Sociedad Química y Minera de Chile S.A. (NYSE:SQM) Shares Acquired by White Knight Strategic Wealth Advisors LLC

White Knight Strategic Wealth Advisors LLC increased its stake in Sociedad Química y Minera de Chile S.A. (NYSE:SQM) by 86.5% during the 4th quarter, HoldingsChannel reports. The firm owned 34,244 shares of the basic materials company’s stock after acquiring an additional 15,879 shares during the period. White Knight Strategic Wealth Advisors LLC’s holdings in Sociedad Química y Minera de Chile were worth $1,245,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Manning & Napier Advisors LLC bought a new stake in shares of Sociedad Química y Minera de Chile during the fourth quarter valued at approximately $120,395,000. Nuveen Asset Management LLC acquired a new stake in Sociedad Química y Minera de Chile in the 4th quarter valued at approximately $35,832,000. Northern Trust Corp raised its stake in Sociedad Química y Minera de Chile by 367.9% during the 4th quarter. Northern Trust Corp now owns 293,799 shares of the basic materials company’s stock valued at $10,683,000 after acquiring an additional 231,010 shares in the last quarter. Woodline Partners LP acquired a new position in Sociedad Química y Minera de Chile during the 4th quarter worth $7,314,000. Finally, Van ECK Associates Corp grew its stake in shares of Sociedad Química y Minera de Chile by 28.4% in the fourth quarter. Van ECK Associates Corp now owns 804,913 shares of the basic materials company’s stock worth $29,267,000 after purchasing an additional 177,898 shares in the last quarter. Institutional investors and hedge funds own 12.41% of the company’s stock.

Sociedad Química y Minera de Chile Price Performance

Shares of NYSE SQM opened at $34.57 on Tuesday. The stock has a market cap of $9.87 billion, a P/E ratio of -31.14, a P/E/G ratio of 5.00 and a beta of 1.11. The firm’s 50-day simple moving average is $37.14 and its 200 day simple moving average is $38.23. Sociedad Química y Minera de Chile S.A. has a fifty-two week low of $31.27 and a fifty-two week high of $50.73. 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 (NYSE:SQM) last released 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 company had revenue of $1.07 billion for the quarter, compared to the consensus estimate 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%. Equities analysts expect that Sociedad Química y Minera de Chile S.A. will post -1.31 EPS 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.