Lindbrook Capital LLC Purchases 1,910 Shares of ICL Group Ltd (NYSE:ICL)

Lindbrook Capital LLC increased its position in ICL Group Ltd (NYSE:ICL) by 56.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 5,273 shares of the basic materials company’s stock after buying an additional 1,910 shares during the quarter. Lindbrook Capital LLC’s holdings in ICL Group were worth $26,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of ICL. Quantbot Technologies LP lifted its holdings in shares of ICL Group by 35.6% in the 3rd quarter. Quantbot Technologies LP now owns 11,380 shares of the basic materials company’s stock worth $48,000 after purchasing an additional 2,985 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its position in ICL Group by 223.7% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 10,715 shares of the basic materials company’s stock valued at $53,000 after buying an additional 7,405 shares during the last quarter. Savant Capital LLC purchased a new stake in ICL Group in the 4th quarter valued at $54,000. Townsquare Capital LLC purchased a new stake in ICL Group in the 3rd quarter valued at $56,000. Finally, Wealthstream Advisors Inc. purchased a new stake in ICL Group in the 4th quarter valued at $57,000. 13.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on ICL shares. StockNews.com lowered ICL Group from a “strong-buy” rating to a “buy” rating in a research report on Thursday, February 27th. Barclays increased their price target on ICL Group from $6.00 to $7.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 5th. Finally, BMO Capital Markets raised their target price on ICL Group from $6.00 to $6.50 and gave the company a “market perform” rating in a research report on Thursday, February 27th.

ICL Group Trading Down 0.6 %

Shares of ICL Group stock opened at $6.04 on Monday. ICL Group Ltd has a 1 year low of $3.79 and a 1 year high of $6.57. The firm has a market cap of $7.93 billion, a PE ratio of 19.47, a P/E/G ratio of 7.10 and a beta of 1.21. The stock has a fifty day moving average price of $5.78 and a 200-day moving average price of $4.87. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.56 and a quick ratio of 0.91.

ICL Group (NYSE:ICL) last announced its earnings results on Wednesday, February 26th. The basic materials company reported $0.08 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.08. ICL Group had a return on equity of 8.31% and a net margin of 5.83%. The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.65 billion. Equities research analysts anticipate that ICL Group Ltd will post 0.37 EPS for the current year.

ICL Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Wednesday, March 12th will be issued a $0.0403 dividend. The ex-dividend date is Wednesday, March 12th. This represents a $0.16 annualized dividend and a yield of 2.67%. This is a positive change from ICL Group’s previous quarterly dividend of $0.01. ICL Group’s dividend payout ratio (DPR) is 50.00%.

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.