Quaker Chemical (NYSE:KWR) Is A Stock That Janney Seems to be Very Interested In

July 13, 2018 - By Benjamin Allen

Quaker Chemical Corporation (NYSE:KWR) Logo

Investors sentiment increased to 1.32 in Q1 2018. Its up 0.29, from 1.03 in 2017Q4. It is positive, as 8 investors sold Quaker Chemical Corporation shares while 51 reduced holdings. 27 funds opened positions while 51 raised stakes. 11.14 million shares or 1.23% more from 11.00 million shares in 2017Q4 were reported.

Barclays Public Limited owns 4,795 shares for 0% of their portfolio. 14,270 were reported by Comerica National Bank & Trust. Citigroup Inc accumulated 3,251 shares. Prudential Inc holds 0.01% in Quaker Chemical Corporation (NYSE:KWR) or 23,282 shares. Ranger Invest Mngmt Lp has invested 2.32% of its portfolio in Quaker Chemical Corporation (NYSE:KWR). 1,416 are held by Park National Corp Oh. 7,600 are held by Strs Ohio. Ubs Asset Americas owns 9,943 shares. Sg Americas Securities Limited Liability Company owns 2,064 shares or 0% of their US portfolio. California State Teachers Retirement Sys, California-based fund reported 19,795 shares. Deutsche Savings Bank Ag holds 0% or 15,630 shares. Stifel Financial Corp invested 0% of its portfolio in Quaker Chemical Corporation (NYSE:KWR). Moreover, Suntrust Banks has 0.02% invested in Quaker Chemical Corporation (NYSE:KWR) for 15,422 shares. Teacher Retirement Systems Of Texas has invested 0% in Quaker Chemical Corporation (NYSE:KWR). Pnc Services Group Inc Inc reported 0% stake.

Since March 1, 2018, it had 0 insider buys, and 10 selling transactions for $2.98 million activity. STEEPLES ADRIAN sold $294,215 worth of stock or 1,957 shares. Shares for $199,379 were sold by CALDWELL DONALD R. The insider Matrange Joseph F sold 397 shares worth $61,670. Shares for $545,109 were sold by BENOLIEL D JEFFRY on Monday, March 5. 29 Quaker Chemical Corporation (NYSE:KWR) shares with value of $4,785 were sold by Nieman Jan. BARRY MICHAEL F had sold 1,250 shares worth $200,160.

Why Has Janney Given Quaker Chemical (NYSE:KWR) a $170 Price Target

Janney has just issued a Neutral rating for Quaker Chemical (NYSE:KWR) shares. The firm initiated coverage on shares of KWR in a research report issued to clients and investors on Friday morning. This price target indicates upside of 6.17 % from the last close price of Quaker Chemical (NYSE:KWR).

The stock increased 0.02% or $0.03 during the last trading session, reaching $160.12. About 8,792 shares traded. Quaker Chemical Corporation (NYSE:KWR) has risen 11.24% since July 13, 2017 and is uptrending. It has underperformed by 1.33% the S&P500.

Analysts await Quaker Chemical Corporation (NYSE:KWR) to report earnings on July, 26. They expect $1.44 EPS, up 16.13 % or $0.20 from last year’s $1.24 per share. KWR’s profit will be $19.18M for 27.80 P/E if the $1.44 EPS becomes a reality. After $1.38 actual EPS reported by Quaker Chemical Corporation for the previous quarter, Wall Street now forecasts 4.35 % EPS growth.

Quaker Chemical Corporation develops, produces, and markets various formulated chemical specialty products for various heavy industrial and manufacturing applications worldwide. The company has market cap of $2.13 billion. 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 clients to operate hydraulic equipment; corrosion preventives to protect metals during manufacture, storage, and shipment; and specialty greases used in automotive production processes, steel manufacturing, and various other applications. It has a 82.28 P/E ratio. The firm also provides metal finishing compounds to prepare metal surfaces for special treatments, such as galvanizing and tin plating, as well as to prepare metal for further processing; forming compounds used to facilitate the drawing and extrusion of metal products; chemical milling maskants for the aerospace industry; and temporary and permanent coatings for metal and concrete products.

More news for Quaker Chemical Corporation (NYSE:KWR) were recently published by: Streetinsider.com, which released: “Janney Montgomery Scott Starts Quaker Chemical Corporation (KWR) at Neutral” on July 13, 2018. 247Wallst.com‘s article titled: “Top Analyst Upgrades and Downgrades: AT&T, BlackRock, Broadcom, Diageo, Kinross Gold, United Rentals, Williams …” and published on July 13, 2018 is yet another important article.

Quaker Chemical Corporation (NYSE:KWR) Institutional Positions Chart

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