Atria Wealth Solutions Inc. Has $701,000 Holdings in Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Atria Wealth Solutions Inc. raised its position in Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 55.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,275 shares of the basic materials company's stock after acquiring an additional 6,846 shares during the period. Atria Wealth Solutions Inc.'s holdings in Sociedad Química y Minera de Chile were worth $701,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in SQM. R Squared Ltd acquired a new position in shares of Sociedad Química y Minera de Chile in the 4th quarter worth approximately $58,000. Avior Wealth Management LLC raised its holdings in shares of Sociedad Química y Minera de Chile by 104.0% in the 4th 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 in the last quarter. Signaturefd LLC raised its holdings in shares of Sociedad Química y Minera de Chile by 21.3% in the 3rd quarter. Signaturefd LLC now owns 2,500 shares of the basic materials company's stock worth $104,000 after buying an additional 439 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Sociedad Química y Minera de Chile by 216.6% in the 3rd quarter. Blue Trust Inc. now owns 2,891 shares of the basic materials company's stock worth $118,000 after buying an additional 1,978 shares in the last quarter. Finally, MML Investors Services LLC acquired a new position in shares of Sociedad Química y Minera de Chile in the 3rd quarter worth approximately $202,000. Institutional investors and hedge funds own 12.41% of the company's stock.

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Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on SQM shares. StockNews.com raised Sociedad Química y Minera de Chile to a "sell" rating in a report on Thursday, November 21st. Scotiabank dropped their price target on Sociedad Química y Minera de Chile from $60.00 to $50.00 and set a "sector outperform" rating for the company in a report on Monday, November 25th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Sociedad Química y Minera de Chile from $35.00 to $31.00 and set a "hold" rating for the company in a report on Thursday, November 21st. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Sociedad Química y Minera de Chile has a consensus rating of "Hold" and an average price target of $45.56.

Sociedad Química y Minera de Chile Trading Down 4.1 %

Shares of NYSE SQM traded down $1.64 during midday trading on Friday, hitting $38.36. The stock had a trading volume of 1,417,167 shares, compared to its average volume of 1,037,416. The company's 50-day simple moving average is $38.75 and its 200 day simple moving average is $38.76. The firm has a market cap of $10.96 billion, a P/E ratio of -34.56, a price-to-earnings-growth ratio of 5.00 and a beta of 1.04. Sociedad Química y Minera de Chile S.A. has a fifty-two week low of $32.24 and a fifty-two week high of $51.90. 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 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.