Henry James International Management Inc. bought a new stake in shares of Sociedad Quimica y Minera de Chile (NYSE:SQM) in the 4th quarter, HoldingsChannel.com reports. The fund bought 19,042 shares of the basic materials company’s stock, valued at approximately $729,000.

Other institutional investors have also made changes to their positions in the company. Daiwa Securities Group Inc. acquired a new stake in shares of Sociedad Quimica y Minera de Chile during the fourth quarter valued at about $38,000. Federated Investors Inc. PA acquired a new stake in shares of Sociedad Quimica y Minera de Chile during the third quarter valued at about $70,000. Virtus ETF Advisers LLC grew its stake in Sociedad Quimica y Minera de Chile by 145.2% in the fourth quarter. Virtus ETF Advisers LLC now owns 1,736 shares of the basic materials company’s stock worth $66,000 after purchasing an additional 1,028 shares in the last quarter. Lavaca Capital LLC acquired a new position in Sociedad Quimica y Minera de Chile in the fourth quarter worth about $76,000. Finally, Financial Gravity Companies Inc. acquired a new position in Sociedad Quimica y Minera de Chile in the fourth quarter worth about $112,000. Institutional investors own 10.66% of the company’s stock.

NYSE:SQM opened at $41.34 on Tuesday. The stock has a market capitalization of $10.88 billion, a P/E ratio of 25.36, a PEG ratio of 0.87 and a beta of 1.23. Sociedad Quimica y Minera de Chile has a one year low of $36.70 and a one year high of $58.69. The company has a debt-to-equity ratio of 0.57, a current ratio of 4.34 and a quick ratio of 2.64.

Sociedad Quimica y Minera de Chile (NYSE:SQM) last issued its earnings results on Wednesday, November 21st. The basic materials company reported $0.32 EPS for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.07). Sociedad Quimica y Minera de Chile had a net margin of 19.41% and a return on equity of 20.13%. The company had revenue of $543.20 million during the quarter, compared to analyst estimates of $596.76 million. On average, analysts predict that Sociedad Quimica y Minera de Chile will post 1.74 EPS for the current year.

A number of equities analysts recently commented on SQM shares. HSBC upgraded Sociedad Quimica y Minera de Chile from a “hold” rating to a “buy” rating in a research note on Monday, December 3rd. Deutsche Bank set a $53.00 price target on Sociedad Quimica y Minera de Chile and gave the stock a “buy” rating in a research note on Tuesday, November 13th. Santander upgraded Sociedad Quimica y Minera de Chile from a “hold” rating to a “buy” rating in a research note on Wednesday, December 12th. BMO Capital Markets started coverage on Sociedad Quimica y Minera de Chile in a research note on Monday, October 29th. They issued an “outperform” rating for the company. Finally, JPMorgan Chase & Co. set a $52.00 price target on Sociedad Quimica y Minera de Chile and gave the stock a “buy” rating in a research note on Friday, November 16th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $51.00.

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Sociedad Quimica y Minera de Chile Company Profile

Sociedad QuĂ­mica y Minera de Chile SA produces and distributes specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, industrial chemicals, potassium, and other products and services. The company offers specialty plant nutrients, including potassium nitrate, sodium nitrate, sodium potassium nitrate, specialty mixes, and other specialty fertilizers for crops, such as vegetables, fruits, and flowers under the Ultrasol, Qrop, Speedfol, and Allganic brands.

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Institutional Ownership by Quarter for Sociedad Quimica y Minera de Chile (NYSE:SQM)

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