Mitsubishi UFJ Trust & Banking Corp Invests $174,000 in Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Mitsubishi UFJ Trust & Banking Corp acquired a new position in Sociedad Química y Minera de Chile S.A. (NYSE:SQM) in the 4th quarter, HoldingsChannel reports. The firm acquired 4,776 shares of the basic materials company’s stock, valued at approximately $174,000.

Other large investors also recently modified their holdings of the company. FMR LLC lifted its stake in Sociedad Química y Minera de Chile by 1,076.3% during the 3rd quarter. FMR LLC now owns 18,726 shares of the basic materials company’s stock valued at $781,000 after acquiring an additional 17,134 shares in the last quarter. Manning & Napier Advisors LLC bought a new position in shares of Sociedad Química y Minera de Chile during the fourth quarter valued at about $120,395,000. D.B. Root & Company LLC bought a new stake in Sociedad Química y Minera de Chile in the 4th quarter worth about $252,000. Atria Wealth Solutions Inc. increased its stake in Sociedad Química y Minera de Chile by 55.1% in the 4th quarter. Atria Wealth Solutions Inc. now owns 19,275 shares of the basic materials company’s stock valued at $701,000 after buying an additional 6,846 shares during the last quarter. Finally, Erste Asset Management GmbH bought a new position in shares of Sociedad Química y Minera de Chile during the 3rd quarter worth approximately $834,000. Institutional investors own 12.41% of the company’s stock.

Sociedad Química y Minera de Chile Stock Performance

SQM stock opened at $39.84 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. The firm has a market cap of $11.38 billion, a PE ratio of -35.89, a P/E/G ratio of 5.00 and a beta of 1.08. The business has a 50 day moving average of $40.40 and a 200-day moving average of $39.53. Sociedad Química y Minera de Chile S.A. has a 12-month low of $32.24 and a 12-month high of $51.90.

Sociedad Química y Minera de Chile (NYSE:SQM) last announced its 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). The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations 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, sell-side analysts expect that Sociedad Química y Minera de Chile S.A. will post -1.31 earnings per share for the current 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.