MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $53.05 Million Holdings in Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. cut its holdings in Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 5.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,459,008 shares of the basic materials company's stock after selling 87,014 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.51% of Sociedad Química y Minera de Chile worth $53,050,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Soros Fund Management LLC acquired a new position in shares of Sociedad Química y Minera de Chile in the 4th quarter valued at approximately $5,619,000. Earnest Partners LLC grew its position in shares of Sociedad Química y Minera de Chile by 1.8% in the 4th quarter. Earnest Partners LLC now owns 1,071,339 shares of the basic materials company's stock valued at $38,954,000 after purchasing an additional 18,748 shares during the period. MGO One Seven LLC acquired a new position in shares of Sociedad Química y Minera de Chile in the 4th quarter valued at approximately $642,000. CANADA LIFE ASSURANCE Co boosted its position in Sociedad Química y Minera de Chile by 121.9% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 61,519 shares of the basic materials company's stock worth $2,236,000 after acquiring an additional 33,797 shares during the last quarter. Finally, Manning & Napier Advisors LLC acquired a new position in Sociedad Química y Minera de Chile during the 4th quarter worth approximately $120,395,000. 12.41% of the stock is currently owned by institutional investors and hedge funds.

Sociedad Química y Minera de Chile Stock Down 0.7%

NYSE:SQM traded down $0.25 during trading hours on Friday, reaching $34.83. 764,696 shares of the stock were exchanged, compared to its average volume of 1,070,267. 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 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 has a 50 day moving average of $37.28 and a 200 day moving average of $38.26. The stock has a market cap of $9.95 billion, a PE ratio of -31.38, a PEG 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 results 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 for the quarter, compared to analyst estimates of $1.01 billion. On average, equities analysts expect that Sociedad Química y Minera de Chile S.A. will post -1.31 earnings per share for the current 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.