Callan Family Office LLC Makes New $114,000 Investment in ICL Group Ltd (NYSE:ICL)

Callan Family Office LLC acquired a new position in ICL Group Ltd (NYSE:ICL) in the 4th quarter, Holdings Channel reports. The firm acquired 23,085 shares of the basic materials company’s stock, valued at approximately $114,000.

Several other institutional investors and hedge funds have also bought and sold shares of ICL. Lindbrook Capital LLC lifted its holdings in ICL Group by 56.8% in the fourth quarter. Lindbrook Capital LLC now owns 5,273 shares of the basic materials company’s stock worth $26,000 after buying an additional 1,910 shares during the period. Quantbot Technologies LP lifted its holdings in ICL Group by 35.6% in the third quarter. Quantbot Technologies LP now owns 11,380 shares of the basic materials company’s stock worth $48,000 after buying an additional 2,985 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in ICL Group by 223.7% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 10,715 shares of the basic materials company’s stock worth $53,000 after buying an additional 7,405 shares during the period. Savant Capital LLC purchased a new stake in ICL Group in the fourth quarter worth about $54,000. Finally, Townsquare Capital LLC purchased a new position in shares of ICL Group during the third quarter valued at approximately $56,000. 13.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

ICL Group Price Performance

Shares of NYSE ICL opened at $6.17 on Wednesday. ICL Group Ltd has a twelve month low of $3.79 and a twelve month high of $6.57. The firm has a market cap of $8.11 billion, a P/E ratio of 19.91, a PEG ratio of 7.10 and a beta of 1.21. The company has a 50 day moving average of $5.83 and a 200 day moving average of $4.90. 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 (NYSE:ICL) last announced its quarterly earnings data on Wednesday, February 26th. The basic materials company reported $0.08 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.08. ICL Group had a net margin of 5.83% and a return on equity of 8.31%. The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.65 billion. As a group, research analysts expect that ICL Group Ltd will post 0.37 EPS for the current fiscal 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. This is a positive change from ICL Group’s previous quarterly dividend of $0.01. This represents a $0.16 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date of this dividend is Wednesday, March 12th. ICL Group’s payout ratio is presently 50.00%.

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.