ValuEngine upgraded shares of Israel Chemicals Shs (NYSE:ICL) from a hold rating to a buy rating in a report published on Wednesday morning.

ICL has been the subject of a number of other reports. BidaskClub upgraded shares of Israel Chemicals Shs from a sell rating to a hold rating in a report on Saturday, June 24th. Zacks Investment Research upgraded shares of Israel Chemicals Shs from a sell rating to a hold rating in a report on Monday, July 17th. Jefferies Group LLC restated a hold rating and set a $5.25 price target (up from $4.75) on shares of Israel Chemicals Shs in a report on Friday, July 14th. Finally, BMO Capital Markets reiterated a hold rating and issued a $4.50 target price on shares of Israel Chemicals Shs in a research note on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. Israel Chemicals Shs has an average rating of Hold and an average target price of $4.67.

Israel Chemicals Shs (NYSE:ICL) traded up 0.69% on Wednesday, hitting $4.37. The company had a trading volume of 274,672 shares. The firm’s 50 day moving average price is $4.55 and its 200 day moving average price is $4.41. The stock’s market cap is $5.57 billion. Israel Chemicals Shs has a 12-month low of $3.52 and a 12-month high of $4.95.

Israel Chemicals Shs (NYSE:ICL) last released its quarterly earnings results on Thursday, August 3rd. The basic materials company reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.06 by $0.01. Israel Chemicals Shs had a negative net margin of 3.43% and a positive return on equity of 13.55%. The firm had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter last year, the company earned $0.09 earnings per share. The firm’s revenue was down 4.0% on a year-over-year basis. Equities analysts predict that Israel Chemicals Shs will post $0.26 earnings per share for the current fiscal year.

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The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 13th. Investors of record on Tuesday, August 29th will be paid a $0.0245 dividend. This represents a $0.10 annualized dividend and a dividend yield of 2.24%. The ex-dividend date of this dividend is Tuesday, August 29th. Israel Chemicals Shs’s payout ratio is presently -66.66%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP lifted its stake in shares of Israel Chemicals Shs by 44.8% in the first quarter. Wellington Management Group LLP now owns 23,830 shares of the basic materials company’s stock valued at $101,000 after buying an additional 7,370 shares during the period. KCG Holdings Inc. bought a new stake in shares of Israel Chemicals Shs in the first quarter valued at about $102,000. Schroder Investment Management Group bought a new stake in shares of Israel Chemicals Shs in the first quarter valued at about $508,000. Russell Investments Group Ltd. lifted its stake in shares of Israel Chemicals Shs by 80.1% in the second quarter. Russell Investments Group Ltd. now owns 40,566 shares of the basic materials company’s stock valued at $189,000 after buying an additional 18,041 shares during the period. Finally, World Asset Management Inc bought a new stake in shares of Israel Chemicals Shs in the second quarter valued at about $355,000. Institutional investors and hedge funds own 5.94% of the company’s stock.

Israel Chemicals Shs Company Profile

Israel Chemicals Ltd. operates as a specialty minerals company worldwide. The company operates through two segments, Essential Minerals and Specialty Solutions. The company extracts potash from the Dead Sea; mines and produces potash and salt from subterranean mines in Spain and the United Kingdom, as well as uses part of the potash to produce compound fertilizers; mines and processes phosphate rock in open mines; and produces sulfuric acid, agricultural phosphoric acid, phosphate fertilizers, compound fertilizers, liquid fertilizers, and soluble fertilizers.

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