Michael F. Barry Sells 15,000 Shares of Quaker Chemical Co. (NYSE:KWR) Stock

Quaker Chemical Co. (NYSE:KWR) CEO Michael F. Barry sold 15,000 shares of the firm’s stock in a transaction dated Monday, May 10th. The stock was sold at an average price of $236.42, for a total transaction of $3,546,300.00. Following the sale, the chief executive officer now owns 102,219 shares of the company’s stock, valued at approximately $24,166,615.98. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of Quaker Chemical stock opened at $234.74 on Friday. Quaker Chemical Co. has a twelve month low of $154.51 and a twelve month high of $301.99. The company has a quick ratio of 1.62, a current ratio of 2.13 and a debt-to-equity ratio of 0.69. The company has a 50-day simple moving average of $240.96 and a two-hundred day simple moving average of $252.53. The stock has a market capitalization of $4.20 billion, a price-to-earnings ratio of 652.07 and a beta of 1.52.

Quaker Chemical (NYSE:KWR) last issued its quarterly earnings data on Thursday, May 6th. The specialty chemicals company reported $2.11 earnings per share for the quarter, topping the consensus estimate of $1.46 by $0.65. Quaker Chemical had a net margin of 0.45% and a return on equity of 6.63%. The business had revenue of $429.80 million during the quarter, compared to analysts’ expectations of $381.67 million. During the same quarter in the previous year, the company earned $1.38 EPS. The business’s revenue was up 13.5% on a year-over-year basis. On average, sell-side analysts anticipate that Quaker Chemical Co. will post 4.65 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 30th. Shareholders of record on Friday, July 16th will be paid a $0.395 dividend. This represents a $1.58 annualized dividend and a yield of 0.67%. The ex-dividend date is Thursday, July 15th. Quaker Chemical’s dividend payout ratio (DPR) is 27.10%.

A number of institutional investors have recently modified their holdings of the business. Oregon Public Employees Retirement Fund raised its stake in Quaker Chemical by 1.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 5,315 shares of the specialty chemicals company’s stock worth $1,347,000 after purchasing an additional 51 shares in the last quarter. US Bancorp DE increased its holdings in Quaker Chemical by 10.6% in the 1st quarter. US Bancorp DE now owns 555 shares of the specialty chemicals company’s stock valued at $136,000 after buying an additional 53 shares during the period. Victory Capital Management Inc. increased its holdings in Quaker Chemical by 5.5% in the 4th quarter. Victory Capital Management Inc. now owns 1,733 shares of the specialty chemicals company’s stock valued at $439,000 after buying an additional 91 shares during the period. Strs Ohio increased its holdings in Quaker Chemical by 14.3% in the 4th quarter. Strs Ohio now owns 800 shares of the specialty chemicals company’s stock valued at $202,000 after buying an additional 100 shares during the period. Finally, CWM LLC increased its holdings in Quaker Chemical by 178.9% in the 1st quarter. CWM LLC now owns 159 shares of the specialty chemicals company’s stock valued at $39,000 after buying an additional 102 shares during the period. Institutional investors and hedge funds own 83.78% of the company’s stock.

KWR has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft cut their target price on shares of Quaker Chemical from $320.00 to $300.00 and set a “buy” rating for the company in a research note on Monday, March 29th. Zacks Investment Research cut shares of Quaker Chemical from a “buy” rating to a “hold” rating in a research note on Friday, February 26th.

Quaker Chemical Company Profile

Quaker Chemical Corporation develops, produces, and markets various formulated chemical specialty products for a range of heavy industrial and manufacturing applications. It operates through four segments: Americas; Europe, Middle East, and Africa; Asia/Pacific; and Global Specialty Businesses. The company 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, metal finishing fluids, offshore sub-sea energy control fluids, rolling lubricants, rod and wire drawing fluids, and surface treatment chemicals.

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Insider Buying and Selling by Quarter for Quaker Chemical (NYSE:KWR)

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