CF Industries Holdings, Inc. $CF Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 3.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,458,907 shares of the basic materials company’s stock after acquiring an additional 146,682 shares during the quarter. Dimensional Fund Advisors LP’s holdings in CF Industries were worth $579,062,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. MUFG Securities EMEA plc acquired a new stake in shares of CF Industries during the second quarter worth $44,000. Hantz Financial Services Inc. increased its stake 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 in the last quarter. Eagle Bay Advisors LLC purchased a new position in CF Industries in the 4th quarter worth about $43,000. WPG Advisers LLC raised its holdings in CF Industries by 69.8% during the 4th quarter. WPG Advisers LLC now owns 552 shares of the basic materials company’s stock worth $43,000 after buying an additional 227 shares during the period. Finally, Summit Securities Group LLC lifted its stake in CF Industries by 149.1% during the first quarter. Summit Securities Group LLC now owns 578 shares of the basic materials company’s stock valued at $75,000 after buying an additional 346 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Stock Up 1.8%

Shares of CF Industries stock opened at $123.64 on Tuesday. The stock has a 50-day moving average price of $114.28 and a 200 day moving average price of $109.84. The company has a market cap of $18.99 billion, a P/E ratio of 11.11 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 1.9%. 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 Ratings Changes

Several brokerages have commented on CF. BMO Capital Markets decreased their target price on shares of CF Industries from $140.00 to $135.00 and set an “outperform” rating for the company in a report on Tuesday, June 30th. Wall Street Zen lowered shares of CF Industries from a “buy” rating to a “hold” rating in a report on Saturday. Barclays upped their price target on shares of CF Industries from $130.00 to $145.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Scotiabank raised shares of CF Industries from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the stock from $120.00 to $125.00 in a research note on Tuesday, June 30th. Finally, UBS Group lowered their price objective on shares of CF Industries from $140.00 to $130.00 in a research report on Friday, May 8th. 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 given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $116.62.

About CF Industries

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.