CANADA LIFE ASSURANCE Co grew its position in shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 121.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 61,519 shares of the basic materials company's stock after purchasing an additional 33,797 shares during the quarter. CANADA LIFE ASSURANCE Co's holdings in Sociedad Química y Minera de Chile were worth $2,236,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Rakuten Securities Inc. lifted its stake in Sociedad Química y Minera de Chile by 11.2% in the fourth quarter. Rakuten Securities Inc. now owns 4,119 shares of the basic materials company's stock valued at $150,000 after buying an additional 415 shares during the period. Vontobel Holding Ltd. grew its holdings in Sociedad Química y Minera de Chile by 1.1% in the fourth quarter. Vontobel Holding Ltd. now owns 40,589 shares of the basic materials company's stock worth $1,476,000 after purchasing an additional 452 shares during the period. Signaturefd LLC raised its holdings in shares of Sociedad Química y Minera de Chile by 18.1% during the fourth quarter. Signaturefd LLC now owns 2,953 shares of the basic materials company's stock valued at $107,000 after purchasing an additional 453 shares during the period. Sigma Planning Corp boosted its position in shares of Sociedad Química y Minera de Chile by 4.7% during the 4th quarter. Sigma Planning Corp now owns 13,011 shares of the basic materials company's stock worth $473,000 after purchasing an additional 581 shares in the last quarter. Finally, Edmond DE Rothschild Holding S.A. increased its position in Sociedad Química y Minera de Chile by 6.7% in the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 9,612 shares of the basic materials company's stock valued at $349,000 after buying an additional 600 shares in the last quarter. Institutional investors and hedge funds own 12.41% of the company's stock.
Sociedad Química y Minera de Chile Stock Up 1.0 %
NYSE:SQM traded up $0.36 on Friday, hitting $34.32. The stock had a trading volume of 177,592 shares, compared to its average volume of 1,074,983. The company has a market cap of $9.80 billion, a PE ratio of -30.92, a P/E/G ratio of 5.00 and a beta of 0.99. Sociedad Química y Minera de Chile S.A. has a 52 week low of $31.27 and a 52 week high of $50.73. The business's fifty day moving average is $38.48 and its 200 day moving average is $38.66. The company has a quick ratio of 2.05, a current ratio of 2.94 and a debt-to-equity ratio of 0.74.
Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) last posted its quarterly earnings results on Tuesday, March 4th. The basic materials company reported $0.42 earnings per share (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 analyst estimates of $1.01 billion. On average, equities research analysts expect that Sociedad Química y Minera de Chile S.A. will post -1.31 EPS for the current fiscal year.
Sociedad Química y Minera de Chile Company Profile
(
Free Report)
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.
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