Earnest Partners LLC Has $38.95 Million Stock Holdings in Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Earnest Partners LLC lifted its holdings in Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,071,339 shares of the basic materials company's stock after buying an additional 18,748 shares during the quarter. Earnest Partners LLC owned 0.38% of Sociedad Química y Minera de Chile worth $38,954,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SQM. Two Sigma Securities LLC acquired a new position in Sociedad Química y Minera de Chile in the fourth quarter valued at $564,000. MGO One Seven LLC bought a new stake in shares of Sociedad Química y Minera de Chile in the 4th quarter valued at approximately $642,000. Hsbc Holdings PLC bought a new position in shares of Sociedad Química y Minera de Chile in the 4th quarter worth about $1,121,000. CANADA LIFE ASSURANCE Co grew its holdings in shares of Sociedad Química y Minera de Chile by 121.9% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 61,519 shares of the basic materials company's stock valued at $2,236,000 after purchasing an additional 33,797 shares during the last quarter. Finally, Marshall Wace LLP increased its position in Sociedad Química y Minera de Chile by 1,416.8% in the fourth quarter. Marshall Wace LLP now owns 141,214 shares of the basic materials company's stock worth $5,135,000 after buying an additional 131,904 shares during the period. 12.41% of the stock is currently owned by institutional investors and hedge funds.

Sociedad Química y Minera de Chile Price Performance

Sociedad Química y Minera de Chile stock traded down $0.71 during trading hours on Wednesday, hitting $34.25. 1,414,328 shares of the company traded hands, compared to its average volume of 1,079,218. The firm's 50-day simple moving average is $38.59 and its two-hundred day simple moving average is $38.70. The company has a quick ratio of 2.05, a current ratio of 2.94 and a debt-to-equity ratio of 0.74. The firm has a market cap of $9.78 billion, a P/E ratio of -30.86, a P/E/G ratio of 5.00 and a beta of 0.99. Sociedad Química y Minera de Chile S.A. has a 1-year low of $31.27 and a 1-year high of $50.73.

Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) last issued its 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 business had revenue of $1.07 billion during 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 earnings per share 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.