Wills Financial Group LLC Decreases Stake in CF Industries Holdings, Inc. $CF

Wills Financial Group LLC reduced its position in CF Industries Holdings, Inc. (NYSE:CF) by 17.2% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 33,509 shares of the basic materials company’s stock after selling 6,950 shares during the period. CF Industries accounts for approximately 1.7% of Wills Financial Group LLC’s portfolio, making the stock its 21st largest holding. Wills Financial Group LLC’s holdings in CF Industries were worth $4,205,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Himension Capital Singapore PTE. LTD. purchased a new stake in shares of CF Industries during the 1st quarter valued at approximately $25,000. Hantz Financial Services Inc. boosted its holdings 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 buying an additional 156 shares during the period. Eagle Bay Advisors LLC purchased a new position in CF Industries in the 4th quarter valued at approximately $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 valued at $43,000 after acquiring an additional 227 shares during the period. Finally, MUFG Securities EMEA plc purchased a new stake in shares of CF Industries during the second quarter worth $44,000. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Stock Down 0.4%

Shares of NYSE CF opened at $126.82 on Friday. The company has a current ratio of 3.54, a quick ratio of 3.15 and a debt-to-equity ratio of 0.39. The business has a 50-day moving average of $114.25 and a 200-day moving average of $110.84. The firm has a market capitalization of $19.48 billion, a price-to-earnings ratio of 11.39 and a beta of 0.40. CF Industries Holdings, Inc. has a 12 month low of $75.42 and a 12 month high of $141.96.

CF Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be given a dividend of $0.60 per share. This is an increase from CF Industries’s previous quarterly dividend of $0.50. The ex-dividend date is Friday, August 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.9%. CF Industries’s dividend payout ratio is 17.97%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. BMO Capital Markets decreased their price objective on CF Industries from $140.00 to $135.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 30th. UBS Group decreased their price target on CF Industries from $140.00 to $130.00 in a research report on Friday, May 8th. Scotiabank upgraded shares of CF Industries from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the company from $120.00 to $125.00 in a research report on Tuesday, June 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of CF Industries in a research note on Monday, June 29th. Finally, Canadian Imperial Bank of Commerce increased their target price on shares of CF Industries from $118.00 to $128.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Two research 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, the stock currently has a consensus rating of “Hold” and an average 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.