 15.52%. The company had revenue of $201.18 million during the quarter, compared to analyst estimates of $197.23 million. During the same period in the previous year, the business earned $1.11 earnings per share. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. Equities research analysts anticipate that Quaker Chemical Corporation will post $4.93 EPS for the current fiscal year.

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KWR has been the subject of a number of recent analyst reports. Zacks Investment Research lowered Quaker Chemical Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, June 20th. Jefferies Group LLC restated a “hold” rating and set a $153.00 price objective on shares of Quaker Chemical Corporation in a research report on Wednesday, July 19th. FBR & Co restated a “marketperform” rating on shares of Quaker Chemical Corporation in a research report on Tuesday, July 11th. Finally, BidaskClub lowered Quaker Chemical Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 10th.

In other Quaker Chemical Corporation news, Director Donald R. Caldwell sold 1,000 shares of the company’s stock in a transaction dated Friday, May 26th. The shares were sold at an average price of $138.60, for a total transaction of $138,600.00. Following the completion of the sale, the director now directly owns 9,210 shares in the company, valued at $1,276,506. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP D Jeffry Benoliel sold 3,000 shares of the company’s stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $137.69, for a total transaction of $413,070.00. Following the sale, the vice president now owns 26,114 shares of the company’s stock, valued at $3,595,636.66. The disclosure for this sale can be found here. Insiders sold 5,800 shares of company stock valued at $802,860 over the last quarter. 3.60% of the stock is owned by company insiders.

Quaker Chemical Corporation Company 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.

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

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