Sava Infond d.o.o. Purchases New Shares in Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Sava Infond d.o.o. bought a new stake in Sociedad Química y Minera de Chile S.A. (NYSE:SQM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 36,970 shares of the basic materials company’s stock, valued at approximately $1,344,000.

A number of other institutional investors also recently modified their holdings of SQM. Kestra Investment Management LLC acquired a new stake in Sociedad Química y Minera de Chile in the 4th quarter worth about $39,000. Jones Financial Companies Lllp grew its holdings 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 worth $39,000 after purchasing an additional 956 shares in the last quarter. R Squared Ltd acquired a new stake in shares of Sociedad Química y Minera de Chile during the 4th quarter worth $58,000. Avior Wealth Management LLC increased its position in shares of Sociedad Química y Minera de Chile by 104.0% in 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 period. Finally, Signaturefd LLC raised its stake in Sociedad Química y Minera de Chile by 18.1% in 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 Trading Down 2.6 %

Shares of Sociedad Química y Minera de Chile stock opened at $41.59 on Thursday. 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 12-month low of $32.24 and a 12-month high of $51.90. The company has a market capitalization of $11.88 billion, a price-to-earnings ratio of -37.47, a PEG ratio of 5.00 and a beta of 1.08. The firm’s 50-day moving average price is $40.36 and its two-hundred day moving average price is $39.41.

Sociedad Química y Minera de Chile (NYSE:SQM) last posted its quarterly earnings results on Tuesday, March 4th. The basic materials company reported $0.42 earnings per share (EPS) 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 firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.01 billion. On average, analysts forecast 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 Company 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.