Callan Capital LLC Purchases Shares of 16,455 ICL Group Ltd (NYSE:ICL)

Callan Capital LLC bought a new position in shares of ICL Group Ltd (NYSE:ICL) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 16,455 shares of the basic materials company’s stock, valued at approximately $82,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Meitav Investment House Ltd. raised its stake in ICL Group by 21.3% during the 4th quarter. Meitav Investment House Ltd. now owns 20,551,025 shares of the basic materials company’s stock valued at $101,391,000 after purchasing an additional 3,606,357 shares during the period. Assenagon Asset Management S.A. acquired a new position in ICL Group in the 3rd quarter worth about $11,967,000. Y.D. More Investments Ltd increased its holdings in ICL Group by 15.1% in the fourth quarter. Y.D. More Investments Ltd now owns 16,479,059 shares of the basic materials company’s stock worth $81,334,000 after buying an additional 2,161,715 shares during the last quarter. Crossmark Global Holdings Inc. acquired a new position in shares of ICL Group during the 3rd quarter worth $6,689,000. Finally, Point72 Asset Management L.P. acquired a new position in ICL Group during the third quarter worth $1,316,000. 13.38% of the stock is owned by institutional investors and hedge funds.

ICL Group Trading Down 0.9 %

ICL Group stock opened at $6.18 on Monday. ICL Group Ltd has a 12 month low of $3.79 and a 12 month high of $6.43. The stock has a market cap of $8.11 billion, a price-to-earnings ratio of 19.92, a price-to-earnings-growth ratio of 7.10 and a beta of 1.23. The business has a 50 day moving average price of $5.55 and a two-hundred day moving average price of $4.74. The company has a quick ratio of 0.91, a current ratio of 1.56 and a debt-to-equity ratio of 0.30.

Analyst Ratings Changes

ICL has been the topic of several research analyst reports. StockNews.com raised ICL Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, November 12th. Barclays upgraded shares of ICL Group from an “underweight” rating to an “equal weight” rating and raised their price objective for the stock from $4.00 to $6.00 in a research note on Tuesday, January 21st.

ICL Group Profile

ICL Group Ltd, together with its subsidiaries, operates as a specialty minerals and chemicals company worldwide. It operates in four segments: Industrial Products, Potash, Phosphate Solutions, and Growing Solutions. The Industrial Products segment produces bromine out of a solution that is a by-product of the potash production process, as well as bromine-based compounds; produces various grades of potash, salt, magnesium chloride, and magnesia products; and produces and markets phosphorous-based flame retardants and other phosphorus-based products.