Sociedad Química y Minera de Chile S.A. (NYSE:SQM) Stake Reduced by Sei Investments Co.

Sei Investments Co. lessened its position in Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 2.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 371,566 shares of the basic materials company's stock after selling 11,274 shares during the period. Sei Investments Co. owned approximately 0.13% of Sociedad Química y Minera de Chile worth $13,510,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. American Century Companies Inc. increased its stake in shares of Sociedad Química y Minera de Chile by 8.8% in the fourth quarter. American Century Companies Inc. now owns 101,561 shares of the basic materials company's stock valued at $3,693,000 after purchasing an additional 8,240 shares during the period. Quantbot Technologies LP acquired a new stake in Sociedad Química y Minera de Chile in the 4th quarter valued at approximately $290,000. Boston Partners bought a new stake in Sociedad Química y Minera de Chile during the 4th quarter valued at $3,978,000. Signaturefd LLC boosted its position in Sociedad Química y Minera de Chile by 18.1% during the 4th quarter. Signaturefd LLC now owns 2,953 shares of the basic materials company's stock worth $107,000 after acquiring an additional 453 shares during the period. Finally, Corient Private Wealth LLC grew its stake in shares of Sociedad Química y Minera de Chile by 55.6% in the fourth quarter. Corient Private Wealth LLC now owns 15,311 shares of the basic materials company's stock worth $557,000 after purchasing an additional 5,473 shares in the last quarter. 12.41% of the stock is currently owned by institutional investors.

Sociedad Química y Minera de Chile Stock Performance

Shares of NYSE SQM traded down $0.21 during midday trading on Wednesday, reaching $39.84. 452,275 shares of the company traded hands, compared to its average volume of 1,065,541. The company has a market cap of $11.38 billion, a price-to-earnings ratio of -35.89, a PEG ratio of 5.00 and a beta of 1.08. The stock has a 50-day moving average price of $40.40 and a 200 day moving average price of $39.53. Sociedad Química y Minera de Chile S.A. has a 52 week low of $32.24 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 released its quarterly earnings results on Tuesday, March 4th. The basic materials company reported $0.42 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 company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.01 billion. Sell-side analysts anticipate that Sociedad Química y Minera de Chile S.A. will post -1.31 earnings per share 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.