FDx Advisors Inc. Has $1.75 Million Holdings in CF Industries Holdings, Inc. (CF)
FDx Advisors Inc. lowered its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 16.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 41,203 shares of the basic materials company’s stock after selling 7,880 shares during the period. FDx Advisors Inc.’s holdings in CF Industries were worth $1,753,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Saratoga Research & Investment Management acquired a new position in CF Industries during the 3rd quarter valued at about $108,000. Tower Research Capital LLC TRC lifted its position in shares of CF Industries by 451.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,157 shares of the basic materials company’s stock worth $134,000 after buying an additional 2,585 shares in the last quarter. Delphi Private Advisors LLC bought a new position in shares of CF Industries during the 4th quarter worth approximately $144,000. Stuart Chaussee & Associates Inc. bought a new position in shares of CF Industries during the 4th quarter worth approximately $144,000. Finally, First Allied Advisory Services Inc. bought a new position in shares of CF Industries during the 4th quarter worth approximately $210,000.
Shares of CF Industries Holdings, Inc. (CF) opened at $44.12 on Friday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.05 and a current ratio of 2.53. CF Industries Holdings, Inc. has a 1-year low of $25.04 and a 1-year high of $44.20.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 28th. Investors of record on Friday, February 16th will be issued a $0.30 dividend. The ex-dividend date is Thursday, February 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.72%. CF Industries’s dividend payout ratio (DPR) is presently 78.95%.
Several research firms have commented on CF. Royal Bank of Canada set a $37.00 target price on shares of CF Industries and gave the stock a “sell” rating in a research report on Thursday, February 15th. Cowen reissued a “market perform” rating and set a $40.00 target price (up previously from $33.00) on shares of CF Industries in a research report on Tuesday, February 20th. Scotiabank set a $35.00 target price on shares of CF Industries and gave the stock a “hold” rating in a research report on Thursday, February 15th. Stephens set a $43.00 target price on shares of CF Industries and gave the stock a “hold” rating in a research report on Thursday. Finally, Piper Jaffray Companies set a $44.00 target price on shares of CF Industries and gave the stock a “hold” rating in a research report on Thursday, February 15th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. CF Industries presently has a consensus rating of “Hold” and a consensus target price of $38.02.
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CF Industries Profile
CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizer, and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).
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