Ninety One UK Ltd lifted its position in shares of CF Industries Holdings, Inc. (NYSE:CF – Free Report) by 2.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 584,662 shares of the basic materials company’s stock after acquiring an additional 11,377 shares during the period. Ninety One UK Ltd’s holdings in CF Industries were worth $68,376,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in CF. Annis Gardner Whiting Capital Advisors LLC boosted its stake in CF Industries by 3.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,360 shares of the basic materials company’s stock worth $306,000 after buying an additional 84 shares during the last quarter. Eley Financial Management Inc increased its stake in shares of CF Industries by 0.6% in the 1st quarter. Eley Financial Management Inc now owns 13,764 shares of the basic materials company’s stock worth $1,787,000 after acquiring an additional 87 shares during the last quarter. Personal CFO Solutions LLC increased its stake in shares of CF Industries by 1.1% in the 1st quarter. Personal CFO Solutions LLC now owns 8,176 shares of the basic materials company’s stock worth $1,062,000 after acquiring an additional 89 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of 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 worth $194,000 after acquiring an additional 97 shares during the last quarter. Finally, Altshuler Shaham Ltd raised its holdings in shares of CF Industries by 36.6% during 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. Institutional investors own 93.06% of the company’s stock.
CF Industries Trading Down 0.1%
NYSE CF traded down $0.13 during trading hours on Thursday, reaching $119.33. The company had a trading volume of 1,566,964 shares, compared to its average volume of 3,260,683. The stock has a 50-day moving average of $123.60 and a 200 day moving average of $120.42. CF Industries Holdings, Inc. has a 1-year low of $75.42 and a 1-year high of $141.96. The company has a current ratio of 4.86, a quick ratio of 4.32 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $18.06 billion, a P/E ratio of 8.88, a price-to-earnings-growth ratio of 0.23 and a beta of 0.53.
CF Industries Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 16th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Monday, November 16th. CF Industries’s dividend payout ratio is currently 17.79%.
Analyst Ratings Changes
CF has been the topic of several recent research reports. set a $115.00 price target on shares of CF Industries and gave the company a “sector perform” rating in a research report on Monday, October 5th. Freedom Broker downgraded shares of CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 26th. Wall Street Zen lowered shares of CF Industries from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. BMO Capital Markets decreased their target price on shares of CF Industries from $140.00 to $135.00 and set an “outperform” rating on the stock in a report on Tuesday, June 30th. Finally, Canadian Imperial Bank of Commerce reissued a “neutral” rating and issued a $129.00 price target on shares of CF Industries in a research note on Friday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, CF Industries currently has an average rating of “Hold” and a consensus price target of $121.11.
Get Our Latest Analysis on CF Industries
About CF Industries
CF Industries Holdings, Inc (NYSE: CF) is a major global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and specialty nitrogen products used in agriculture, industrial applications and emissions-control systems.
CF Industries operates a network of production facilities in the United States, Canada and the United Kingdom, serving agricultural and industrial customers in North America and international markets.
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