Israel Chemicals (ICL) demoted by Zacks Investment Research to "Hold"

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Israel Chemicals Ltd. logo "title =" Israel Chemicals Ltd. logo "clbad =" full-size companylogo "/> Zacks Investment Research shares cut from <span> Israel Chemicals (NYSE: ICL) </span> from one purchase rating at According to Zacks, "Israel Chemicals Ltd." is a manufacturer of specialty fertilizers and specialty phosphates, flame retardants and water treatment solutions, operating mainly in three markets: agriculture, The company's products include chemical specialties of bromine, potash, phosphate fertilizers and performance and specialized industrial products.It markets its products mainly in Israel, Europe and the Americas.Israel Chemicals Ltd. is headquartered in Tel Aviv, Israel. "</p> <p> A number of other brokerages have also recently published reports on ICL.ValuEngine cutting Israel Chemicals from a purchase rating to a conservation rating in a report on Tuesday 29th. May .. Israel Chemicals from a neutral note to a purchase note in a report on Wednesday, March 21. Five financial badysts have badigned a reserve note to the stock and another badigned a rating of To buy in. Israel Chemicals has an average Hold rating and an average price of $ 5.00 </p> <p> The Israel Chemicals stock has risen by $ 0.01 in the middle of the day Thursday, reaching $ 4.69 .The stock had a trading volume of 55,368 shares, compared to its average volume of 155,524. The stock has a market capitalization of $ 5.99 billion , a price / earnings ratio of 15.13 and a beta of 1.01 Israel Chemicals has a 12-month low of $ 3.85 and a 12-month high of 4.99 The company has a fast ratio of 1.03, a ratio of 1.62 and a debt ratio of 0.65. </p> <p> Israel Chemicals (NYSE: ICL) last published its quarterly results on Thursday, May 10. The base materials company reported earnings per share (EPS) of $ 0.08 for the quarter, which corresponds to the consensus estimate of $ 0.08. The activity generated a business turnover of $ 1.40 billion for the quarter, compared with $ 1.43 billion for badysts. Israel Chemicals had a return on equity of 13.77% and a net margin of 22.15%. The quarterly business turnover of the company increased by 8.4% compared to the same quarter of last year. In the same quarter last year, the company earned $ 0.04 per share. Sell-side badysts expect that Israel Chemicals will release 0.38 EPS for the current year. </p> <p> The company also recently announced a quarterly dividend, which was paid Wednesday, June 20. Shareholders of record on Wednesday, June 6, received a dividend of $ 0.04 per share. This represents a dividend of $ 0.16 on an annualized basis and a return of 3.41%. The ex-dividend date of this dividend was Wednesday, June 6th. The dividend payout rate (DPR) of Israel Chemicals is currently 70.97%. </p> <p> Institutional investors and hedge funds have recently changed their holdings in the company. Meitav Dash Investments Ltd. acquired a new equity stake in Israel Chemicals during the fourth quarter, valued at approximately $ 24,290,000. Delek Group Ltd. acquired a new stake in shares of Israel Chemicals during the fourth quarter valued at approximately $ 16,093,000. Hsbc Holdings PLC increased its position in the shares of Israel Chemicals by 1,776.5% in the first quarter. Hsbc Holdings PLC now holds 856,705 shares of the base materials company valued at $ 3,632,000 after purchasing 811,050 additional shares during the period. The Swiss National Bank increased its position in the shares of Israel Chemicals by 31.3% during the first quarter. The Swiss National Bank now holds 2,581,953 shares in the core business valued at USD 10,912,000 after purchasing 615,582 additional shares during the period. Finally, River & Mercantile Asset Management LLP increased its position in the shares of Israel Chemicals by 81.4% in the first quarter. River & Mercantile Asset Management LLP now holds 1,187,732 shares in the base materials company valued at $ 5,030,000 after purchasing 532,931 additional shares during the period. Hedge funds and other institutional investors hold 7.02% of the company's shares. </p> <p> <strong> Company Profile Israel Chemicals </strong> </p> <p> Israel Chemicals Ltd. operates as a specialty mineral company worldwide. The company operates through two segments, Essential Minerals and Specialty Solutions. The company extracts potash from the Dead Sea; mine and produces potash, salt and polysulfate; and produces, markets and sells pure magnesium and magnesium alloys, and produces dry carnallite and related byproducts, including chlorine and sylvinite. <!--ViewCount:ArticleHistoryID=21370845&PostDate=2018-7-14&type=a&secondary=1&id=1050383--> </p> <p> Get a free copy of the Zacks Research Report on Israel Chemicals (ICL </p> <p> For more information on Zacks Investment Research's research offerings, visit Zacks.com <!--Keyword: Israel Chemicals,NYSE:ICL,ICL,Basic Material,Downgrade,Zacks Investment Research--><!--Ratings:3,3,NYSE:ICL--></p> <p> <!-- end inline unit --></p> <p> <!-- end main text --></p> <p> <!-- Invalidate Article --></p> <p> <!-- End Invalidate --></p> <p><!--Begin Footer Opt-In--></p> <p style= news and reviews of Israel Chemicals Daily – Enter your email address below to receive a concise summary of the latest news badyst ratings for Israel Chemicals and related companies with the free daily newsletter from MarketBeat.com

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