Stifel Financial Corp Lowers Holdings in Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Stifel Financial Corp lessened its holdings in Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 27.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 36,709 shares of the basic materials company's stock after selling 14,200 shares during the period. Stifel Financial Corp's holdings in Sociedad Química y Minera de Chile were worth $1,335,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BCS Wealth Management purchased a new stake in Sociedad Química y Minera de Chile during the fourth quarter valued at approximately $222,000. Richard P Slaughter Associates Inc boosted its stake in shares of Sociedad Química y Minera de Chile by 3.4% in the fourth quarter. Richard P Slaughter Associates Inc now owns 32,950 shares of the basic materials company's stock worth $1,198,000 after acquiring an additional 1,093 shares during the last quarter. Ballentine Partners LLC raised its position in shares of Sociedad Química y Minera de Chile by 33.6% in the fourth quarter. Ballentine Partners LLC now owns 6,903 shares of the basic materials company's stock valued at $251,000 after buying an additional 1,735 shares during the last quarter. D.B. Root & Company LLC acquired a new position in shares of Sociedad Química y Minera de Chile during the 4th quarter worth approximately $252,000. Finally, Avior Wealth Management LLC grew its holdings in 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 in the last quarter. Institutional investors own 12.41% of the company's stock.

Sociedad Química y Minera de Chile Trading Up 1.9 %

NYSE:SQM traded up $0.64 on Friday, hitting $34.91. The stock had a trading volume of 706,872 shares, compared to its average volume of 1,074,334. The stock has a market cap of $9.97 billion, a price-to-earnings ratio of -31.45, a PEG ratio of 5.00 and a beta of 1.11. The company has a quick ratio of 2.05, a current ratio of 2.94 and a debt-to-equity ratio of 0.74. The company has a fifty day moving average price of $37.90 and a two-hundred day moving average price of $38.43. 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 posted 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 company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.01 billion. Sociedad Química y Minera de Chile had a negative net margin of 6.74% and a positive return on equity of 16.12%. Equities research analysts expect 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.