Boston Common Asset Management LLC Has Decreased Its Sociedad Quimica Minera De Chi (SQM) Stake as Stock Value Declined

Boston Common Asset Management Llc decreased its stake in Sociedad Quimica Minera De Chi (SQM) by 18.22% based on its latest 2019Q2 regulatory filing with the SEC. Boston Common Asset Management Llc sold 119,073 shares as the company’s stock declined 16.08% . The institutional investor held 534,382 shares of the mining & quarrying of nonmetallic minerals (no fuels) company at the end of 2019Q2, valued at $29.74M, down from 653,455 at the end of the previous reported quarter. Boston Common Asset Management Llc who had been investing in Sociedad Quimica Minera De Chi for a number of months, seems to be less bullish one the $7.41 billion market cap company. The stock increased 4.26% or $1.15 during the last trading session, reaching $28.17. About 688,841 shares traded. Sociedad Quimica y Minera de Chile S.A. (NYSE:SQM) has declined 36.74% since October 12, 2018 and is downtrending. It has underperformed by 36.74% the S&P500.

Boston Common Asset Management Llc, which manages about $24.33 billion and $802.30M US Long portfolio, upped its stake in Applied Matls Inc Com (NASDAQ:AMAT) by 81,265 shares to 138,305 shares, valued at $7.20 million in 2019Q2, according to the filing.

Analysts await Sociedad Quimica y Minera de Chile S.A. (NYSE:SQM) to report earnings on November, 20. They expect $0.27 EPS, down 15.63 % or $0.05 from last year’s $0.32 per share. SQM’s profit will be $71.06M for 26.08 P/E if the $0.27 EPS becomes a reality. After $0.27 actual EPS reported by Sociedad Quimica y Minera de Chile S.A. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

More notable recent Sociedad Quimica y Minera de Chile S.A. (NYSE:SQM) news were published by: Finance.Yahoo.com which released: “SQM Reports Earnings For The Second Quarter Of 2019 – Yahoo Finance” on August 21, 2019, also Seekingalpha.com with their article: “Lithium Miners News For The Month Of June 2019 – Seeking Alpha” published on June 25, 2019, Benzinga.com published: “26 Stocks Moving in Thursday’s Pre-Market Session – Benzinga” on August 22, 2019. More interesting news about Sociedad Quimica y Minera de Chile S.A. (NYSE:SQM) were released by: Seekingalpha.com and their article: “SQM moves to safeguard secrets from China’s Tianqi Lithium – Seeking Alpha” published on January 24, 2019 as well as Seekingalpha.com‘s news article titled: “Lithium Miners News For The Month Of September 2019 – Seeking Alpha” with publication date: September 22, 2019.

Sociedad Quimica y Minera de Chile S.A. (NYSE:SQM) Ratings Coverage

Among 2 analysts covering Sociedad Quimica y Minera (NYSE:SQM), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Sociedad Quimica y Minera has $3100 highest and $2300 lowest target. $27’s average target is -4.15% below currents $28.17 stock price. Sociedad Quimica y Minera had 3 analyst reports since April 16, 2019 according to SRatingsIntel. The company was downgraded on Thursday, August 22 by JP Morgan. BMO Capital Markets downgraded Sociedad Quimica y Minera de Chile S.A. (NYSE:SQM) rating on Friday, May 24. BMO Capital Markets has “Market Perform” rating and $3100 target.

Sociedad Quimica y Minera de Chile S.A. (NYSE:SQM) Ratings Chart

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