Aware Super Pty Ltd as trustee of Aware Super Buys Shares of 63,670 CF Industries Holdings, Inc. $CF

Aware Super Pty Ltd as trustee of Aware Super bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) during the first quarter, Holdings Channel reports. The institutional investor bought 63,670 shares of the basic materials company’s stock, valued at approximately $8,267,000.

A number of other large investors also recently modified their holdings of the business. KBC Group NV increased its position in CF Industries by 26.9% in the fourth quarter. KBC Group NV now owns 1,170,171 shares of the basic materials company’s stock worth $90,501,000 after buying an additional 248,020 shares during the period. AIA Group Ltd acquired a new position in shares of CF Industries during the third quarter valued at $376,000. BDF Gestion bought a new position in shares of CF Industries during the fourth quarter worth about $1,779,000. Polianta Ltd acquired a new stake in shares of CF Industries in the 4th quarter worth about $1,484,000. Finally, Cambiar Investors LLC acquired a new stake in shares of CF Industries in the 4th quarter worth about $4,166,000. 93.06% of the stock is currently owned by institutional investors.

CF Industries Stock Up 2.1%

NYSE:CF opened at $121.17 on Friday. The business’s fifty day moving average price is $114.30 and its 200 day moving average price is $109.29. The firm has a market capitalization of $18.62 billion, a price-to-earnings ratio of 10.89 and a beta of 0.40. The company has a current ratio of 3.54, a quick ratio of 3.15 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 1-year low of $75.42 and a 1-year 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 issued a $0.60 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.0%. 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%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CF. BMO Capital Markets reduced their target price on shares of CF Industries from $140.00 to $135.00 and set an “outperform” rating for the company in a research note on Tuesday, June 30th. Freedom Capital upgraded shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. Berenberg Bank lifted their price target on CF Industries from $86.00 to $106.00 and gave the company a “hold” rating in a report on Thursday, May 28th. Barclays boosted their price objective on CF Industries from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Finally, Zacks Research lowered CF Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, CF Industries has a consensus rating of “Hold” and a consensus price target of $116.62.

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.