CF Industries Holdings, Inc. $CF Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 121.2% in the first quarter, Holdings Channel reports. The firm owned 1,047,210 shares of the basic materials company’s stock after purchasing an additional 573,812 shares during the period. Quantinno Capital Management LP’s holdings in CF Industries were worth $135,970,000 at the end of the most recent quarter.

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

CF Industries Stock Performance

Shares of CF opened at $119.78 on Tuesday. The firm has a market cap of $18.40 billion, a price-to-earnings ratio of 10.76 and a beta of 0.40. 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’s 50 day moving average is $114.14 and its two-hundred day moving average is $111.44. CF Industries Holdings, Inc. has a 52-week low of $75.42 and a 52-week high of $141.96.

CF Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be issued a $0.60 dividend. 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 presently 17.97%.

Wall Street Analysts Forecast Growth

CF has been the topic of a number of research reports. Barclays raised their target price on shares of CF Industries from $130.00 to $145.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. JPMorgan Chase & Co. increased their price target on CF Industries from $94.00 to $115.00 and gave the company a “neutral” rating in a report on Wednesday, June 3rd. Zacks Research lowered CF Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 15th. UBS Group reduced their price objective on CF Industries from $140.00 to $130.00 in a research note on Friday, May 8th. Finally, Morgan Stanley decreased their target price on CF Industries from $135.00 to $115.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 7th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $116.69.

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.