Royal Fund Management LLC Sells 9,500 Shares of CF Industries Holdings, Inc. $CF

Royal Fund Management LLC decreased its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 77.2% during the first quarter, HoldingsChannel.com reports. The fund owned 2,800 shares of the basic materials company’s stock after selling 9,500 shares during the period. Royal Fund Management LLC’s holdings in CF Industries were worth $364,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in CF. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of CF Industries by 3.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,360 shares of the basic materials company’s stock valued at $306,000 after purchasing an additional 84 shares during the period. Personal CFO Solutions LLC boosted its holdings in shares of CF Industries by 1.1% during the 1st quarter. Personal CFO Solutions LLC now owns 8,176 shares of the basic materials company’s stock worth $1,062,000 after buying an additional 89 shares during the period. EverSource Wealth Advisors LLC grew its stake in CF Industries by 6.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,496 shares of the basic materials company’s stock valued at $194,000 after buying an additional 97 shares during the last quarter. Lakewood Asset Management LLC grew its stake in CF Industries by 0.9% in the 4th quarter. Lakewood Asset Management LLC now owns 12,371 shares of the basic materials company’s stock valued at $957,000 after buying an additional 111 shares during the last quarter. Finally, Altshuler Shaham Ltd raised its holdings in CF Industries by 36.6% in the 1st quarter. Altshuler Shaham Ltd now owns 418 shares of the basic materials company’s stock worth $54,000 after acquiring an additional 112 shares during the period. 93.06% of the stock is owned by institutional investors.

CF Industries Price Performance

Shares of CF Industries stock opened at $125.53 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.54 and a quick ratio of 3.15. The company has a market cap of $19.29 billion, a PE ratio of 11.28 and a beta of 0.40. The firm has a fifty day moving average price of $114.21 and a two-hundred day moving average price of $112.39. CF Industries Holdings, Inc. has a fifty-two week low of $75.42 and a fifty-two week high of $141.96.

CF Industries Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be paid a $0.60 dividend. The ex-dividend date is Friday, August 14th. This is a boost from CF Industries’s previous quarterly dividend of $0.50. This represents a $2.40 annualized dividend and a dividend yield of 1.9%. CF Industries’s dividend payout ratio is 17.97%.

Wall Street Analysts Forecast Growth

CF has been the subject of a number of research analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of CF Industries in a research report on Monday, June 29th. Morgan Stanley lowered their price target on CF Industries from $135.00 to $115.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 7th. Freedom Capital upgraded CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. The Goldman Sachs Group cut their price objective on CF Industries from $133.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, June 23rd. Finally, JPMorgan Chase & Co. increased their target price on CF Industries from $94.00 to $115.00 and gave the company a “neutral” rating in a research note on Wednesday, June 3rd. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, CF Industries has a consensus rating of “Hold” and an average price target of $116.69.

CF Industries 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.