Invesco Ltd. Sells 17,869 Shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Invesco Ltd. lessened its holdings in shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 10.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 156,994 shares of the basic materials company's stock after selling 17,869 shares during the quarter. Invesco Ltd. owned about 0.05% of Sociedad Química y Minera de Chile worth $5,708,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Manning & Napier Advisors LLC purchased a new position in shares of Sociedad Química y Minera de Chile in the fourth quarter worth $120,395,000. D.B. Root & Company LLC bought a new position in shares of Sociedad Química y Minera de Chile during the 4th quarter valued at about $252,000. Atria Wealth Solutions Inc. grew its position in shares of Sociedad Química y Minera de Chile by 55.1% during the fourth quarter. Atria Wealth Solutions Inc. now owns 19,275 shares of the basic materials company's stock valued at $701,000 after purchasing an additional 6,846 shares in the last quarter. Vontobel Holding Ltd. lifted its position in shares of Sociedad Química y Minera de Chile by 1.1% in the fourth 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. Finally, KBC Group NV grew its holdings in Sociedad Química y Minera de Chile by 76.9% during the 4th quarter. KBC Group NV now owns 114,992 shares of the basic materials company's stock valued at $4,181,000 after buying an additional 50,000 shares in the last quarter. 12.41% of the stock is owned by hedge funds and other institutional investors.

Sociedad Química y Minera de Chile Price Performance

Shares of SQM stock traded up $0.42 on Thursday, reaching $34.62. The company's stock had a trading volume of 97,403 shares, compared to its average volume of 1,075,350. The stock's fifty day simple moving average is $38.59 and its 200-day simple moving average is $38.70. 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 company has a market capitalization of $9.89 billion, a price-to-earnings ratio of -31.25, a price-to-earnings-growth ratio of 5.00 and a beta of 0.99. 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 (NYSE:SQM - Get Free Report) last posted its 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). The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate 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%. Analysts forecast that Sociedad Química y Minera de Chile S.A. will post -1.31 earnings per share 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.