CF Industries Holdings, Inc. $CF Shares Purchased by Impax Asset Management Group plc

Impax Asset Management Group plc boosted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 52.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 15,055 shares of the basic materials company’s stock after acquiring an additional 5,162 shares during the period. Impax Asset Management Group plc’s holdings in CF Industries were worth $1,350,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new stake in CF Industries in the second quarter valued at approximately $129,574,000. Worldquant Millennium Advisors LLC purchased a new stake in shares of CF Industries in the 2nd quarter valued at approximately $96,560,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of CF Industries by 926.2% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,118,446 shares of the basic materials company’s stock valued at $102,897,000 after purchasing an additional 1,009,455 shares in the last quarter. Allianz Asset Management GmbH raised its holdings in shares of CF Industries by 72.1% in the 2nd quarter. Allianz Asset Management GmbH now owns 1,728,927 shares of the basic materials company’s stock valued at $159,061,000 after purchasing an additional 724,329 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of CF Industries during the 2nd quarter worth $63,104,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Stock Up 0.7%

CF stock opened at $97.00 on Thursday. The company has a market cap of $15.13 billion, a price-to-earnings ratio of 11.69 and a beta of 0.70. The company has a fifty day moving average price of $84.03 and a 200 day moving average price of $84.98. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.27 and a quick ratio of 1.99. CF Industries Holdings, Inc. has a 12 month low of $67.34 and a 12 month high of $104.45.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.1%. CF Industries’s dividend payout ratio (DPR) is currently 24.10%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Bank of America cut their price target on CF Industries from $83.00 to $78.00 and set an “underperform” rating on the stock in a research note on Thursday, January 8th. Mizuho cut their target price on CF Industries from $92.00 to $88.00 and set a “neutral” rating on the stock in a research report on Thursday, December 18th. HSBC decreased their target price on CF Industries from $95.00 to $91.00 and set a “hold” rating for the company in a research note on Monday, November 24th. The Goldman Sachs Group dropped their price target on shares of CF Industries from $94.00 to $90.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 16th. Finally, Scotiabank reduced their price objective on shares of CF Industries from $90.00 to $82.00 and set a “sector perform” rating for the company in a research report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $88.14.

CF Industries Company 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.