Israel Chemicals Shs' (NYSE:ICL) Hold Rating Reaffirmed at Jefferies Group LLC

The firm owned 9,871,468 shares of the basic materials company's stock after buying an additional 434,474 shares during the period. Bank of America Corp DE's holdings in Israel Chemicals Shs were worth $2,047,000 as of its most recent filing with the SEC.

A number of analysts have recently weighed in on ICL shares.

Hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp now owns 1,520,221 shares of the basic materials company's stock worth $6,476,000 after buying an additional 143,262 shares in the last quarter. Israel Chemicals Shs's revenue for the quarter was down 4.0% compared to the same quarter past year. River & Mercantile Asset Management LLP acquired a new stake in Israel Chemicals Shs during the first quarter worth about $1,032,000. Goldman Sachs Group Inc. increased its stake in Israel Chemicals Shs by 19.3% in the first quarter. Russell Investments Group Ltd. increased its stake in Israel Chemicals Shs by 80.1% in the second quarter. Credit Suisse AG now owns 1,076,089 shares of the basic materials company's stock valued at $4,585,000 after buying an additional 24,646 shares during the period. SG Americas Securities LLC now owns 103,548 shares of the basic materials company's stock valued at $441,000 after buying an additional 89,294 shares during the period. Bank of Montreal Can now owns 879,248 shares of the basic materials company's stock worth $3,745,000 after buying an additional 398,754 shares in the last quarter. Zacks Investment Research cut Israel Chemicals Shs from a hold rating to a sell rating in a research report on Tuesday, July 25th. Israel Chemicals Shs presently has an average rating of "Hold" and an average target price of $4.67. Institutional investors and hedge funds own 5.98% of the company's stock.

Israel Chemicals Shs (ICL) traded up 0.22% on Friday, hitting $4.53. Israel Chemicals Shs has a 52 week low of $3.52 and a 52 week high of $4.95. BidaskClub raised Israel Chemicals Shs from a "hold" rating to a "buy" rating in a report on Wednesday, July 12th. Equities analysts predict that Israel Chemicals Shs will post $0.29 earnings per share for the current year. The company's 50-day moving average is $4.70 and its 200-day moving average is $4.44. The firm's market capitalization is $5.77 billion.

Israel Chemicals Shs (NYSE:ICL) last released its earnings results on Thursday, August 3rd. The basic materials company reported $0.05 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.06 by $0.01. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.32 billion. Israel Chemicals Shs had a positive return on equity of 13.55% and a negative net margin of 3.43%. During the same quarter a year ago, the company posted $0.09 EPS.

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The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 13th. Shareholders of record on Tuesday, August 29th will be given a $0.0245 dividend. Jefferies Group LLC now has a $5.25 price target on the basic materials company's stock, up from their prior price target of $4.75. The ex-dividend date is Tuesday, August 29th. This represents a $0.10 annualized dividend and a dividend yield of 2.16%. Israel Chemicals Shs's dividend payout ratio is now -66.66%. The company now has a consensus rating of Hold and an average price target of $4.67. Finally, Jefferies Group LLC restated a "hold" rating and issued a $5.25 target price (up from $4.75) on shares of Israel Chemicals Shs in a report on Friday, July 14th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company.

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