MGO One Seven LLC Buys Shares of 17,659 Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

MGO One Seven LLC purchased a new position in shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 17,659 shares of the basic materials company's stock, valued at approximately $642,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SQM. Kestra Investment Management LLC purchased a new stake in shares of Sociedad Química y Minera de Chile in the fourth quarter valued at about $39,000. Jones Financial Companies Lllp boosted its holdings in Sociedad Química y Minera de Chile by 803.4% in the 4th quarter. Jones Financial Companies Lllp now owns 1,075 shares of the basic materials company's stock valued at $39,000 after purchasing an additional 956 shares in the last quarter. R Squared Ltd acquired a new position in Sociedad Química y Minera de Chile during the 4th quarter worth approximately $58,000. National Bank of Canada FI purchased a new position in shares of Sociedad Química y Minera de Chile during the 4th quarter worth approximately $68,000. Finally, Avior Wealth Management LLC lifted 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 valued at $77,000 after buying an additional 1,085 shares during the period. 12.41% of the stock is currently owned by hedge funds and other institutional investors.

Sociedad Química y Minera de Chile Price Performance

SQM stock traded up $0.36 on Friday, reaching $34.32. 227,794 shares of the company's stock were exchanged, compared to its average volume of 1,075,127. The stock has a fifty day moving average of $38.48 and a 200-day moving average of $38.66. The firm has a market cap of $9.80 billion, a PE ratio of -30.95, a P/E/G ratio of 5.00 and a beta of 0.99. 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 twelve month low of $31.27 and a twelve month high of $50.73.

Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) last announced its quarterly 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). Sociedad Química y Minera de Chile had a negative net margin of 6.74% and a positive return on equity of 16.12%. The company had revenue of $1.07 billion during the quarter, compared to analysts' expectations of $1.01 billion. As a group, equities analysts predict that Sociedad Química y Minera de Chile S.A. will post -1.31 EPS for the current fiscal year.

About Sociedad Química y Minera de Chile

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.