Russell Investments Group Ltd. Increases Stock Position in Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Russell Investments Group Ltd. lifted its position in shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 12.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 315,578 shares of the basic materials company's stock after buying an additional 36,160 shares during the quarter. Russell Investments Group Ltd. owned about 0.11% of Sociedad Química y Minera de Chile worth $11,474,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Kestra Investment Management LLC acquired a new stake in Sociedad Química y Minera de Chile during the fourth quarter worth approximately $39,000. Jones Financial Companies Lllp boosted its stake in Sociedad Química y Minera de Chile by 803.4% during the fourth quarter. Jones Financial Companies Lllp now owns 1,075 shares of the basic materials company's stock worth $39,000 after acquiring an additional 956 shares in the last quarter. R Squared Ltd acquired a new stake in Sociedad Química y Minera de Chile in the fourth quarter worth $58,000. National Bank of Canada FI acquired a new position in shares of Sociedad Química y Minera de Chile during the fourth quarter valued at about $68,000. Finally, Avior Wealth Management LLC grew its stake 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 valued at $77,000 after buying an additional 1,085 shares during the period. Institutional investors own 12.41% of the company's stock.

Sociedad Química y Minera de Chile Stock Up 0.8 %

NYSE:SQM traded up $0.27 on Wednesday, hitting $35.14. The stock had a trading volume of 206,382 shares, compared to its average volume of 1,092,623. The company has a market cap of $10.04 billion, a PE ratio of -31.67, a P/E/G ratio of 5.00 and a beta of 0.99. Sociedad Química y Minera de Chile S.A. has a 52 week low of $31.27 and a 52 week high of $50.73. The business's fifty day moving average is $39.43 and its 200 day moving average is $39.22. The company has a quick ratio of 2.05, a current ratio of 2.94 and a debt-to-equity ratio of 0.74.

Remove Ads

Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) last released 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). 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%. On average, equities research analysts expect that Sociedad Química y Minera de Chile S.A. will post -1.31 EPS 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.