Quantbot Technologies LP Invests $290,000 in Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Quantbot Technologies LP purchased a new position in Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,975 shares of the basic materials company's stock, valued at approximately $290,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kestra Investment Management LLC purchased a new stake in Sociedad Química y Minera de Chile in the 4th quarter valued at $39,000. Jones Financial Companies Lllp boosted its position 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 stake in shares of Sociedad Química y Minera de Chile in the fourth quarter valued at about $58,000. Avior Wealth Management LLC increased 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 during the last quarter. Finally, Signaturefd LLC raised its stake 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 worth $107,000 after purchasing an additional 453 shares during the period. 12.41% of the stock is owned by hedge funds and other institutional investors.

Sociedad Química y Minera de Chile Trading Up 1.4 %

NYSE:SQM traded up $0.58 on Tuesday, hitting $40.31. The stock had a trading volume of 396,490 shares, compared to its average volume of 1,063,860. The company has a fifty day moving average price of $40.37 and a two-hundred day moving average price of $39.51. The stock has a market cap of $11.51 billion, a price-to-earnings ratio of -36.34, a PEG ratio of 5.00 and a beta of 1.08. The company has a quick ratio of 2.05, a current ratio of 2.94 and a debt-to-equity ratio of 0.74. Sociedad Química y Minera de Chile S.A. has a 1-year low of $32.24 and a 1-year high of $51.90.

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Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) last issued its quarterly earnings data on Tuesday, March 4th. The basic materials company reported $0.42 earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to analysts' expectations of $1.01 billion. Equities research analysts expect 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.