Schroder Investment Management Group lifted its stake in shares of Israel Chemicals Shs (NYSE:ICL) by 168.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 88,674 shares of the basic materials company’s stock after buying an additional 55,674 shares during the quarter. Schroder Investment Management Group’s holdings in Israel Chemicals Shs were worth $1,460,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP grew its position in shares of Israel Chemicals Shs by 44.8% during the 1st quarter. Wellington Management Group LLP now owns 23,830 shares of the basic materials company’s stock worth $101,000 after buying an additional 7,370 shares during the period. KCG Holdings Inc. acquired a new stake in shares of Israel Chemicals Shs during the 1st quarter worth approximately $102,000. Russell Investments Group Ltd. grew its position in shares of Israel Chemicals Shs by 80.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 40,566 shares of the basic materials company’s stock worth $189,000 after buying an additional 18,041 shares during the period. World Asset Management Inc acquired a new stake in shares of Israel Chemicals Shs during the 2nd quarter worth approximately $355,000. Finally, Comerica Bank grew its position in shares of Israel Chemicals Shs by 514.0% during the 2nd quarter. Comerica Bank now owns 82,311 shares of the basic materials company’s stock worth $387,000 after buying an additional 68,906 shares during the period. 5.94% of the stock is owned by institutional investors.

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Shares of Israel Chemicals Shs (NYSE ICL) opened at 4.56 on Friday. The company has a 50-day moving average of $4.46 and a 200 day moving average of $4.41. Israel Chemicals Shs has a 52-week low of $3.52 and a 52-week high of $4.95. The firm’s market cap is $5.81 billion.

Israel Chemicals Shs (NYSE:ICL) last issued its quarterly earnings results on Thursday, August 3rd. The basic materials company reported $0.05 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.01). The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Israel Chemicals Shs had a positive return on equity of 13.55% and a negative net margin of 3.43%. Israel Chemicals Shs’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.09 earnings per share. On average, equities analysts expect that Israel Chemicals Shs will post $0.26 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 13th. Investors of record on Tuesday, August 29th were paid a $0.0245 dividend. The ex-dividend date was Tuesday, August 29th. This represents a $0.10 annualized dividend and a yield of 2.15%. Israel Chemicals Shs’s payout ratio is -66.66%.

Several analysts have recently commented on the stock. BidaskClub raised shares of Israel Chemicals Shs from a “sell” rating to a “hold” rating in a research report on Saturday, June 24th. Zacks Investment Research raised shares of Israel Chemicals Shs from a “sell” rating to a “hold” rating in a research report on Monday, July 17th. ValuEngine raised shares of Israel Chemicals Shs from a “hold” rating to a “buy” rating in a research report on Saturday, June 17th. Jefferies Group LLC reaffirmed a “hold” rating and set a $5.25 price objective (up previously from $4.75) on shares of Israel Chemicals Shs in a research report on Friday, July 14th. Finally, BMO Capital Markets reissued a “hold” rating and issued a $4.50 price target on shares of Israel Chemicals Shs in a research report on Friday, September 1st. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $4.67.

Israel Chemicals Shs Company Profile

Israel Chemicals Ltd. operates as a specialty minerals company worldwide. The company operates through two segments, Essential Minerals and Specialty Solutions. The company extracts potash from the Dead Sea; mines and produces potash and salt from subterranean mines in Spain and the United Kingdom, as well as uses part of the potash to produce compound fertilizers; mines and processes phosphate rock in open mines; and produces sulfuric acid, agricultural phosphoric acid, phosphate fertilizers, compound fertilizers, liquid fertilizers, and soluble fertilizers.

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Institutional Ownership by Quarter for Israel Chemicals Shs (NYSE:ICL)

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