CF Industries Holdings, Inc. $CF Shares Sold by Entropy Technologies LP

Entropy Technologies LP decreased its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 73.6% in the 1st quarter, HoldingsChannel reports. The firm owned 7,532 shares of the basic materials company’s stock after selling 21,046 shares during the quarter. Entropy Technologies LP’s holdings in CF Industries were worth $978,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. KBC Group NV raised its position in shares of CF Industries by 26.9% during the 4th 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 in the last quarter. Cambiar Investors LLC bought a new position in shares of CF Industries in the fourth quarter valued at approximately $4,166,000. Polianta Ltd bought a new position in shares of CF Industries in the fourth quarter valued at approximately $1,484,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in shares of CF Industries during the fourth quarter valued at approximately $300,000. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in CF Industries during the fourth quarter worth approximately $11,556,000. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Stock Up 2.8%

CF stock opened at $123.09 on Wednesday. The firm has a market cap of $18.91 billion, a PE ratio of 11.06 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. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.54 and a quick ratio of 3.15. The firm has a 50 day simple moving average of $114.05 and a 200 day simple moving average of $111.77.

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 a boost from CF Industries’s previous quarterly dividend of $0.50. 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%. CF Industries’s payout ratio is currently 17.97%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of CF Industries in a research note on Monday, June 29th. Morgan Stanley dropped their price objective on CF Industries from $135.00 to $115.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 7th. Wall Street Zen lowered CF Industries from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. HSBC decreased their target price on CF Industries from $130.00 to $121.00 in a research note on Wednesday, June 17th. Finally, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating and set a $129.00 target price on shares of CF Industries in a report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $116.69.

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.