4,813 Shares in CF Industries Holdings, Inc. $CF Purchased by Balefire LLC

Balefire LLC acquired a new stake in CF Industries Holdings, Inc. (NYSE:CF) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 4,813 shares of the basic materials company’s stock, valued at approximately $625,000.

Several other hedge funds also recently made changes to their positions in the business. KBC Group NV lifted 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 valued at $90,501,000 after acquiring an additional 248,020 shares during the period. BDF Gestion acquired a new stake in CF Industries in the fourth quarter worth $1,779,000. Polianta Ltd bought a new stake in CF Industries in the fourth quarter valued at $1,484,000. Cambiar Investors LLC bought a new stake in CF Industries in the fourth quarter valued at $4,166,000. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of CF Industries during the fourth quarter valued at about $11,556,000. 93.06% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. HSBC dropped their price target on CF Industries from $130.00 to $121.00 in a research note on Wednesday, June 17th. Morgan Stanley decreased their price objective on CF Industries from $135.00 to $115.00 and set an “equal weight” rating for the company in a report on Tuesday, July 7th. Freedom Capital raised CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. Canadian Imperial Bank of Commerce increased their target price on CF Industries from $118.00 to $128.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. lifted their price target on shares of CF Industries from $94.00 to $115.00 and gave the company a “neutral” rating in a research report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $116.62.

CF Industries Stock Performance

NYSE CF opened at $123.64 on Tuesday. The company has a fifty day moving average price of $114.28 and a 200-day moving average price of $109.84. The firm has a market cap of $18.99 billion, a price-to-earnings ratio of 11.11 and a beta of 0.40. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.54 and a quick ratio of 3.15. CF Industries Holdings, Inc. has a 1 year low of $75.42 and a 1 year high of $141.96.

CF Industries Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be issued a $0.60 dividend. This is a boost from CF Industries’s previous quarterly dividend of $0.50. This represents a $2.40 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, August 14th. CF Industries’s dividend payout ratio is currently 17.97%.

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.