Corient Private Wealth LLC Purchases 5,473 Shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Corient Private Wealth LLC boosted its position in shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM) by 55.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,311 shares of the basic materials company’s stock after acquiring an additional 5,473 shares during the quarter. Corient Private Wealth LLC’s holdings in Sociedad Química y Minera de Chile were worth $557,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in SQM. Kestra Investment Management LLC bought a new stake in shares of Sociedad Química y Minera de Chile in the 4th quarter valued at about $39,000. Jones Financial Companies Lllp increased its position 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 buying an additional 956 shares during the last quarter. R Squared Ltd bought a new stake in Sociedad Química y Minera de Chile in the fourth quarter valued at approximately $58,000. Avior Wealth Management LLC raised its stake in 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 valued at $77,000 after buying an additional 1,085 shares during the period. Finally, Blue Trust Inc. lifted its position in shares of Sociedad Química y Minera de Chile by 23.3% in the fourth quarter. Blue Trust Inc. now owns 3,566 shares of the basic materials company’s stock valued at $130,000 after buying an additional 675 shares during the last quarter. Institutional investors and hedge funds own 12.41% of the company’s stock.

Sociedad Química y Minera de Chile Stock Down 0.8 %

SQM stock opened at $40.24 on Friday. Sociedad Química y Minera de Chile S.A. has a 1-year low of $32.24 and a 1-year high of $51.90. The business’s 50 day simple moving average is $40.37 and its 200 day simple moving average is $39.46. The company has a current ratio of 2.94, a quick ratio of 2.05 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $11.49 billion, a PE ratio of -36.25, a PEG ratio of 5.00 and a beta of 1.08.

Sociedad Química y Minera de Chile (NYSE:SQM) last released its quarterly earnings data on Tuesday, March 4th. The basic materials company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.10). The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.01 billion. Sociedad Química y Minera de Chile had a negative net margin of 6.74% and a positive return on equity of 16.12%. As a group, research analysts anticipate that Sociedad Química y Minera de Chile S.A. will post -1.31 EPS for the current 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.