Two Sigma Investments LP Purchases 5,332 Shares of ICL Group Ltd. (NYSE:ICL)

Two Sigma Investments LP grew its position in shares of ICL Group Ltd. (NYSE:ICL) by 10.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,645 shares of the basic materials company’s stock after buying an additional 5,332 shares during the quarter. Two Sigma Investments LP’s holdings in ICL Group were worth $180,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ICL. Virtus ETF Advisers LLC bought a new position in shares of ICL Group in the first quarter valued at approximately $1,080,000. Caisse DE Depot ET Placement DU Quebec grew its position in ICL Group by 39.2% during the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 545,907 shares of the basic materials company’s stock worth $1,741,000 after acquiring an additional 153,771 shares during the last quarter. Eaton Vance Management acquired a new stake in ICL Group during the 1st quarter valued at $75,000. Wellington Management Group LLP raised its position in ICL Group by 35.8% in the 1st quarter. Wellington Management Group LLP now owns 317,687 shares of the basic materials company’s stock valued at $1,013,000 after purchasing an additional 83,826 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its stake in ICL Group by 9.7% in the first quarter. Alliancebernstein L.P. now owns 788,623 shares of the basic materials company’s stock worth $2,421,000 after purchasing an additional 69,756 shares in the last quarter. 4.63% of the stock is owned by institutional investors.

ICL stock opened at $3.02 on Wednesday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.92 and a current ratio of 1.53. ICL Group Ltd. has a twelve month low of $2.68 and a twelve month high of $5.50. The business has a fifty day moving average of $3.37 and a 200-day moving average of $3.74.

ICL Group (NYSE:ICL) last announced its quarterly earnings data on Tuesday, May 12th. The basic materials company reported $0.05 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.05. The firm had revenue of $1.32 billion during the quarter. ICL Group had a return on equity of 9.60% and a net margin of 7.65%. On average, research analysts expect that ICL Group Ltd. will post 0.2 EPS for the current year.

A number of research analysts recently issued reports on the company. Zacks Investment Research raised ICL Group from a “sell” rating to a “hold” rating in a report on Wednesday, June 17th. ValuEngine lowered shares of ICL Group from a “hold” rating to a “sell” rating in a research report on Thursday, April 30th.

About ICL Group

ICL Group Ltd. operates as a specialty minerals and chemicals company worldwide. It operates in four segments: Industrial Products, Potash, Phosphate Solutions, and Innovative Ag Solutions (IAS). 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.

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Institutional Ownership by Quarter for ICL Group (NYSE:ICL)

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