Sociedad Química y Minera de Chile S.A. (NYSE:SQM) Shares Purchased by American Century Companies Inc.

American Century Companies Inc. raised its stake in shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 8.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 101,561 shares of the basic materials company's stock after acquiring an additional 8,240 shares during the period. American Century Companies Inc.'s holdings in Sociedad Química y Minera de Chile were worth $3,693,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company raised its stake in shares of Sociedad Química y Minera de Chile by 19.3% during the third quarter. The Manufacturers Life Insurance Company now owns 13,148 shares of the basic materials company's stock worth $548,000 after purchasing an additional 2,128 shares during the last quarter. FMR LLC increased its stake in Sociedad Química y Minera de Chile by 1,076.3% in the 3rd quarter. FMR LLC now owns 18,726 shares of the basic materials company's stock valued at $781,000 after buying an additional 17,134 shares during the period. State Street Corp raised its position in Sociedad Química y Minera de Chile by 8.9% during the 3rd quarter. State Street Corp now owns 265,545 shares of the basic materials company's stock worth $11,068,000 after buying an additional 21,778 shares during the last quarter. MML Investors Services LLC acquired a new stake in shares of Sociedad Química y Minera de Chile in the 3rd quarter worth $202,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Sociedad Química y Minera de Chile in the third quarter valued at about $560,000. 12.41% of the stock is owned by institutional investors and hedge funds.

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Sociedad Química y Minera de Chile Stock Performance

Shares of Sociedad Química y Minera de Chile stock traded up $1.47 on Friday, reaching $34.79. 1,202,155 shares of the stock were exchanged, compared to its average volume of 1,092,954. The firm has a market capitalization of $9.94 billion, a PE ratio of -31.34, 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 $51.12. The business has a fifty day moving average price of $39.54 and a two-hundred day moving average price of $39.31. 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 (NYSE:SQM - Get Free Report) last released its 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 for the quarter, compared to analyst estimates 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%. As a group, 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 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.