Bridgewater Associates LP Has $1.81 Million Position in CF Industries Holdings, Inc. (NYSE:CF)

Bridgewater Associates LP lifted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 499.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 21,194 shares of the basic materials company’s stock after acquiring an additional 17,657 shares during the period. Bridgewater Associates LP’s holdings in CF Industries were worth $1,808,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in CF. Barclays PLC grew its position in CF Industries by 68.9% in the third quarter. Barclays PLC now owns 737,352 shares of the basic materials company’s stock valued at $63,263,000 after acquiring an additional 300,873 shares during the period. Pine Valley Investments Ltd Liability Co grew its holdings in shares of CF Industries by 8.7% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 28,364 shares of the basic materials company’s stock worth $2,434,000 after purchasing an additional 2,270 shares during the last quarter. Sanctuary Advisors LLC increased its position in shares of CF Industries by 4.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 16,939 shares of the basic materials company’s stock worth $1,521,000 after purchasing an additional 731 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in CF Industries during the 3rd quarter valued at about $993,000. Finally, Tidal Investments LLC boosted its position in CF Industries by 94.7% in the third quarter. Tidal Investments LLC now owns 40,616 shares of the basic materials company’s stock valued at $3,485,000 after buying an additional 19,760 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CF has been the topic of several recent analyst reports. Oppenheimer reduced their target price on CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a report on Tuesday, January 28th. Piper Sandler increased their target price on CF Industries from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, January 27th. Royal Bank of Canada cut their price target on CF Industries from $100.00 to $90.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. The Goldman Sachs Group assumed coverage on shares of CF Industries in a research note on Thursday, March 13th. They issued a “neutral” rating and a $86.00 target price for the company. Finally, Morgan Stanley decreased their price target on shares of CF Industries from $85.00 to $80.00 and set an “equal weight” rating on the stock in a research note on Friday, April 11th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $89.86.

CF Industries Stock Up 1.1 %

Shares of NYSE CF opened at $74.90 on Friday. The firm has a 50 day moving average price of $76.71 and a 200 day moving average price of $84.01. The stock has a market cap of $12.70 billion, a P/E ratio of 11.06, a P/E/G ratio of 0.37 and a beta of 0.84. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $98.25. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The firm had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a dividend of $0.50 per share. The ex-dividend date was Friday, February 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.67%. CF Industries’s payout ratio is 29.54%.

About CF Industries

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.