Two Sigma Securities LLC Purchases New Shares in Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Two Sigma Securities LLC purchased a new stake in Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 15,516 shares of the basic materials company's stock, valued at approximately $564,000.

Several other institutional investors and hedge funds have also bought and sold shares of SQM. Manning & Napier Advisors LLC acquired a new stake in shares of Sociedad Química y Minera de Chile in the 4th quarter valued at approximately $120,395,000. Van ECK Associates Corp raised its holdings in shares of Sociedad Química y Minera de Chile by 28.4% in the 4th quarter. Van ECK Associates Corp now owns 804,913 shares of the basic materials company's stock valued at $29,267,000 after purchasing an additional 177,898 shares during the period. Grantham Mayo Van Otterloo & Co. LLC lifted its stake in Sociedad Química y Minera de Chile by 5.7% in the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 3,302,897 shares of the basic materials company's stock valued at $120,093,000 after purchasing an additional 177,323 shares during the last quarter. Peregrine Investment Management Inc. bought a new position in Sociedad Química y Minera de Chile during the fourth quarter worth about $5,505,000. Finally, Marshall Wace LLP increased its position in Sociedad Química y Minera de Chile by 1,416.8% during the fourth quarter. Marshall Wace LLP now owns 141,214 shares of the basic materials company's stock worth $5,135,000 after buying an additional 131,904 shares during the last quarter. Institutional investors own 12.41% of the company's stock.

Sociedad Química y Minera de Chile Stock Performance

Shares of SQM traded up $0.05 during mid-day trading on Thursday, reaching $34.25. The company's stock had a trading volume of 178,231 shares, compared to its average volume of 1,075,653. The company has a current ratio of 2.94, a quick ratio of 2.05 and a debt-to-equity ratio of 0.74. The stock has a market cap of $9.78 billion, a P/E ratio of -30.85, a PEG ratio of 5.00 and a beta of 0.99. 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 business has a 50-day simple moving average of $38.59 and a two-hundred day simple moving average of $38.70.

Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) last released its quarterly earnings data on Tuesday, March 4th. The basic materials company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.10). Sociedad Química y Minera de Chile had a negative net margin of 6.74% and a positive return on equity of 16.12%. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.01 billion. As a group, equities research analysts anticipate that Sociedad Química y Minera de Chile S.A. will post -1.31 earnings per share for the current fiscal year.

Sociedad Química y Minera de Chile Company 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.