Sociedad Química y Minera de Chile S.A. (NYSE:SQM) Shares Sold by First Trust Advisors LP

First Trust Advisors LP trimmed its position in shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 7.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 137,682 shares of the basic materials company's stock after selling 10,726 shares during the quarter. First Trust Advisors LP's holdings in Sociedad Química y Minera de Chile were worth $5,006,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. BCS Wealth Management acquired a new position in Sociedad Química y Minera de Chile during the 4th quarter valued at about $222,000. Richard P Slaughter Associates Inc increased its holdings in shares of Sociedad Química y Minera de Chile by 3.4% during the fourth quarter. Richard P Slaughter Associates Inc now owns 32,950 shares of the basic materials company's stock valued at $1,198,000 after acquiring an additional 1,093 shares in the last quarter. Ballentine Partners LLC raised its position in shares of Sociedad Química y Minera de Chile by 33.6% in the 4th quarter. Ballentine Partners LLC now owns 6,903 shares of the basic materials company's stock valued at $251,000 after purchasing an additional 1,735 shares during the last quarter. D.B. Root & Company LLC acquired a new stake in Sociedad Química y Minera de Chile in the 4th quarter worth approximately $252,000. Finally, Avior Wealth Management LLC grew 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 purchasing an additional 1,085 shares during the last quarter. 12.41% of the stock is currently owned by institutional investors.

Sociedad Química y Minera de Chile Stock Performance

Shares of NYSE SQM traded down $0.12 during midday trading on Monday, reaching $33.89. The company had a trading volume of 593,399 shares, compared to its average volume of 1,077,365. The stock has a market cap of $9.68 billion, a P/E ratio of -30.53, a P/E/G ratio of 5.00 and a beta of 1.11. The company has a current ratio of 2.94, a quick ratio of 2.05 and a debt-to-equity ratio of 0.74. Sociedad Química y Minera de Chile S.A. has a 1 year low of $31.27 and a 1 year high of $50.73. The business's 50-day simple moving average is $38.36 and its 200 day simple moving average is $38.62.

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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.52 by ($0.10). The firm had revenue of $1.07 billion during the quarter, compared to analysts' expectations 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%. On average, analysts forecast that Sociedad Química y Minera de Chile S.A. will post -1.31 earnings per share for the current fiscal 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.