Schneider Downs Wealth Management Advisors LP bought a new stake in PQ Group Holdings Inc (NYSE:PQG) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 23,334 shares of the company’s stock, valued at approximately $384,000. PQ Group makes up 0.2% of Schneider Downs Wealth Management Advisors LP’s investment portfolio, making the stock its 29th biggest holding.

PQG has been the topic of several recent research reports. Deutsche Bank initiated coverage on PQ Group in a report on Tuesday, October 24th. They set a “buy” rating and a $20.00 price objective on the stock. JPMorgan Chase & Co. initiated coverage on PQ Group in a report on Tuesday, October 24th. They set a “neutral” rating and a $17.00 price objective on the stock. Morgan Stanley initiated coverage on PQ Group in a report on Tuesday, October 24th. They set an “equal weight” rating and a $19.00 price objective on the stock. Jefferies Group initiated coverage on PQ Group in a report on Tuesday, October 24th. They set a “buy” rating and a $23.00 price objective on the stock. Finally, Citigroup initiated coverage on PQ Group in a report on Tuesday, October 24th. They set a “buy” rating and a $20.00 price objective on the stock. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. PQ Group currently has an average rating of “Buy” and a consensus target price of $19.75.

Shares of PQ Group Holdings Inc (PQG) traded up $0.03 during trading hours on Monday, reaching $16.66. The company had a trading volume of 129,700 shares, compared to its average volume of 202,531. The company has a debt-to-equity ratio of 2.40, a current ratio of 1.84 and a quick ratio of 1.04. PQ Group Holdings Inc has a twelve month low of $14.65 and a twelve month high of $17.65.

PQ Group (NYSE:PQG) last announced its earnings results on Monday, November 13th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.03. The company had revenue of $391.80 million for the quarter, compared to the consensus estimate of $393.86 million. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.12 earnings per share. analysts expect that PQ Group Holdings Inc will post 0.48 earnings per share for the current fiscal year.

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PQ Group Profile

PQ Group Holdings Inc is a global provider of catalysts, specialty materials, chemicals and services that enable environmental improvements. The Company’s products and solutions help companies produce vehicles with fuel efficiency. The Company has developed zeolite-based catalysts to reduce pollutants in diesel engines.

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