Boston Partners Buys Shares of 109,410 Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Boston Partners purchased a new stake in Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 109,410 shares of the basic materials company's stock, valued at approximately $3,978,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Kestra Investment Management LLC purchased a new stake in shares of Sociedad Química y Minera de Chile during the fourth quarter valued at $39,000. Jones Financial Companies Lllp boosted its holdings in shares of 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 worth $39,000 after buying an additional 956 shares during the period. R Squared Ltd purchased a new position in shares of Sociedad Química y Minera de Chile in the fourth quarter worth approximately $58,000. Avior Wealth Management LLC raised its holdings in shares of 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 valued at $77,000 after acquiring an additional 1,085 shares during the period. Finally, Signaturefd LLC raised its holdings 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 valued at $107,000 after acquiring 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 Down 2.6 %

NYSE SQM traded down $1.12 on Wednesday, hitting $41.59. 1,132,646 shares of the stock were exchanged, compared to its average volume of 1,159,799. The company's 50-day moving average price is $40.34 and its two-hundred day moving average price is $39.40. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.94 and a quick ratio of 2.05. Sociedad Química y Minera de Chile S.A. has a 52-week low of $32.24 and a 52-week high of $51.90. The company has a market capitalization of $11.88 billion, a price-to-earnings ratio of -37.47, a P/E/G ratio of 5.00 and a beta of 1.08.

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Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) last issued its quarterly earnings results on Tuesday, March 4th. The basic materials company reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by ($0.10). The business had revenue of $1.07 billion for the quarter, compared to analysts' expectations 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%. Research analysts predict that Sociedad Química y Minera de Chile S.A. will post -1.31 EPS 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.