Bayesian Capital Management LP Buys 8,500 Shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Bayesian Capital Management LP grew its position in shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 87.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,200 shares of the basic materials company's stock after buying an additional 8,500 shares during the quarter. Bayesian Capital Management LP's holdings in Sociedad Química y Minera de Chile were worth $662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of SQM. Kestra Investment Management LLC bought a new stake in Sociedad Química y Minera de Chile in the 4th quarter worth approximately $39,000. Jones Financial Companies Lllp increased its holdings in shares of Sociedad Química y Minera de Chile by 803.4% in the 4th quarter. Jones Financial Companies Lllp now owns 1,075 shares of the basic materials company's stock worth $39,000 after buying an additional 956 shares during the last quarter. R Squared Ltd purchased a new stake in shares of Sociedad Química y Minera de Chile during the 4th quarter valued at about $58,000. National Bank of Canada FI bought a new position in shares of Sociedad Química y Minera de Chile in the 4th quarter valued at about $68,000. Finally, Avior Wealth Management LLC lifted its stake in shares of Sociedad Química y Minera de Chile by 104.0% in the 4th quarter. Avior Wealth Management LLC now owns 2,128 shares of the basic materials company's stock valued at $77,000 after purchasing an additional 1,085 shares during the last quarter. Institutional investors own 12.41% of the company's stock.

Sociedad Química y Minera de Chile Trading Up 1.9 %

Shares of SQM stock traded up $0.64 during trading hours on Friday, reaching $34.91. 706,872 shares of the stock were exchanged, compared to its average volume of 1,074,334. The firm has a market capitalization of $9.97 billion, a price-to-earnings ratio of -31.45, a price-to-earnings-growth ratio of 5.00 and a beta of 1.11. Sociedad Química y Minera de Chile S.A. has a 12-month low of $31.27 and a 12-month high of $50.73. The company's 50-day moving average price is $37.90 and its 200-day moving average price is $38.43. The company has a current ratio of 2.94, a quick ratio of 2.05 and a debt-to-equity ratio of 0.74.

Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) last announced its quarterly earnings data on Tuesday, March 4th. The basic materials company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.10). Sociedad Química y Minera de Chile had a negative net margin of 6.74% and a positive return on equity of 16.12%. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.01 billion. As a group, equities analysts anticipate that Sociedad Química y Minera de Chile S.A. will post -1.31 earnings per share for the current year.

About Sociedad Química y Minera de Chile

Sociedad Química y Minera de Chile SA operates as a mining company worldwide. The company offers specialty plant nutrients, including sodium potassium nitrate, specialty blends, and other specialty fertilizers under Ultrasol, Qrop, Speedfol, Allganic, Ultrasoline, ProP, and Prohydric brands. It also provides iodine and its derivatives for use in medical, agricultural, industrial, and human and animal nutrition products comprising x-ray contrast media, biocides, antiseptics and disinfectants, pharmaceutical intermediates, polarizing films for LCD and LED screens, chemicals, organic compounds, and pigments, as well as added to edible salt to prevent iodine deficiency disorders.