DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Sells 30,090 Shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main trimmed its position in Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 36.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,830 shares of the basic materials company's stock after selling 30,090 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main's holdings in Sociedad Química y Minera de Chile were worth $1,921,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SQM. Manning & Napier Advisors LLC acquired a new position in shares of Sociedad Química y Minera de Chile in the fourth quarter worth about $120,395,000. Northern Trust Corp boosted its holdings in shares of Sociedad Química y Minera de Chile by 367.9% during the fourth quarter. Northern Trust Corp now owns 293,799 shares of the basic materials company's stock worth $10,683,000 after purchasing an additional 231,010 shares during the period. Van ECK Associates Corp boosted its holdings in shares of Sociedad Química y Minera de Chile by 28.4% during the fourth quarter. Van ECK Associates Corp now owns 804,913 shares of the basic materials company's stock worth $29,267,000 after purchasing an additional 177,898 shares during the period. Grantham Mayo Van Otterloo & Co. LLC boosted its holdings in shares of Sociedad Química y Minera de Chile by 5.7% during the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 3,302,897 shares of the basic materials company's stock worth $120,093,000 after purchasing an additional 177,323 shares during the period. Finally, Soros Fund Management LLC acquired a new stake in shares of Sociedad Química y Minera de Chile during the fourth quarter worth approximately $5,619,000. 12.41% of the stock is currently owned by institutional investors and hedge funds.

Sociedad Química y Minera de Chile Stock Down 0.6%

Shares of SQM stock traded down $0.22 during trading on Wednesday, hitting $35.66. 503,009 shares of the company were exchanged, compared to its average volume of 1,071,690. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.05 and a current ratio of 2.94. The firm has a market capitalization of $10.19 billion, a price-to-earnings ratio of -32.13, a P/E/G ratio of 5.00 and a beta of 1.11. The business's 50-day simple moving average is $37.70 and its 200 day simple moving average is $38.37. Sociedad Química y Minera de Chile S.A. has a twelve month low of $31.27 and a twelve month high of $50.73.

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 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.10). The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.01 billion. Sociedad Química y Minera de Chile had a positive return on equity of 16.12% and a negative net margin of 6.74%. As a group, analysts forecast that Sociedad Química y Minera de Chile S.A. will post -1.31 EPS for the current fiscal 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.