Hsbc Holdings PLC Cuts Stock Position in ICL Group Ltd (NYSE:ICL)

Hsbc Holdings PLC decreased its position in shares of ICL Group Ltd (NYSE:ICL – Free Report) by 35.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 203,984 shares of the basic materials company’s stock after selling 113,849 shares during [...]

featured-image

Hsbc Holdings PLC decreased its position in shares of ICL Group Ltd ( NYSE:ICL – Free Report ) by 35.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 203,984 shares of the basic materials company’s stock after selling 113,849 shares during the period.

Hsbc Holdings PLC’s holdings in ICL Group were worth $884,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors also recently bought and sold shares of ICL. Vanguard Group Inc.



lifted its position in shares of ICL Group by 1.6% during the first quarter. Vanguard Group Inc.

now owns 25,286,822 shares of the basic materials company’s stock worth $136,043,000 after purchasing an additional 392,805 shares in the last quarter. Y.D.

More Investments Ltd lifted its holdings in ICL Group by 2,927,153.2% during the 2nd quarter. Y.

D. More Investments Ltd now owns 14,636,266 shares of the basic materials company’s stock worth $62,766,000 after buying an additional 14,635,766 shares in the last quarter. V Square Quantitative Management LLC purchased a new position in ICL Group in the 4th quarter valued at approximately $403,000.

Inspire Investing LLC grew its stake in shares of ICL Group by 23.6% in the first quarter. Inspire Investing LLC now owns 21,774 shares of the basic materials company’s stock worth $117,000 after acquiring an additional 4,162 shares in the last quarter.

Finally, DekaBank Deutsche Girozentrale increased its position in shares of ICL Group by 8.1% during the first quarter. DekaBank Deutsche Girozentrale now owns 34,054 shares of the basic materials company’s stock worth $180,000 after acquiring an additional 2,542 shares during the period.

13.38% of the stock is currently owned by hedge funds and other institutional investors. ICL Group Stock Down 0.

7 % ICL Group stock opened at $4.27 on Friday. The stock has a market cap of $5.

61 billion, a PE ratio of 11.54, a P/E/G ratio of 5.06 and a beta of 1.

23. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.

62 and a quick ratio of 0.94. The stock’s fifty day moving average is $4.

20 and its two-hundred day moving average is $4.54. ICL Group Ltd has a 1-year low of $3.

79 and a 1-year high of $5.72. ICL Group Cuts Dividend The business also recently announced a quarterly dividend, which was paid on Wednesday, September 18th.

Stockholders of record on Wednesday, September 4th were issued a $0.037 dividend. This represents a $0.

15 annualized dividend and a dividend yield of 3.47%. The ex-dividend date was Wednesday, September 4th.

ICL Group’s payout ratio is 37.84%. Wall Street Analysts Forecast Growth ICL has been the topic of several recent research reports.

StockNews.com upgraded ICL Group from a “buy” rating to a “strong-buy” rating in a report on Friday, September 20th. Barclays decreased their price target on shares of ICL Group from $4.

50 to $4.00 and set an “underweight” rating for the company in a research note on Friday, August 16th. Check Out Our Latest Analysis on ICL Group About ICL Group ( Free Report ) 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. Featured Articles Want to see what other hedge funds are holding ICL? Visit HoldingsChannel.

com to get the latest 13F filings and insider trades for ICL Group Ltd ( NYSE:ICL – Free Report ). 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 .

.