WBI Investments Inc. cut its stake in Quaker Chemical Corporation (NYSE:KWR) by 30.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,881 shares of the specialty chemicals company’s stock after selling 3,371 shares during the period. WBI Investments Inc. owned 0.06% of Quaker Chemical Corporation worth $1,145,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of KWR. Bank of Montreal Can lifted its holdings in Quaker Chemical Corporation by 8.7% in the first quarter. Bank of Montreal Can now owns 2,213 shares of the specialty chemicals company’s stock worth $292,000 after buying an additional 178 shares during the period. Profund Advisors LLC lifted its holdings in Quaker Chemical Corporation by 20.1% in the first quarter. Profund Advisors LLC now owns 2,064 shares of the specialty chemicals company’s stock worth $272,000 after buying an additional 345 shares during the period. Great West Life Assurance Co. Can lifted its holdings in Quaker Chemical Corporation by 7.0% in the first quarter. Great West Life Assurance Co. Can now owns 18,408 shares of the specialty chemicals company’s stock worth $2,423,000 after buying an additional 1,208 shares during the period. First Trust Advisors LP lifted its holdings in Quaker Chemical Corporation by 65.6% in the first quarter. First Trust Advisors LP now owns 6,596 shares of the specialty chemicals company’s stock worth $868,000 after buying an additional 2,614 shares during the period. Finally, Advisors Asset Management Inc. lifted its holdings in Quaker Chemical Corporation by 43.0% in the first quarter. Advisors Asset Management Inc. now owns 5,566 shares of the specialty chemicals company’s stock worth $733,000 after buying an additional 1,675 shares during the period. Institutional investors and hedge funds own 82.75% of the company’s stock.

In other news, Director Donald R. Caldwell sold 1,800 shares of the stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $139.55, for a total transaction of $251,190.00. Following the transaction, the director now directly owns 9,281 shares in the company, valued at $1,295,163.55. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Jan Nieman sold 1,000 shares of the stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $140.00, for a total transaction of $140,000.00. Following the transaction, the vice president now owns 15,636 shares in the company, valued at $2,189,040. The disclosure for this sale can be found here. 3.60% of the stock is currently owned by company insiders.

Quaker Chemical Corporation (KWR) opened at 141.35 on Friday. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of 35.93 and a beta of 1.22. The stock’s 50 day moving average is $137.93 and its 200 day moving average is $139.59. Quaker Chemical Corporation has a 12-month low of $97.20 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 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.24. The business had revenue of $201.18 million for the quarter, compared to the consensus estimate of $197.23 million. Quaker Chemical Corporation had a net margin of 6.73% and a return on equity of 15.52%. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.11 EPS. Equities analysts predict that Quaker Chemical Corporation will post $4.93 earnings per share for the current fiscal year.

Several equities analysts have recently issued reports on KWR shares. Zacks Investment Research upgraded shares of Quaker Chemical Corporation from a “hold” rating to a “buy” rating and set a $162.00 target price for the company in a report on Wednesday, June 21st. BidaskClub lowered shares of Quaker Chemical Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. Jefferies Group LLC reiterated a “hold” rating and set a $153.00 target price on shares of Quaker Chemical Corporation in a report on Wednesday, July 19th. Finally, FBR & Co reiterated a “marketperform” rating on shares of Quaker Chemical Corporation in a report on Tuesday, July 11th.

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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.

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

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