Pictet Asset Management SA cut its holdings in shares of ICL Group Ltd (NYSE:ICL – Get Rating) by 13.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 191,127 shares of the basic materials company’s stock after selling 30,460 shares during the quarter. Pictet Asset Management SA’s holdings in ICL Group were worth $1,729,000 at the end of the most recent quarter.
Several other large investors have also recently made changes to their positions in ICL. SJS Investment Consulting Inc. bought a new position in shares of ICL Group in the first quarter worth approximately $30,000. EverSource Wealth Advisors LLC grew its holdings in shares of ICL Group by 1,482.8% in the second quarter. EverSource Wealth Advisors LLC now owns 3,403 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 3,188 shares during the last quarter. Advisor Group Holdings Inc. grew its holdings in shares of ICL Group by 1,091.3% in the first quarter. Advisor Group Holdings Inc. now owns 3,002 shares of the basic materials company’s stock worth $36,000 after purchasing an additional 2,750 shares during the last quarter. Lindbrook Capital LLC grew its holdings in shares of ICL Group by 26.4% in the second quarter. Lindbrook Capital LLC now owns 5,075 shares of the basic materials company’s stock worth $46,000 after purchasing an additional 1,059 shares during the last quarter. Finally, Total Clarity Wealth Management Inc. bought a new position in shares of ICL Group in the second quarter worth approximately $54,000.
ICL Group Stock Performance
NYSE:ICL opened at $8.11 on Tuesday. The stock has a market cap of $10.64 billion, a P/E ratio of 4.98, a price-to-earnings-growth ratio of 0.95 and a beta of 1.10. The firm’s fifty day simple moving average is $8.54 and its 200 day simple moving average is $9.50. ICL Group Ltd has a twelve month low of $7.92 and a twelve month high of $12.96. The company has a quick ratio of 1.01, a current ratio of 1.65 and a debt-to-equity ratio of 0.42.
ICL Group Cuts Dividend
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on ICL shares. StockNews.com started coverage on shares of ICL Group in a report on Wednesday, October 12th. They issued a “strong-buy” rating on the stock. BMO Capital Markets cut their price target on shares of ICL Group from $10.00 to $9.50 and set a “market perform” rating on the stock in a report on Thursday, November 10th. Finally, Barclays cut their price target on shares of ICL Group from $12.00 to $11.00 and set an “equal weight” rating on the stock in a report on Thursday, November 17th. Four research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, ICL Group presently has a consensus rating of “Hold” and an average price target of $10.50.
About ICL Group
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 Innovative Ag Solutions (IAS). 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.
- Get a free copy of the StockNews.com research report on ICL Group (ICL)
- Three Ways To Win The Online Gambling Industry
- Santa Claus Rally? Here’s What Needs to Happen
- Is Ardelyx is A Buy After Slip in Early 2022
- Will the Return of Bob Iger Return the Magic to Disney Stock?
- Is Tesla A Bargain Now As It Trades At Two-Year Lows?
Receive News & Ratings for ICL Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ICL Group and related companies with MarketBeat.com's FREE daily email newsletter.