No. A direct quote is words from another author (besides yourself) that are copied verbatim. This always needs quotes. Paraphrasing does not need quotes. Paraphrasing is when you restate the author's ideas in your own words.
However, paraphrases sometimes incorporate direct quotes and these will need to be enclosed in quotation marks.
The source should be acknowledged.
A paraphrase is not a direct quote and does not require quotation marks. You do, however need to give credit to its author through correct citation.