Soros Fund Management LLC Purchases New Holdings in Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Soros Fund Management LLC acquired a new position in shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 154,531 shares of the basic materials company's stock, valued at approximately $5,619,000. Soros Fund Management LLC owned about 0.05% of Sociedad Química y Minera de Chile as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kestra Investment Management LLC purchased a new position in shares of Sociedad Química y Minera de Chile in the 4th quarter worth $39,000. Jones Financial Companies Lllp increased its position in Sociedad Química y Minera de Chile by 803.4% during the 4th quarter. Jones Financial Companies Lllp now owns 1,075 shares of the basic materials company's stock worth $39,000 after purchasing an additional 956 shares in the last quarter. R Squared Ltd purchased a new position in Sociedad Química y Minera de Chile in the fourth quarter valued at approximately $58,000. National Bank of Canada FI acquired a new position in Sociedad Química y Minera de Chile during the fourth quarter valued at approximately $68,000. Finally, Avior Wealth Management LLC grew its stake in Sociedad Química y Minera de Chile by 104.0% during the fourth quarter. Avior Wealth Management LLC now owns 2,128 shares of the basic materials company's stock worth $77,000 after buying an additional 1,085 shares during the period. Hedge funds and other institutional investors own 12.41% of the company's stock.

Sociedad Química y Minera de Chile Trading Up 0.3 %

Shares of SQM stock traded up $0.09 during mid-day trading on Friday, reaching $34.05. The company's stock had a trading volume of 685,293 shares, compared to its average volume of 1,079,309. The company's 50 day simple moving average is $38.36 and its 200-day simple moving average is $38.62. 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 12-month low of $31.27 and a 12-month high of $50.73. The firm has a market capitalization of $9.73 billion, a PE ratio of -30.68, a price-to-earnings-growth ratio of 5.00 and a beta of 0.99.

Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) last issued its quarterly earnings data on Tuesday, March 4th. The basic materials company reported $0.42 EPS 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 company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.01 billion. On average, research analysts predict that Sociedad Química y Minera de Chile S.A. will post -1.31 EPS for the current fiscal year.

Sociedad Química y Minera de Chile Profile

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.