Greenline Partners LLC Takes Position in Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Greenline Partners LLC acquired a new position in Sociedad Química y Minera de Chile S.A. (NYSE:SQM) during the 4th quarter, HoldingsChannel reports. The fund acquired 2,804 shares of the basic materials company’s stock, valued at approximately $102,000.

A number of other institutional investors and hedge funds have also bought and sold shares of SQM. Ethic Inc. grew its position in shares of Sociedad Química y Minera de Chile by 151.2% in the 4th quarter. Ethic Inc. now owns 16,644 shares of the basic materials company’s stock valued at $605,000 after buying an additional 10,018 shares during the last quarter. Cetera Investment Advisers bought a new stake in Sociedad Química y Minera de Chile in the fourth quarter valued at approximately $417,000. Bridgefront Capital LLC acquired a new stake in Sociedad Química y Minera de Chile during the 4th quarter valued at approximately $416,000. Bayesian Capital Management LP increased its position in Sociedad Química y Minera de Chile by 87.6% during the 4th quarter. Bayesian Capital Management LP now owns 18,200 shares of the basic materials company’s stock valued at $662,000 after purchasing an additional 8,500 shares during the period. Finally, BNP Paribas Financial Markets lifted its position in shares of Sociedad Química y Minera de Chile by 40.9% in the 4th quarter. BNP Paribas Financial Markets now owns 214,169 shares of the basic materials company’s stock worth $7,787,000 after purchasing an additional 62,121 shares during the period. 12.41% of the stock is currently owned by institutional investors and hedge funds.

Sociedad Química y Minera de Chile Trading Up 1.9 %

NYSE:SQM opened at $34.91 on Friday. Sociedad Química y Minera de Chile S.A. has a 52 week low of $31.27 and a 52 week high of $50.73. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.05 and a current ratio of 2.94. The firm’s fifty day moving average is $37.90 and its 200-day moving average is $38.44. The firm has a market cap of $9.97 billion, a P/E ratio of -31.45, a P/E/G ratio of 5.00 and a beta of 1.11.

Sociedad Química y Minera de Chile (NYSE:SQM) 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). Sociedad Química y Minera de Chile had a negative net margin of 6.74% and a positive return on equity of 16.12%. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.01 billion. Equities 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 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.