Robeco Institutional Asset Management B.V. Has $3.82 Million Stock Position in Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Robeco Institutional Asset Management B.V. reduced its position in shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM) by 14.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 105,147 shares of the basic materials company’s stock after selling 17,470 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Sociedad Química y Minera de Chile were worth $3,823,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of SQM. R Squared Ltd bought a new stake in shares of Sociedad Química y Minera de Chile during the fourth quarter worth approximately $58,000. Avior Wealth Management LLC boosted its position in shares of Sociedad Química y Minera de Chile by 104.0% in the 4th quarter. Avior Wealth Management LLC now owns 2,128 shares of the basic materials company’s stock worth $77,000 after purchasing an additional 1,085 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Sociedad Química y Minera de Chile by 47.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,133 shares of the basic materials company’s stock worth $87,000 after purchasing an additional 683 shares during the period. Signaturefd LLC increased its holdings in Sociedad Química y Minera de Chile by 21.3% in the third quarter. Signaturefd LLC now owns 2,500 shares of the basic materials company’s stock valued at $104,000 after purchasing an additional 439 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in Sociedad Química y Minera de Chile by 216.6% in the third quarter. Blue Trust Inc. now owns 2,891 shares of the basic materials company’s stock valued at $118,000 after buying an additional 1,978 shares during the period. Institutional investors own 12.41% of the company’s stock.

Sociedad Química y Minera de Chile Price Performance

SQM stock opened at $39.55 on Monday. The stock has a 50-day moving average price of $38.58 and a two-hundred day moving average price of $38.52. Sociedad Química y Minera de Chile S.A. has a 1 year low of $32.24 and a 1 year high of $51.90. The stock has a market cap of $11.30 billion, a PE ratio of -35.63, a price-to-earnings-growth ratio of 5.44 and a beta of 1.03. The company has a current ratio of 2.94, a quick ratio of 2.05 and a debt-to-equity ratio of 0.74.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. lowered Sociedad Química y Minera de Chile from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $55.00 to $44.00 in a research report on Friday, October 11th. StockNews.com raised shares of Sociedad Química y Minera de Chile to a “sell” rating in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Sociedad Química y Minera de Chile from $35.00 to $31.00 and set a “hold” rating on the stock in a research report on Thursday, November 21st. Finally, Scotiabank dropped their price objective on Sociedad Química y Minera de Chile from $60.00 to $50.00 and set a “sector outperform” rating on the stock in a research note on Monday, November 25th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $45.56.

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.