Shares of Cellcom Israel Ltd. (NYSE:CEL) have earned a consensus broker rating score of 5.00 (Strong Sell) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong sell rating.
Zacks has also given Cellcom Israel an industry rank of 72 out of 265 based on the ratings given to its competitors.
Separately, ValuEngine upgraded Cellcom Israel from a “hold” rating to a “buy” rating in a report on Tuesday.
Several large investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP increased its position in shares of Cellcom Israel by 4.1% in the second quarter. Dimensional Fund Advisors LP now owns 78,732 shares of the technology company’s stock valued at $759,000 after acquiring an additional 3,102 shares during the last quarter. Citadel Advisors LLC acquired a new stake in shares of Cellcom Israel in the fourth quarter valued at about $150,000. Renaissance Technologies LLC increased its position in shares of Cellcom Israel by 0.4% in the fourth quarter. Renaissance Technologies LLC now owns 3,724,400 shares of the technology company’s stock valued at $37,987,000 after acquiring an additional 15,500 shares during the last quarter. ARK Investment Management LLC acquired a new stake in shares of Cellcom Israel in the fourth quarter valued at about $272,000. Finally, Jane Street Group LLC increased its position in shares of Cellcom Israel by 68.0% in the fourth quarter. Jane Street Group LLC now owns 121,136 shares of the technology company’s stock valued at $1,236,000 after acquiring an additional 49,048 shares during the last quarter. 10.38% of the stock is currently owned by institutional investors and hedge funds.
About Cellcom Israel
Cellcom Israel Ltd. is engaged in the provision of cellular telephone services. The Company offers fixed-line services. The Company operates in two segments: Cellular and Fixed-line. The cellular segment includes the cellular communications services, end user cellular equipment and supplemental services.
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