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

Callan Capital LLC purchased a new stake in ICL Group Ltd (NYSE:ICL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 16,455 shares of the basic materials company’s stock, valued at approximately $82,000.

Several other institutional investors have also bought and sold shares of the stock. Quantbot Technologies LP boosted its stake 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 valued at $48,000 after purchasing an additional 2,985 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in shares of 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 purchasing an additional 7,405 shares in the last quarter. Savant Capital LLC acquired a new position in ICL Group in the fourth quarter valued at about $54,000. Townsquare Capital LLC acquired a new position in ICL Group in the third quarter valued at about $56,000. Finally, Pitcairn Co. acquired a new position in ICL Group in the third quarter valued at about $59,000. Institutional investors and hedge funds own 13.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on ICL shares. Barclays raised ICL Group from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $4.00 to $6.00 in a report on Tuesday, January 21st. StockNews.com raised ICL Group from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, November 12th.

ICL Group Stock Down 0.9 %

Shares of NYSE ICL opened at $6.18 on Monday. The firm’s 50-day simple moving average is $5.55 and its 200 day simple moving average is $4.74. The company 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 company has a quick ratio of 0.91, a current ratio of 1.56 and a debt-to-equity ratio of 0.30. ICL Group Ltd has a 12-month low of $3.79 and a 12-month high of $6.43.

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 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.