Israel Chemicals Shs (NYSE:ICL) – Equities research analysts at Jefferies Group raised their Q4 2017 EPS estimates for shares of Israel Chemicals Shs in a note issued to investors on Thursday. Jefferies Group analyst J. Schnell now forecasts that the basic materials company will post earnings of $0.10 per share for the quarter, up from their previous estimate of $0.08. Jefferies Group currently has a “Hold” rating and a $5.25 target price on the stock. Jefferies Group also issued estimates for Israel Chemicals Shs’ FY2019 earnings at $0.40 EPS.

Israel Chemicals Shs (NYSE:ICL) last announced its earnings results on Thursday, August 3rd. The basic materials company reported $0.05 earnings per share (EPS) for the quarter, missing the 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 company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the previous year, the firm earned $0.09 earnings per share. The company’s revenue for the quarter was down 4.0% compared to the same quarter last year.

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Other equities research analysts have also issued reports about the stock. Zacks Investment Research raised shares of Israel Chemicals Shs from a “sell” rating to a “hold” rating in a report on Monday, July 17th. ValuEngine raised shares of Israel Chemicals Shs from a “hold” rating to a “buy” rating in a report on Saturday, June 17th. Finally, BidaskClub raised shares of Israel Chemicals Shs from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $4.67.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 13th. Investors of record on Tuesday, August 29th will be issued a $0.0245 dividend. This represents a $0.10 annualized dividend and a yield of 2.10%. The ex-dividend date of this dividend is Tuesday, August 29th. Israel Chemicals Shs’s dividend payout ratio is -66.66%.

A number of hedge funds and other institutional investors have recently bought and sold shares of ICL. Comerica Bank increased its position in Israel Chemicals Shs by 514.0% in the second quarter. Comerica Bank now owns 82,311 shares of the basic materials company’s stock valued at $387,000 after buying an additional 68,906 shares during the last quarter. SG Americas Securities LLC increased its position in Israel Chemicals Shs by 22.7% in the second quarter. SG Americas Securities LLC now owns 127,013 shares of the basic materials company’s stock valued at $601,000 after buying an additional 23,465 shares during the last quarter. World Asset Management Inc acquired a new position in Israel Chemicals Shs during the second quarter valued at $355,000. Russell Investments Group Ltd. increased its position in 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 last quarter. Finally, Aperio Group LLC increased its position in Israel Chemicals Shs by 5.8% in the second quarter. Aperio Group LLC now owns 194,268 shares of the basic materials company’s stock valued at $919,000 after buying an additional 10,602 shares during the last quarter. Institutional investors and hedge funds own 5.98% of the company’s stock.

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