Sociedad Química y Minera de Chile S.A. (NYSE:SQM) Shares Sold by LPL Financial LLC

LPL Financial LLC cut its stake in Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 28.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,998 shares of the basic materials company's stock after selling 9,447 shares during the period. LPL Financial LLC's holdings in Sociedad Química y Minera de Chile were worth $873,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SQM. Manning & Napier Advisors LLC purchased a new position in shares of Sociedad Química y Minera de Chile in the 4th quarter valued at about $120,395,000. D.B. Root & Company LLC acquired a new stake in Sociedad Química y Minera de Chile in the fourth quarter valued at approximately $252,000. Atria Wealth Solutions Inc. lifted its stake in Sociedad Química y Minera de Chile by 55.1% in the fourth quarter. Atria Wealth Solutions Inc. now owns 19,275 shares of the basic materials company's stock worth $701,000 after acquiring an additional 6,846 shares during the last quarter. State Street Corp grew its holdings in Sociedad Química y Minera de Chile by 8.9% during the 3rd quarter. State Street Corp now owns 265,545 shares of the basic materials company's stock worth $11,068,000 after acquiring an additional 21,778 shares in the last quarter. Finally, Vontobel Holding Ltd. increased its position in shares of Sociedad Química y Minera de Chile by 1.1% in the 4th quarter. Vontobel Holding Ltd. now owns 40,589 shares of the basic materials company's stock valued at $1,476,000 after purchasing an additional 452 shares during the last quarter. 12.41% of the stock is owned by institutional investors and hedge funds.

Sociedad Química y Minera de Chile Stock Up 0.0 %

Shares of Sociedad Química y Minera de Chile stock traded up $0.01 during trading on Friday, hitting $35.85. 488,096 shares of the stock were exchanged, compared to its average volume of 1,079,735. 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 firm's 50-day moving average price is $38.88 and its 200 day moving average price is $38.88. The stock has a market cap of $10.24 billion, a price-to-earnings ratio of -32.30, a price-to-earnings-growth ratio of 5.00 and a beta of 0.99. Sociedad Química y Minera de Chile S.A. has a 12-month low of $31.27 and a 12-month 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 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.10). The business had revenue of $1.07 billion for 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.

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.