Grantham Mayo Van Otterloo & Co. LLC Grows Stock Position in Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Grantham Mayo Van Otterloo & Co. LLC increased its stake in shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 5.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,302,897 shares of the basic materials company's stock after purchasing an additional 177,323 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC owned approximately 1.16% of Sociedad Química y Minera de Chile worth $120,093,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in SQM. Kestra Investment Management LLC purchased a new stake in shares of Sociedad Química y Minera de Chile in the fourth quarter valued at $39,000. Jones Financial Companies Lllp increased its stake in shares of Sociedad Química y Minera de Chile by 803.4% during the 4th quarter. Jones Financial Companies Lllp now owns 1,075 shares of the basic materials company's stock valued at $39,000 after acquiring an additional 956 shares during the last quarter. R Squared Ltd purchased a new position in shares of Sociedad Química y Minera de Chile during the 4th quarter worth about $58,000. National Bank of Canada FI acquired a new stake in shares of Sociedad Química y Minera de Chile in the fourth quarter worth approximately $68,000. Finally, Avior Wealth Management LLC grew its holdings in Sociedad Química y Minera de Chile by 104.0% in the fourth quarter. Avior Wealth Management LLC now owns 2,128 shares of the basic materials company's stock valued at $77,000 after purchasing an additional 1,085 shares during the period. Institutional investors and hedge funds own 12.41% of the company's stock.

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Sociedad Química y Minera de Chile Trading Down 6.0 %

NYSE:SQM traded down $2.13 during trading hours on Thursday, reaching $33.37. 842,177 shares of the company were exchanged, compared to its average volume of 1,089,229. The firm has a market cap of $9.53 billion, a price-to-earnings ratio of -30.11, a PEG ratio of 5.00 and a beta of 0.99. The stock has a 50 day simple moving average of $39.76 and a 200 day simple moving average of $39.38. Sociedad Química y Minera de Chile S.A. has a 52-week low of $31.27 and a 52-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 (NYSE:SQM - Get Free Report) last posted its earnings results on Tuesday, March 4th. The basic materials company reported $0.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.52 by ($0.10). Sociedad Química y Minera de Chile had a positive return on equity of 16.12% and a negative net margin of 6.74%. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.01 billion. As a group, analysts predict that Sociedad Química y Minera de Chile S.A. will post -1.31 EPS for the current 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.