Tower Research Capital LLC TRC gets a new stake in Quaker Chemical Corp

According to the company in its latest SEC filing, Tower Research Capital LLC TRC acquired a new stake in Quaker Chemical Corp (NYSE: KWR) shares in the third quarter. The company acquired 1,035 shares of the stock of the speciality chemicals firm, valued at about $163,000.

Just lately, several other institutional investors and hedge funds have changed their holdings in KWR. During the second quarter, the Oregon Public Employees Retirement Fund increased its Quaker Chemical investments by 1.9%. Oregon Public Employees Retirement Fund now owns 5,264 shares of the stock of the speciality chemicals company valued at $1,068,000 after the last quarter’s purchase of an additional 100 shares. During the second quarter, Copeland Capital Management LLC lifted its Quaker Chemical holdings by 21.3% Copeland Capital Management LLC now owns 165,914 shares of the stock of the speciality chemicals group valued at $33,660,000 after buying a further 29,122 shares in the last year. During the second quarter, Arizona State Retirement System boosted its Quaker Chemical investments by 0.5%. Arizona State Retirement System now owns 20,684 shares of the stock of the specialty chemicals company valued at $4,196,000 after the last quarter’s purchase of an additional 108 shares. During the second quarter, Bridge City Capital LLC lifted its Quaker Chemical holdings by 0.6%. Bridge City Capital LLC now owns 10,204 shares of the stock of the speciality chemicals company valued at $2,070,000 after the last quarter’s purchase of an additional 57 shares. Eventually, Virginia Retirement Systems ET AL purchased a new Quaker Chemical stake estimated at approximately $243,000 during the 2nd quarter. 74.81 per cent of the company’s portfolio owns institutional investors.

NYSE: KWR closed on Friday at $145.42. Quaker Chemical Corp has a $141.79 one-year low and $224.30 one-year high. The company has a debt-to-equity ratio of 0.71, a rapid 1.59 ratio and an existing 2.10 ratio. The company has a $2.55 billion market cap, a 24.08 P / E ratio, a 1.79 P / E / G ratio, and a 1.49 beta. The company has a simple moving average of $154.24 for 50 days and a simple moving average of $174.11 for 200 days.

On Tuesday, November 12, Quaker Chemical (NYSE: KWR) reported its quarterly earnings performance. For the quarter, the company of speciality chemicals reported $1.56 EPS, beating by $0.16 the consensus estimate of $1.40. Quaker Chemical has a profit margin of 2.54% and an asset yield of 13.39%. Compared to analyst estimates of $324.93 million, the business had revenue of $325.10 million over the quarter. The company posted $1.60 EPS in the same half of the previous year. The quarterly revenue of the company increased by 46.4 per cent compared to last year’s same quarter. Research analysts predict on average that for the current fiscal year, Quaker Chemical Corp will post 5.87 EPS.