Swiss National Bank Grows Stock Position in CF Industries Holdings, Inc. $CF

Swiss National Bank increased its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 3.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 457,800 shares of the basic materials company’s stock after purchasing an additional 14,000 shares during the quarter. Swiss National Bank’s holdings in CF Industries were worth $59,441,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC raised its position in CF Industries by 3.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,360 shares of the basic materials company’s stock valued at $306,000 after purchasing an additional 84 shares in the last quarter. Personal CFO Solutions LLC increased its stake in shares of CF Industries by 1.1% during the first quarter. Personal CFO Solutions LLC now owns 8,176 shares of the basic materials company’s stock worth $1,062,000 after buying an additional 89 shares during the period. Lakewood Asset Management LLC raised its holdings in CF Industries by 0.9% in the fourth quarter. Lakewood Asset Management LLC now owns 12,371 shares of the basic materials company’s stock valued at $957,000 after acquiring an additional 111 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in CF Industries by 5.2% in the fourth quarter. Farther Finance Advisors LLC now owns 2,365 shares of the basic materials company’s stock valued at $183,000 after acquiring an additional 116 shares in the last quarter. Finally, Root Financial Partners LLC lifted its stake in CF Industries by 23.3% in the first quarter. Root Financial Partners LLC now owns 614 shares of the basic materials company’s stock worth $80,000 after acquiring an additional 116 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Analyst Ratings Changes

CF has been the subject of several analyst reports. Morgan Stanley lowered their price target on shares of CF Industries from $135.00 to $115.00 and set an “equal weight” rating for the company in a report on Tuesday, July 7th. HSBC lowered their target price on shares of CF Industries from $130.00 to $121.00 in a research note on Wednesday, June 17th. Bank of America raised their price target on CF Industries from $103.00 to $106.00 in a research note on Thursday, May 14th. Canadian Imperial Bank of Commerce increased their price objective on CF Industries from $118.00 to $128.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. boosted their target price on CF Industries from $94.00 to $115.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 3rd. Two investment 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $116.62.

CF Industries Stock Down 0.4%

CF stock opened at $123.07 on Wednesday. CF Industries Holdings, Inc. has a one year low of $75.42 and a one year high of $141.96. The stock has a market capitalization of $18.91 billion, a PE ratio of 11.06 and a beta of 0.40. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.15 and a current ratio of 3.54. The company has a fifty day moving average of $114.13 and a 200-day moving average of $110.16.

CF Industries Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be issued a dividend of $0.60 per share. This is an increase from CF Industries’s previous quarterly dividend of $0.50. This represents a $2.40 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Friday, August 14th. CF Industries’s dividend payout ratio is currently 21.56%.

CF Industries 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.