Shell Asset Management Co. Has $629,000 Position in CF Industries Holdings, Inc. $CF

Shell Asset Management Co. lessened its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 69.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 7,007 shares of the basic materials company’s stock after selling 15,728 shares during the quarter. Shell Asset Management Co.’s holdings in CF Industries were worth $629,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of CF Industries by 3.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,500 shares of the basic materials company’s stock valued at $1,368,000 after purchasing an additional 518 shares during the period. Jones Financial Companies Lllp boosted its stake in CF Industries by 161.1% in the 1st quarter. Jones Financial Companies Lllp now owns 11,870 shares of the basic materials company’s stock valued at $928,000 after buying an additional 7,324 shares in the last quarter. Woodline Partners LP boosted its stake in CF Industries by 40.7% in the 1st quarter. Woodline Partners LP now owns 14,703 shares of the basic materials company’s stock valued at $1,149,000 after buying an additional 4,252 shares in the last quarter. Focus Partners Wealth grew its position in CF Industries by 21.8% in the first quarter. Focus Partners Wealth now owns 3,558 shares of the basic materials company’s stock valued at $278,000 after acquiring an additional 638 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake in CF Industries by 141.6% during the first quarter. Geneos Wealth Management Inc. now owns 790 shares of the basic materials company’s stock worth $62,000 after acquiring an additional 463 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries Price Performance

Shares of CF stock opened at $94.63 on Tuesday. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $104.45. The stock has a market cap of $14.76 billion, a PE ratio of 11.40 and a beta of 0.70. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.99 and a current ratio of 2.27. The firm’s 50 day moving average price is $84.99 and its two-hundred day moving average price is $84.95.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be issued a $0.50 dividend. The ex-dividend date is Friday, February 13th. This represents a $2.00 annualized dividend and a yield of 2.1%. CF Industries’s dividend payout ratio (DPR) is 24.10%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Canadian Imperial Bank of Commerce raised shares of CF Industries to a “hold” rating in a research note on Tuesday, December 2nd. Wolfe Research raised CF Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Rothschild & Co Redburn set a $72.00 price target on CF Industries in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CF Industries in a report on Monday, December 29th. Finally, BNP Paribas Exane boosted their price objective on CF Industries from $80.00 to $90.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, CF Industries currently has an average rating of “Hold” and a consensus target price of $88.14.

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.