Edmond DE Rothschild Holding S.A. Purchases 600 Shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Edmond DE Rothschild Holding S.A. lifted its holdings in Sociedad Química y Minera de Chile S.A. (NYSE:SQM) by 6.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,612 shares of the basic materials company’s stock after purchasing an additional 600 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Sociedad Química y Minera de Chile were worth $349,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Sava Infond d.o.o. bought a new position in Sociedad Química y Minera de Chile in the 4th quarter worth approximately $1,344,000. Mitsubishi UFJ Trust & Banking Corp acquired a new stake in shares of Sociedad Química y Minera de Chile in the fourth quarter worth $174,000. American Century Companies Inc. raised its stake in Sociedad Química y Minera de Chile by 8.8% during the 4th quarter. American Century Companies Inc. now owns 101,561 shares of the basic materials company’s stock valued at $3,693,000 after purchasing an additional 8,240 shares during the last quarter. Quantbot Technologies LP bought a new stake in Sociedad Química y Minera de Chile in the 4th quarter valued at $290,000. Finally, Boston Partners acquired a new stake in Sociedad Química y Minera de Chile in the 4th quarter worth $3,978,000. 12.41% of the stock is currently owned by institutional investors.

Sociedad Química y Minera de Chile Stock Performance

NYSE:SQM opened at $40.13 on Wednesday. The firm’s 50-day moving average is $40.37 and its 200-day moving average is $39.53. The company has a market cap of $11.46 billion, a price-to-earnings ratio of -36.15, a PEG ratio of 5.00 and a beta of 1.08. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.05 and a current ratio of 2.94. Sociedad Química y Minera de Chile S.A. has a 52-week low of $32.24 and a 52-week high of $51.90.

Sociedad Química y Minera de Chile (NYSE:SQM) last issued 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). Sociedad Química y Minera de Chile had a negative net margin of 6.74% and a positive return on equity of 16.12%. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.01 billion. Equities research analysts anticipate that Sociedad Química y Minera de Chile S.A. will post -1.31 earnings per share for the current 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.