CF Industries Holdings, Inc. (NYSE:CF) Short Interest Update

CF Industries Holdings, Inc. (NYSE:CF) was the recipient of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 10,932,962 shares, a decrease of 15.1% from the January 15th total of 12,878,233 shares. Based on an average daily trading volume, of 2,313,875 shares, the days-to-cover ratio is currently 4.7 days. Currently, 7.1% of the shares of the stock are sold short. Currently, 7.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,313,875 shares, the days-to-cover ratio is currently 4.7 days.

CF Industries Stock Down 0.9%

CF stock traded down $0.82 during trading on Tuesday, hitting $93.84. 1,615,283 shares of the company’s stock traded hands, compared to its average volume of 1,963,737. The firm has a market capitalization of $14.64 billion, a P/E ratio of 11.31 and a beta of 0.70. CF Industries has a 1 year low of $67.34 and a 1 year high of $104.45. The company has a quick ratio of 1.99, a current ratio of 2.27 and a debt-to-equity ratio of 0.39. The business has a fifty day simple moving average of $85.33 and a two-hundred day simple moving average of $84.96.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, February 13th. CF Industries’s payout ratio is presently 24.10%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CF. The Goldman Sachs Group lowered their price target on CF Industries from $94.00 to $90.00 and set a “neutral” rating on the stock in a report on Tuesday, December 16th. Bank of America decreased their target price on shares of CF Industries from $83.00 to $78.00 and set an “underperform” rating on the stock in a research report on Thursday, January 8th. BNP Paribas Exane lifted their price objective on CF Industries from $80.00 to $90.00 and gave the stock a “neutral” rating in a report on Wednesday, January 21st. HSBC decreased their price target on CF Industries from $95.00 to $91.00 and set a “hold” rating on the stock in a research note on Monday, November 24th. Finally, Wells Fargo & Company assumed coverage on CF Industries in a research note on Tuesday, November 11th. They set an “overweight” rating and a $100.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, CF Industries currently has a consensus rating of “Hold” and a consensus target price of $88.14.

Hedge Funds Weigh In On CF Industries

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in shares of CF Industries in the 4th quarter valued at about $193,657,000. Dimensional Fund Advisors LP raised its stake in shares of CF Industries by 37.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,312,225 shares of the basic materials company’s stock worth $333,501,000 after acquiring an additional 1,178,516 shares in the last quarter. Worldquant Millennium Advisors LLC purchased a new stake in CF Industries during the second quarter valued at approximately $96,560,000. Arrowstreet Capital Limited Partnership boosted its stake in CF Industries by 926.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,118,446 shares of the basic materials company’s stock valued at $102,897,000 after acquiring an additional 1,009,455 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in CF Industries in the second quarter worth $63,104,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

About CF Industries

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.