Amundi Decreases Position in CF Industries Holdings, Inc. $CF

Amundi decreased its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 10.7% in the first quarter, Holdings Channel reports. The firm owned 902,290 shares of the basic materials company’s stock after selling 108,266 shares during the period. Amundi’s holdings in CF Industries were worth $117,155,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of 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 valued at $306,000 after acquiring an additional 84 shares in the last quarter. Personal CFO Solutions LLC raised its position 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 valued at $1,062,000 after purchasing an additional 89 shares during the last quarter. EverSource Wealth Advisors LLC boosted 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 worth $194,000 after purchasing an additional 97 shares in the last quarter. Lakewood Asset Management LLC boosted 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 worth $957,000 after purchasing an additional 111 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in CF Industries by 5.2% during the 4th quarter. Farther Finance Advisors LLC now owns 2,365 shares of the basic materials company’s stock worth $183,000 after purchasing an additional 116 shares during the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Price Performance

Shares of NYSE:CF opened at $125.06 on Friday. CF Industries Holdings, Inc. has a twelve month low of $75.42 and a twelve month high of $141.96. The company has a current ratio of 3.54, a quick ratio of 3.15 and a debt-to-equity ratio of 0.39. The company has a market cap of $19.21 billion, a PE ratio of 11.24 and a beta of 0.40. The company’s 50 day moving average is $114.27 and its 200 day moving average is $112.48.

CF Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be paid a $0.60 dividend. The ex-dividend date is Friday, August 14th. This is an increase from CF Industries’s previous quarterly dividend of $0.50. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. CF Industries’s dividend payout ratio (DPR) is currently 17.97%.

Analyst Ratings Changes

A number of research firms have issued reports on CF. Scotiabank raised shares of CF Industries from a “sector perform” rating to a “sector outperform” rating and raised their price target for the stock from $120.00 to $125.00 in a report on Tuesday, June 30th. Bank of America boosted their price objective on shares of CF Industries from $103.00 to $106.00 in a report on Thursday, May 14th. Freedom Capital raised CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. Canadian Imperial Bank of Commerce restated a “neutral” rating and issued a $129.00 target price on shares of CF Industries in a research note on Friday, July 24th. Finally, BMO Capital Markets lowered their price target on CF Industries from $140.00 to $135.00 and set an “outperform” rating for the company in a research report on Tuesday, June 30th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $116.69.

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.