Hanseatic Management Services Has Upped Chemical & Mining Co. Chile (SQM) Stake By $831,732; Last Week ADTRAN, Inc. (ADTN) Coverage

October 29, 2017 - By Stephen Andrade

Hanseatic Management Services Inc increased Chemical & Mining Co. Chile (SQM) stake by 5373.99% reported in 2017Q2 SEC filing. Hanseatic Management Services Inc acquired 25,204 shares as Chemical & Mining Co. Chile (SQM)’s stock rose 11.91%. The Hanseatic Management Services Inc holds 25,673 shares with $848,000 value, up from 469 last quarter. Chemical & Mining Co. Chile now has $15.26B valuation. The stock decreased 0.68% or $0.41 on October 27, reaching $59.7. About 556,439 shares traded. Sociedad Quimica y Minera de Chile (ADR) (NYSE:SQM) has risen 69.80% since October 29, 2016 and is uptrending. It has outperformed by 53.10% the S&P500.

Among 9 analysts covering Adtran Inc. (NASDAQ:ADTN), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Adtran Inc. had 26 analyst reports since September 9, 2015 according to SRatingsIntel. Cowen & Co upgraded the shares of ADTN in report on Thursday, February 4 to “Market Perform” rating. The stock of ADTRAN, Inc. (NASDAQ:ADTN) has “Buy” rating given on Thursday, July 20 by Needham. The company was upgraded on Monday, January 18 by Drexel Hamilton. The stock of ADTRAN, Inc. (NASDAQ:ADTN) has “Buy” rating given on Friday, January 8 by Stifel Nicolaus. The firm has “Hold” rating by Jefferies given on Monday, August 21. The stock of ADTRAN, Inc. (NASDAQ:ADTN) earned “Overweight” rating by JP Morgan on Thursday, December 17. Northland Capital maintained ADTRAN, Inc. (NASDAQ:ADTN) rating on Wednesday, October 18. Northland Capital has “Buy” rating and $28.0 target. The firm has “Buy” rating given on Tuesday, September 5 by Northland Capital. The firm has “Outperform” rating given on Monday, October 31 by Northland Capital. As per Thursday, January 21, the company rating was upgraded by Needham. See ADTRAN, Inc. (NASDAQ:ADTN) latest ratings:

18/10/2017 Broker: Needham Rating: Buy New Target: $26.0 Maintain
18/10/2017 Broker: Northland Capital Rating: Buy New Target: $28.0 Maintain
04/10/2017 Broker: Jefferies Rating: Hold New Target: $20.5 Maintain
05/09/2017 Broker: Northland Capital Rating: Buy New Target: $28.0 Maintain
21/08/2017 Broker: Jefferies Rating: Hold New Target: $20.5 Maintain
20/07/2017 Broker: Needham Rating: Buy Old Target: $24 New Target: $25 Maintain
18/07/2017 Broker: Cowen & Co Rating: Hold New Target: $16.0000 Maintain
03/07/2017 Broker: Northland Capital Rating: Buy New Target: $24.0000 Maintain
01/06/2017 Broker: Jefferies Rating: Hold New Target: $20.5000 Maintain

Hanseatic Management Services Inc decreased Bok Financial Corp. (NASDAQ:BOKF) stake by 3,949 shares to 14,399 valued at $1.21 million in 2017Q2. It also reduced Banco Bradesco Sa (NYSE:BBD) stake by 89,513 shares and now owns 144 shares. Credicorp Ltd (NYSE:BAP) was reduced too.

Among 7 analysts covering Sociedad Quimica y Minera de Chile (NYSE:SQM), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. Sociedad Quimica y Minera de Chile had 21 analyst reports since August 28, 2015 according to SRatingsIntel. As per Wednesday, September 30, the company rating was downgraded by JP Morgan. Santander upgraded Sociedad Quimica y Minera de Chile (ADR) (NYSE:SQM) rating on Tuesday, December 8. Santander has “Hold” rating and $18.71 target. BMO Capital Markets maintained it with “Hold” rating and $35.0 target in Thursday, August 24 report. On Wednesday, September 13 the stock rating was upgraded by Bank of America to “Buy”. The stock of Sociedad Quimica y Minera de Chile (ADR) (NYSE:SQM) has “Hold” rating given on Thursday, October 5 by BMO Capital Markets. The stock of Sociedad Quimica y Minera de Chile (ADR) (NYSE:SQM) has “Hold” rating given on Tuesday, November 17 by HSBC. The stock has “Hold” rating by BMO Capital Markets on Thursday, July 6. The firm has “Market Perform” rating given on Tuesday, August 29 by BMO Capital Markets. Bank of America upgraded the shares of SQM in report on Friday, December 18 to “Buy” rating. Zacks downgraded the shares of SQM in report on Friday, August 28 to “Hold” rating.

ADTRAN, Inc. is a provider of networking and communications equipment. The company has market cap of $1.02 billion. The Company’s solutions enable voice, data, video and Internet communications across a range of network infrastructures. It has a 24.45 P/E ratio. It operates through two divisions: Network Solutions and Services & Support.

The stock increased 1.90% or $0.4 on October 27, reaching $21.4. About 561,688 shares traded or 48.00% up from the average. ADTRAN, Inc. (NASDAQ:ADTN) has risen 6.95% since October 29, 2016 and is uptrending. It has underperformed by 9.75% the S&P500.