Vanguard Group Inc. Has $20.59 Million Stock Holdings in Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Vanguard Group Inc. lowered its position in shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 8.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 566,165 shares of the basic materials company's stock after selling 50,146 shares during the quarter. Vanguard Group Inc. owned approximately 0.20% of Sociedad Química y Minera de Chile worth $20,586,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Kestra Investment Management LLC bought a new position in shares of Sociedad Química y Minera de Chile in the 4th quarter valued at about $39,000. Jones Financial Companies Lllp boosted its stake in Sociedad Química y Minera de Chile by 803.4% in the fourth quarter. Jones Financial Companies Lllp now owns 1,075 shares of the basic materials company's stock valued at $39,000 after acquiring an additional 956 shares during the last quarter. R Squared Ltd bought a new stake in shares of Sociedad Química y Minera de Chile during the 4th quarter valued at $58,000. Avior Wealth Management LLC lifted its stake 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 purchasing an additional 1,085 shares during the period. Finally, Signaturefd LLC grew its stake in shares of Sociedad Química y Minera de Chile by 18.1% during the fourth quarter. Signaturefd LLC now owns 2,953 shares of the basic materials company's stock worth $107,000 after purchasing an additional 453 shares during the period. Institutional investors and hedge funds own 12.41% of the company's stock.

Sociedad Química y Minera de Chile Trading Up 1.0 %

Shares of NYSE:SQM traded up $0.34 during mid-day trading on Friday, reaching $34.92. The stock had a trading volume of 722,140 shares, compared to its average volume of 1,093,442. The firm has a market cap of $9.97 billion, a PE ratio of -31.46, a price-to-earnings-growth ratio of 5.00 and a beta of 0.99. The firm has a 50 day simple moving average of $39.23 and a two-hundred day simple moving average of $39.08. 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 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 the consensus estimate 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%. On average, research 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.