Sociedad Química y Minera de Chile S.A. (NYSE:SQM) Stock Holdings Boosted by Anfield Capital Management LLC

Anfield Capital Management LLC increased its position in Sociedad Química y Minera de Chile S.A. (NYSE:SQM) by 22.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,123 shares of the basic materials company’s stock after acquiring an additional 750 shares during the period. Anfield Capital Management LLC’s holdings in Sociedad Química y Minera de Chile were worth $248,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. National Bank of Canada FI raised its holdings in Sociedad Química y Minera de Chile by 153.8% during the third quarter. National Bank of Canada FI now owns 825 shares of the basic materials company’s stock worth $46,000 after purchasing an additional 500 shares in the last quarter. Venturi Wealth Management LLC purchased a new stake in shares of Sociedad Química y Minera de Chile in the third quarter valued at $63,000. Avior Wealth Management LLC boosted its holdings in shares of Sociedad Química y Minera de Chile by 25.3% during the fourth quarter. Avior Wealth Management LLC now owns 1,253 shares of the basic materials company’s stock worth $75,000 after purchasing an additional 253 shares during the period. Blue Trust Inc. increased its position in Sociedad Química y Minera de Chile by 22.4% in the 4th quarter. Blue Trust Inc. now owns 1,414 shares of the basic materials company’s stock worth $84,000 after purchasing an additional 259 shares during the last quarter. Finally, IFP Advisors Inc raised its position in Sociedad Química y Minera de Chile by 44.4% during the third quarter. IFP Advisors Inc now owns 1,539 shares of the basic materials company’s stock valued at $92,000 after acquiring an additional 473 shares in the last quarter. Institutional investors own 12.41% of the company’s stock.

Sociedad Química y Minera de Chile Stock Up 1.4 %

NYSE SQM opened at $44.14 on Friday. The stock has a fifty day moving average of $47.21 and a 200-day moving average of $49.55. The stock has a market capitalization of $12.61 billion, a P/E ratio of 6.26 and a beta of 1.07. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.74 and a current ratio of 2.49. Sociedad Química y Minera de Chile S.A. has a 52 week low of $38.50 and a 52 week high of $81.50.

Sociedad Química y Minera de Chile (NYSE:SQM) last posted its earnings results on Wednesday, February 28th. The basic materials company reported $0.71 EPS for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.51). The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.36 billion. Sociedad Química y Minera de Chile had a return on equity of 37.86% and a net margin of 26.95%. During the same period last year, the company posted $4.03 EPS. On average, equities research analysts forecast that Sociedad Química y Minera de Chile S.A. will post 4.18 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on SQM shares. StockNews.com cut Sociedad Química y Minera de Chile from a “hold” rating to a “sell” rating in a research report on Monday, March 4th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Sociedad Química y Minera de Chile from $48.00 to $42.00 and set a “hold” rating on the stock in a report on Friday, April 19th. Scotiabank decreased their price target on shares of Sociedad Química y Minera de Chile from $80.00 to $70.00 and set a “sector outperform” rating for the company in a report on Monday, March 4th. Jefferies Financial Group raised Sociedad Química y Minera de Chile from a “hold” rating to a “buy” rating and raised their price target for the company from $52.00 to $62.80 in a research report on Monday, April 8th. Finally, TheStreet cut Sociedad Química y Minera de Chile from a “b-” rating to a “c” rating in a research report on Friday, February 2nd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $65.18.

About Sociedad Química y Minera de Chile

Sociedad Química y Minera de Chile SA produces and distributes specialty plant nutrients, iodine derivatives, lithium derivatives, potassium chloride and sulfate, industrial chemicals, and other products and services. The company offers specialty plant nutrients, including potassium nitrate, sodium nitrate, sodium potassium nitrate, specialty blends, and other specialty fertilizers.