Dynamic Technology Lab Private Ltd Has $234,000 Stock Holdings in Quaker Houghton $KWR

Dynamic Technology Lab Private Ltd decreased its stake in Quaker Houghton (NYSE:KWR) by 14.9% in the 2nd quarter, Holdings Channel.com reports. The fund owned 2,093 shares of the specialty chemicals company’s stock after selling 367 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Quaker Houghton were worth $234,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. TD Waterhouse Canada Inc. acquired a new position in Quaker Houghton during the second quarter valued at approximately $30,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Quaker Houghton by 573.1% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 875 shares of the specialty chemicals company’s stock worth $108,000 after purchasing an additional 745 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Quaker Houghton by 151.2% in the 2nd quarter. GAMMA Investing LLC now owns 912 shares of the specialty chemicals company’s stock valued at $102,000 after buying an additional 549 shares during the last quarter. CWM LLC grew its stake in shares of Quaker Houghton by 200.0% in the first quarter. CWM LLC now owns 1,053 shares of the specialty chemicals company’s stock valued at $130,000 after buying an additional 702 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its holdings in Quaker Houghton by 7.1% during the first quarter. Integrated Wealth Concepts LLC now owns 1,650 shares of the specialty chemicals company’s stock worth $204,000 after buying an additional 109 shares during the last quarter. Institutional investors own 77.46% of the company’s stock.

Quaker Houghton Stock Performance

Shares of KWR stock opened at $138.68 on Thursday. The company has a market capitalization of $2.40 billion, a price-to-earnings ratio of -322.49, a PEG ratio of 1.67 and a beta of 1.47. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.87 and a current ratio of 2.56. The company has a 50-day simple moving average of $133.08 and a 200 day simple moving average of $126.82. Quaker Houghton has a 52 week low of $95.91 and a 52 week high of $161.46.

Quaker Houghton (NYSE:KWR) last released its quarterly earnings results on Thursday, October 30th. The specialty chemicals company reported $2.08 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.14. The firm had revenue of $493.84 million for the quarter, compared to analysts’ expectations of $475.06 million. Quaker Houghton had a negative net margin of 0.39% and a positive return on equity of 8.35%. The business’s revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.89 EPS. On average, sell-side analysts predict that Quaker Houghton will post 7.75 earnings per share for the current year.

Quaker Houghton Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Friday, January 16th will be issued a dividend of $0.508 per share. This represents a $2.03 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, January 16th. Quaker Houghton’s dividend payout ratio (DPR) is presently -414.29%.

Analyst Ratings Changes

KWR has been the subject of a number of recent analyst reports. Zacks Research upgraded shares of Quaker Houghton from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Quaker Houghton in a report on Wednesday, August 13th. Royal Bank Of Canada lifted their price target on Quaker Houghton from $149.00 to $171.00 and gave the stock an “outperform” rating in a report on Monday, November 3rd. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Quaker Houghton in a research note on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $152.33.

Quaker Houghton Profile

Quaker Chemical Corporation, together with its subsidiaries, develops, produces, and markets various formulated specialty chemical products for a range of heavy industrial and manufacturing applications in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It 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, offshore sub-sea energy control fluids, rolling lubricants, rod and wire drawing fluids, and surface treatment chemicals.