Ethic Inc. Buys 10,018 Shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Ethic Inc. raised its stake 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 Form 13F filing with the SEC. The institutional investor owned 16,644 shares of the basic materials company's stock after buying an additional 10,018 shares during the quarter. Ethic Inc.'s holdings in Sociedad Química y Minera de Chile were worth $605,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Ballentine Partners LLC boosted its position in shares of Sociedad Química y Minera de Chile by 33.6% during the fourth quarter. Ballentine Partners LLC now owns 6,903 shares of the basic materials company's stock worth $251,000 after buying an additional 1,735 shares during the period. D.B. Root & Company LLC bought a new stake in Sociedad Química y Minera de Chile in the 4th quarter valued at approximately $252,000. Avior Wealth Management LLC boosted its position in Sociedad Química y Minera de Chile by 104.0% during the 4th quarter. Avior Wealth Management LLC now owns 2,128 shares of the basic materials company's stock worth $77,000 after acquiring an additional 1,085 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Sociedad Química y Minera de Chile by 23.3% during the 4th quarter. Blue Trust Inc. now owns 3,566 shares of the basic materials company's stock worth $130,000 after acquiring an additional 675 shares in the last quarter. Finally, KBC Group NV grew its stake in shares of Sociedad Química y Minera de Chile by 76.9% during the 4th quarter. KBC Group NV now owns 114,992 shares of the basic materials company's stock worth $4,181,000 after acquiring an additional 50,000 shares in the last quarter. Institutional investors own 12.41% of the company's stock.

Sociedad Química y Minera de Chile Stock Up 0.1%

Shares of SQM stock traded up $0.04 during trading on Wednesday, reaching $34.27. The company's stock had a trading volume of 103,561 shares, compared to its average volume of 1,105,964. Sociedad Química y Minera de Chile S.A. has a one year low of $31.27 and a one year high of $50.73. The business has a fifty day moving average price of $36.99 and a 200-day moving average price of $38.20. The company has a market cap of $9.79 billion, a price-to-earnings ratio of -30.90, a price-to-earnings-growth ratio of 5.00 and a beta of 1.11. 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 issued 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. 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.