Sociedad Química y Minera de Chile S.A. (NYSE:SQM) Shares Sold by LPL Financial LLC

LPL Financial LLC decreased its holdings in Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 28.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,998 shares of the basic materials company's stock after selling 9,447 shares during the period. LPL Financial LLC's holdings in Sociedad Química y Minera de Chile were worth $873,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Kestra Investment Management LLC acquired a new stake in Sociedad Química y Minera de Chile during the 4th quarter worth about $39,000. Jones Financial Companies Lllp boosted its position in Sociedad Química y Minera de Chile by 803.4% in the 4th quarter. Jones Financial Companies Lllp now owns 1,075 shares of the basic materials company's stock worth $39,000 after purchasing an additional 956 shares in the last quarter. R Squared Ltd acquired a new position in shares of Sociedad Química y Minera de Chile in the fourth quarter worth about $58,000. Avior Wealth Management LLC boosted its position in 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 worth $77,000 after purchasing an additional 1,085 shares in the last quarter. Finally, Signaturefd LLC lifted its holdings in 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 purchasing an additional 453 shares in the last quarter. Institutional investors own 12.41% of the company's stock.

Sociedad Química y Minera de Chile Price Performance

SQM stock traded down $0.02 during trading on Friday, hitting $35.82. The stock had a trading volume of 312,693 shares, compared to its average volume of 1,079,688. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.94 and a quick ratio of 2.05. The company's 50-day moving average price is $38.94 and its two-hundred day moving average price is $38.92. The stock has a market capitalization of $10.23 billion, a P/E ratio of -32.24, a PEG ratio of 5.00 and a beta of 0.99. Sociedad Química y Minera de Chile S.A. has a twelve month low of $31.27 and a twelve month high of $50.73.

Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) last posted its quarterly earnings results on Tuesday, March 4th. The basic materials company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.10). The company had revenue of $1.07 billion during the quarter, compared to analyst estimates 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%. As a group, research analysts predict that Sociedad Química y Minera de Chile S.A. will post -1.31 EPS for the current fiscal 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.