Louisiana State Employees Retirement System Takes Position in CF Industries Holdings, Inc. $CF

Louisiana State Employees Retirement System acquired a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 7,900 shares of the basic materials company’s stock, valued at approximately $1,026,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of CF Industries by 3.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,500 shares of the basic materials company’s stock worth $1,368,000 after buying an additional 518 shares during the last quarter. Jones Financial Companies Lllp grew its stake in CF Industries by 161.1% in the 1st quarter. Jones Financial Companies Lllp now owns 11,870 shares of the basic materials company’s stock valued at $928,000 after buying an additional 7,324 shares during the last quarter. Woodline Partners LP grew its stake in CF Industries by 40.7% in the 1st quarter. Woodline Partners LP now owns 14,703 shares of the basic materials company’s stock valued at $1,149,000 after buying an additional 4,252 shares during the last quarter. Focus Partners Wealth raised its holdings in CF Industries by 21.8% in the 1st quarter. Focus Partners Wealth now owns 3,558 shares of the basic materials company’s stock worth $278,000 after acquiring an additional 638 shares during the period. Finally, Geneos Wealth Management Inc. raised its holdings in CF Industries by 141.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 790 shares of the basic materials company’s stock worth $62,000 after acquiring an additional 463 shares during the period. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Price Performance

NYSE:CF opened at $110.61 on Friday. The company has a 50-day moving average of $115.32 and a 200-day moving average of $106.53. The company has a market capitalization of $16.99 billion, a price-to-earnings ratio of 9.94 and a beta of 0.40. CF Industries Holdings, Inc. has a 52 week low of $75.42 and a 52 week high of $141.96. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.15 and a current ratio of 3.54.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Friday, May 15th. CF Industries’s dividend payout ratio is 17.97%.

Analyst Ratings Changes

A number of research analysts have weighed in on CF shares. Canadian Imperial Bank of Commerce boosted their target price on shares of CF Industries from $118.00 to $128.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. BNP Paribas Exane dropped their price objective on CF Industries from $140.00 to $120.00 and set a “neutral” rating on the stock in a research note on Monday, June 15th. HSBC cut their price objective on CF Industries from $130.00 to $121.00 in a research report on Wednesday, June 17th. Royal Bank Of Canada increased their target price on CF Industries from $100.00 to $125.00 and gave the company a “sector perform” rating in a research note on Tuesday, April 7th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of CF Industries in a report on Monday, June 29th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, CF Industries currently has an average rating of “Hold” and an average price target of $118.50.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.