Dimensional Fund Advisors LP Sells 24,851 Shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Dimensional Fund Advisors LP reduced its position in Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 4.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 525,206 shares of the basic materials company's stock after selling 24,851 shares during the period. Dimensional Fund Advisors LP owned about 0.18% of Sociedad Química y Minera de Chile worth $19,099,000 at the end of the most recent reporting period.

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

Sociedad Química y Minera de Chile Price Performance

SQM stock traded up $0.64 during mid-day trading on Friday, hitting $34.91. The company had a trading volume of 706,872 shares, compared to its average volume of 1,074,334. The company has a market capitalization of $9.97 billion, a price-to-earnings ratio of -31.45, a P/E/G ratio of 5.00 and a beta of 1.11. The company has a 50-day moving average price of $37.90 and a 200 day moving average price of $38.43. 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 S.A. has a 12-month low of $31.27 and a 12-month high of $50.73.

Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) last announced its quarterly earnings results on Tuesday, March 4th. The basic materials company reported $0.42 EPS for the quarter, missing analysts' consensus estimates 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 firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.01 billion. On average, research analysts anticipate that Sociedad Química y Minera de Chile S.A. will post -1.31 earnings per share for the current year.

Sociedad Química y Minera de Chile Profile

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.