Ethic Inc. Has $605,000 Holdings in Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Ethic Inc. increased its position in Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 151.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,644 shares of the basic materials company's stock after purchasing an additional 10,018 shares during the quarter. Ethic Inc.'s holdings in Sociedad Química y Minera de Chile were worth $605,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Kestra Investment Management LLC bought a new position in Sociedad Química y Minera de Chile in the 4th quarter valued at about $39,000. Jones Financial Companies Lllp grew its position in shares of Sociedad Química y Minera de Chile by 803.4% in the fourth quarter. Jones Financial Companies Lllp now owns 1,075 shares of the basic materials company's stock valued at $39,000 after purchasing an additional 956 shares during the last quarter. R Squared Ltd bought a new position in shares of Sociedad Química y Minera de Chile during the fourth quarter worth approximately $58,000. National Bank of Canada FI acquired a new stake in Sociedad Química y Minera de Chile during the 4th quarter worth approximately $68,000. Finally, Avior Wealth Management LLC boosted its stake in 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 period. Institutional investors own 12.41% of the company's stock.

Sociedad Química y Minera de Chile Stock Performance

NYSE SQM traded down $0.26 on Tuesday, reaching $34.31. The stock had a trading volume of 373,886 shares, compared to its average volume of 1,065,932. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.94 and a quick ratio of 2.05. The company has a market cap of $9.80 billion, a P/E ratio of -30.84, a price-to-earnings-growth ratio of 5.00 and a beta of 1.11. The firm has a fifty day moving average of $37.14 and a two-hundred day moving average of $38.23. 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 released 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). 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 anticipate that Sociedad Química y Minera de Chile S.A. will post -1.31 EPS 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.