Barings LLC Grows Stock Holdings in CF Industries Holdings, Inc. $CF

Barings LLC lifted its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 37.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,560 shares of the basic materials company’s stock after acquiring an additional 16,886 shares during the period. Barings LLC’s holdings in CF Industries were worth $8,123,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in CF. Personal CFO Solutions LLC lifted its holdings in shares of CF Industries by 1.1% during 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 acquiring an additional 89 shares in the last quarter. Lakewood Asset Management LLC increased its holdings 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 valued at $957,000 after purchasing an additional 111 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in CF Industries by 5.2% in the 4th quarter. Farther Finance Advisors LLC now owns 2,365 shares of the basic materials company’s stock valued at $183,000 after purchasing an additional 116 shares in the last quarter. Root Financial Partners LLC increased its holdings in CF Industries by 23.3% in the 1st quarter. Root Financial Partners LLC now owns 614 shares of the basic materials company’s stock valued at $80,000 after purchasing an additional 116 shares in the last quarter. Finally, Blair William & Co. IL raised its position in CF Industries by 0.7% in the fourth quarter. Blair William & Co. IL now owns 17,528 shares of the basic materials company’s stock valued at $1,356,000 after purchasing an additional 116 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Trading Up 0.9%

NYSE:CF opened at $118.84 on Friday. The stock has a market cap of $18.26 billion, a price-to-earnings ratio of 10.68 and a beta of 0.40. CF Industries Holdings, Inc. has a one year low of $75.42 and a one year high of $141.96. 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 business’s 50-day simple moving average is $114.17 and its 200 day simple moving average is $109.20.

CF Industries Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, August 14th. This is a positive change from CF Industries’s previous quarterly dividend of $0.50. CF Industries’s dividend payout ratio is currently 17.97%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Bank of America boosted their price objective on CF Industries from $103.00 to $106.00 in a research note on Thursday, May 14th. UBS Group dropped their target price on CF Industries from $140.00 to $130.00 in a report on Friday, May 8th. Scotiabank upgraded CF Industries from a “sector perform” rating to a “sector outperform” rating and raised their target price for the company from $120.00 to $125.00 in a report on Tuesday, June 30th. BNP Paribas Exane reduced their price target on CF Industries from $140.00 to $120.00 and set a “neutral” rating on the stock in a research report on Monday, June 15th. Finally, Mizuho upped their price target on CF Industries from $100.00 to $105.00 and gave the stock an “underperform” rating in a report on Tuesday, March 31st. 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. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $117.25.

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.