Sociedad Química y Minera de Chile S.A. (SQM) At $60.30 Forms Top; Grand Jean Capital Management Has Boosted By $3.59 Million Its Blackstone Group LP (BX) Position

Sociedad Química y Minera de Chile S.A. (SQM) formed multiple top with $65.73 target or 9.00% above today’s $60.30 share price. Sociedad Química y Minera de Chile S.A. (SQM) has $15.87B valuation. The stock increased 2.92% or $1.71 during the last trading session, reaching $60.3. About 631,340 shares traded. Sociedad Química y Minera de Chile S.A. (NYSE:SQM) has risen 69.80% since January 17, 2017 and is uptrending. It has outperformed by 53.10% the S&P500.

Grand Jean Capital Management Inc increased Blackstone Group Lp (BX) stake by 45.28% reported in 2017Q3 SEC filing. Grand Jean Capital Management Inc acquired 108,793 shares as Blackstone Group Lp (BX)’s stock declined 1.16%. The Grand Jean Capital Management Inc holds 349,070 shares with $11.65M value, up from 240,277 last quarter. Blackstone Group Lp now has $41.29B valuation. The stock decreased 0.69% or $0.24 during the last trading session, reaching $34.78. About 403,218 shares traded. The Blackstone Group L.P. (NYSE:BX) has risen 20.49% since January 17, 2017 and is uptrending. It has outperformed by 3.79% the S&P500.

Among 8 analysts covering Sociedad Quimica y Minera de Chile (NYSE:SQM), 1 have Buy rating, 1 Sell and 6 Hold. Therefore 13% are positive. Sociedad Quimica y Minera de Chile has $60.0 highest and $17 lowest target. $33.54’s average target is -44.38% below currents $60.3 stock price. Sociedad Quimica y Minera de Chile had 22 analyst reports since August 28, 2015 according to SRatingsIntel. The stock of Sociedad Química y Minera de Chile S.A. (NYSE:SQM) has “Hold” rating given on Thursday, August 24 by BMO Capital Markets. On Wednesday, January 25 the stock rating was upgraded by Citigroup to “Neutral”. The rating was upgraded by HSBC to “Buy” on Wednesday, October 19. The firm earned “Buy” rating on Wednesday, September 13 by Bank of America. BMO Capital Markets maintained the stock with “Market Perform” rating in Tuesday, August 29 report. Santander upgraded it to “Hold” rating and $18.71 target in Tuesday, December 8 report. The firm earned “Hold” rating on Tuesday, November 17 by HSBC. The stock of Sociedad Química y Minera de Chile S.A. (NYSE:SQM) has “Hold” rating given on Thursday, October 5 by BMO Capital Markets. The company was upgraded on Friday, December 18 by Bank of America. The stock of Sociedad Química y Minera de Chile S.A. (NYSE:SQM) has “Hold” rating given on Tuesday, December 19 by Scotia Capital.

Analysts await Sociedad Química y Minera de Chile S.A. (NYSE:SQM) to report earnings on March, 7. They expect $0.44 EPS, up 41.94% or $0.13 from last year’s $0.31 per share. SQM’s profit will be $115.81M for 34.26 P/E if the $0.44 EPS becomes a reality. After $0.43 actual EPS reported by Sociedad Química y Minera de Chile S.A. for the previous quarter, Wall Street now forecasts 2.33% EPS growth.

Since December 13, 2017, it had 0 insider purchases, and 1 sale for $632,896 activity. Another trade for 20,000 shares valued at $632,896 was sold by Finley John G.