Sociedad Química y Minera de Chile S.A. (NYSE:SQM) Shares Acquired by Northern Trust Corp

Northern Trust Corp lifted its holdings in shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 367.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 293,799 shares of the basic materials company's stock after buying an additional 231,010 shares during the period. Northern Trust Corp owned 0.10% of Sociedad Química y Minera de Chile worth $10,683,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Kestra Investment Management LLC bought a new stake in shares of Sociedad Química y Minera de Chile during 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% 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 during the last quarter. R Squared Ltd acquired a new stake in shares of Sociedad Química y Minera de Chile in the 4th quarter worth about $58,000. National Bank of Canada FI acquired a new stake in shares of Sociedad Química y Minera de Chile in the 4th quarter worth about $68,000. Finally, Avior Wealth Management LLC increased its holdings in shares of 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 worth $77,000 after acquiring 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

Shares of SQM stock traded down $0.30 during trading hours on Tuesday, reaching $34.27. The stock had a trading volume of 574,481 shares, compared to its average volume of 1,068,154. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.94 and a quick ratio of 2.05. Sociedad Química y Minera de Chile S.A. has a twelve month low of $31.27 and a twelve month high of $50.73. The firm has a 50-day simple moving average of $36.99 and a 200-day simple moving average of $38.20. The firm has a market capitalization of $9.79 billion, a PE ratio of -30.87, a price-to-earnings-growth ratio of 5.00 and a beta of 1.11.

Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) last released its quarterly earnings data on Tuesday, March 4th. The basic materials company reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by ($0.10). Sociedad Química y Minera de Chile had a positive return on equity of 16.12% and a negative net margin of 6.74%. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.01 billion. As a group, equities analysts forecast 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 Company 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.