Marshall Wace LLP Grows Position in Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Marshall Wace LLP grew its position in shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 1,416.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 141,214 shares of the basic materials company's stock after buying an additional 131,904 shares during the quarter. Marshall Wace LLP's holdings in Sociedad Química y Minera de Chile were worth $5,135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Sociedad Química y Minera de Chile Price Performance

SQM stock traded down $0.71 during trading on Wednesday, reaching $34.25. The company's stock had a trading volume of 1,414,328 shares, compared to its average volume of 1,079,218. The company has a market capitalization of $9.78 billion, a P/E ratio of -30.86, a price-to-earnings-growth ratio of 5.00 and a beta of 0.99. The company's fifty day moving average is $38.59 and its 200-day moving average is $38.70. 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 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 positive return on equity of 16.12% and a negative net margin of 6.74%. The company had revenue of $1.07 billion during the quarter, compared to analysts' expectations of $1.01 billion. On average, research analysts expect 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.