Neuberger Berman Group LLC boosted its holdings in Quaker Chemical Corp (NYSE:KWR) by 21.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 975,627 shares of the specialty chemicals company’s stock after purchasing an additional 173,930 shares during the quarter. Neuberger Berman Group LLC owned approximately 5.48% of Quaker Chemical worth $181,126,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in KWR. Handelsbanken Fonder AB acquired a new stake in Quaker Chemical during the second quarter worth about $497,000. Nuveen Asset Management LLC increased its stake in Quaker Chemical by 0.8% during the second quarter. Nuveen Asset Management LLC now owns 53,910 shares of the specialty chemicals company’s stock worth $10,008,000 after acquiring an additional 443 shares during the last quarter. FMR LLC increased its stake in Quaker Chemical by 15.6% during the second quarter. FMR LLC now owns 129,480 shares of the specialty chemicals company’s stock worth $24,037,000 after acquiring an additional 17,472 shares during the last quarter. Private Advisor Group LLC acquired a new stake in Quaker Chemical during the second quarter worth about $91,000. Finally, Captrust Financial Advisors acquired a new stake in Quaker Chemical during the second quarter worth about $36,000. Hedge funds and other institutional investors own 86.02% of the company’s stock.

Separately, Zacks Investment Research upgraded Quaker Chemical from a “sell” rating to a “hold” rating in a research note on Thursday, August 13th. Five analysts have rated the stock with a hold rating, Quaker Chemical currently has a consensus rating of “Hold” and a consensus target price of $159.75.

Shares of NYSE KWR traded down $1.73 on Wednesday, hitting $188.16. The company had a trading volume of 4,157 shares, compared to its average volume of 126,776. The firm has a market capitalization of $3.38 billion, a P/E ratio of -96.01 and a beta of 1.40. Quaker Chemical Corp has a 12-month low of $108.14 and a 12-month high of $208.26. The company has a quick ratio of 2.39, a current ratio of 3.00 and a debt-to-equity ratio of 0.92. The business has a 50 day moving average of $195.44 and a two-hundred day moving average of $169.21.

Quaker Chemical (NYSE:KWR) last issued its quarterly earnings results on Wednesday, August 5th. The specialty chemicals company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.09. The firm had revenue of $286.04 million during the quarter, compared to the consensus estimate of $291.60 million. Quaker Chemical had a positive return on equity of 6.45% and a negative net margin of 2.46%. During the same quarter in the prior year, the business posted $1.56 earnings per share. On average, sell-side analysts anticipate that Quaker Chemical Corp will post 3.77 earnings per share for the current year.

In other news, SVP Joseph A. Berquist sold 3,848 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $202.02, for a total transaction of $777,372.96. Following the completion of the sale, the senior vice president now directly owns 14,703 shares of the company’s stock, valued at approximately $2,970,300.06. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Michael F. Barry sold 13,544 shares of the firm’s stock in a transaction on Monday, July 20th. The stock was sold at an average price of $198.72, for a total value of $2,691,463.68. Following the sale, the chief executive officer now directly owns 134,913 shares of the company’s stock, valued at $26,809,911.36. The disclosure for this sale can be found here. Insiders sold 24,221 shares of company stock valued at $4,817,484 in the last three months. 2.10% of the stock is currently owned by company insiders.

About Quaker Chemical

Quaker Chemical Corporation develops, produces, and markets various formulated chemical specialty products for a range of heavy industrial and manufacturing applications in North America, Europe, the Middle East, Africa, the Asia/Pacific, and South America. The company's products include rolling lubricants used by manufacturers of steel in the hot and cold rolling of steel, and aluminum in the hot rolling of aluminum; machining and grinding compounds for use in cutting, shaping, and grinding metal parts; hydraulic fluids for steel, metalworking, and other customers to operate hydraulic equipment; corrosion preventives to protect metals during manufacture, storage, and shipment; and specialty greases used in automotive and aerospace production processes, steel manufacturing, and various other applications.

Featured Story: The risks of owning bonds

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

Receive News & Ratings for Quaker Chemical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quaker Chemical and related companies with MarketBeat.com's FREE daily email newsletter.