CF Industries Holdings, Inc. $CF Shares Sold by Edgestream Partners L.P.

Edgestream Partners L.P. trimmed its stake in CF Industries Holdings, Inc. (NYSE:CF) by 50.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 5,101 shares of the basic materials company’s stock after selling 5,258 shares during the quarter. Edgestream Partners L.P.’s holdings in CF Industries were worth $662,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Himension Capital Singapore PTE. LTD. bought a new position in shares of CF Industries during the first quarter worth about $25,000. Hantz Financial Services Inc. grew its position in CF Industries by 46.3% in the 4th quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 156 shares during the last quarter. Eagle Bay Advisors LLC acquired a new stake in shares of CF Industries in the fourth quarter valued at approximately $43,000. WPG Advisers LLC raised its holdings in shares of CF Industries by 69.8% during the fourth quarter. WPG Advisers LLC now owns 552 shares of the basic materials company’s stock valued at $43,000 after buying an additional 227 shares during the last quarter. Finally, MUFG Securities EMEA plc bought a new stake in shares of CF Industries during the second quarter valued at approximately $44,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on CF. Canadian Imperial Bank of Commerce reiterated a “neutral” rating and set a $129.00 price target on shares of CF Industries in a research report on Friday, July 24th. Weiss Ratings reissued a “buy (b)” rating on shares of CF Industries in a report on Monday, June 29th. The Goldman Sachs Group reduced their price objective on shares of CF Industries from $133.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday, June 23rd. Zacks Research cut shares of CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Finally, Wall Street Zen downgraded shares of CF Industries from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $116.69.

CF Industries Stock Performance

CF opened at $118.13 on Wednesday. The firm has a market cap of $18.15 billion, a PE ratio of 10.61 and a beta of 0.39. The company has a quick ratio of 3.15, a current ratio of 3.54 and a debt-to-equity ratio of 0.39. The business has a fifty day simple moving average of $114.17 and a 200-day simple moving average of $113.19. 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 firm also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.0%. This is a boost from CF Industries’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Friday, August 14th. CF Industries’s payout ratio is 17.97%.

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.