Quaker Chemical Co. (NYSE:KWR) Shares Purchased by California Public Employees Retirement System

California Public Employees Retirement System raised its position in Quaker Chemical Co. (NYSE:KWRGet Rating) by 0.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,568 shares of the specialty chemicals company’s stock after purchasing an additional 238 shares during the quarter. California Public Employees Retirement System’s holdings in Quaker Chemical were worth $4,571,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Maryland State Retirement & Pension System raised its holdings in shares of Quaker Chemical by 1.2% in the 2nd quarter. Maryland State Retirement & Pension System now owns 5,444 shares of the specialty chemicals company’s stock valued at $814,000 after buying an additional 62 shares during the period. Inspire Investing LLC increased its stake in Quaker Chemical by 5.0% during the second quarter. Inspire Investing LLC now owns 1,420 shares of the specialty chemicals company’s stock worth $212,000 after purchasing an additional 68 shares during the period. US Bancorp DE lifted its position in shares of Quaker Chemical by 9.4% during the second quarter. US Bancorp DE now owns 825 shares of the specialty chemicals company’s stock worth $124,000 after purchasing an additional 71 shares in the last quarter. Great West Life Assurance Co. Can boosted its stake in shares of Quaker Chemical by 0.7% in the first quarter. Great West Life Assurance Co. Can now owns 11,712 shares of the specialty chemicals company’s stock valued at $2,073,000 after purchasing an additional 78 shares during the period. Finally, Victory Capital Management Inc. grew its holdings in shares of Quaker Chemical by 2.9% in the second quarter. Victory Capital Management Inc. now owns 2,896 shares of the specialty chemicals company’s stock valued at $433,000 after purchasing an additional 81 shares in the last quarter. 79.88% of the stock is currently owned by institutional investors and hedge funds.

Quaker Chemical Stock Performance

Shares of KWR stock opened at $192.00 on Friday. The company has a market cap of $3.44 billion, a P/E ratio of 44.04 and a beta of 1.33. The firm has a fifty day moving average price of $161.11 and a 200 day moving average price of $159.35. The company has a current ratio of 2.69, a quick ratio of 1.83 and a debt-to-equity ratio of 0.73. Quaker Chemical Co. has a 12 month low of $129.06 and a 12 month high of $248.53.

Quaker Chemical Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 31st. Stockholders of record on Tuesday, January 17th will be given a dividend of $0.435 per share. This represents a $1.74 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend is Friday, January 13th. Quaker Chemical’s dividend payout ratio (DPR) is presently 39.91%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on KWR shares. StockNews.com assumed coverage on shares of Quaker Chemical in a research note on Wednesday, October 12th. They issued a “hold” rating for the company. Deutsche Bank Aktiengesellschaft upped their price target on Quaker Chemical from $180.00 to $200.00 in a report on Friday, November 11th. Finally, Royal Bank of Canada started coverage on Quaker Chemical in a research note on Tuesday, October 25th. They issued an “outperform” rating and a $196.00 price objective for the company. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Quaker Chemical presently has a consensus rating of “Moderate Buy” and an average price target of $198.00.

Quaker Chemical Company Profile

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Quaker Chemical Corporation develops, produces, and markets various formulated chemical specialty products for a range of heavy industrial and manufacturing applications. The company operates through four segments: Americas; Europe, Middle East, and Africa; Asia/Pacific; and Global Specialty Businesses.

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

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