Seldon Capital LP Trims Stock Position in Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Seldon Capital LP lessened its position in shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 61.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,747 shares of the basic materials company's stock after selling 20,295 shares during the quarter. Seldon Capital LP's holdings in Sociedad Química y Minera de Chile were worth $463,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. CANADA LIFE ASSURANCE Co boosted its holdings in Sociedad Química y Minera de Chile by 121.9% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 61,519 shares of the basic materials company's stock worth $2,236,000 after acquiring an additional 33,797 shares in the last quarter. Marshall Wace LLP boosted its stake in Sociedad Química y Minera de Chile by 1,416.8% in the 4th quarter. Marshall Wace LLP now owns 141,214 shares of the basic materials company's stock worth $5,135,000 after purchasing an additional 131,904 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Sociedad Química y Minera de Chile during the 4th quarter worth approximately $261,000. Barometer Capital Management Inc. purchased a new stake in Sociedad Química y Minera de Chile during the 4th quarter worth approximately $182,000. Finally, Bank of Montreal Can increased its stake in Sociedad Química y Minera de Chile by 3.6% during the 4th quarter. Bank of Montreal Can now owns 113,173 shares of the basic materials company's stock valued at $4,115,000 after purchasing an additional 3,887 shares in the last quarter. Hedge funds and other institutional investors own 12.41% of the company's stock.

Sociedad Química y Minera de Chile Stock Performance

Shares of NYSE:SQM traded up $0.94 on Thursday, hitting $35.87. 814,401 shares of the company were exchanged, compared to its average volume of 1,088,503. The firm has a market capitalization of $10.25 billion, a P/E ratio of -32.32, a price-to-earnings-growth ratio of 5.00 and a beta of 0.99. The company has a current ratio of 2.94, a quick ratio of 2.05 and a debt-to-equity ratio of 0.74. Sociedad Química y Minera de Chile S.A. has a 1-year low of $31.27 and a 1-year high of $50.73. The stock's 50 day moving average price is $38.99 and its 200 day moving average price is $38.97.

Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) last issued 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). The firm 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%. Sell-side analysts predict that Sociedad Química y Minera de Chile S.A. will post -1.31 EPS for the current 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.