Compound Planning Inc. Buys New Shares in CF Industries Holdings, Inc. $CF

Compound Planning Inc. bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,305 shares of the basic materials company’s stock, valued at approximately $819,000.

Several other hedge funds have also recently added to or reduced their stakes in CF. Norges Bank bought a new stake in shares of CF Industries during the 4th quarter worth $193,657,000. Dimensional Fund Advisors LP raised its position in shares of CF Industries by 37.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,312,225 shares of the basic materials company’s stock worth $333,501,000 after purchasing an additional 1,178,516 shares during the period. Worldquant Millennium Advisors LLC acquired a new stake in shares of CF Industries during the second quarter worth $96,560,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of CF Industries by 203.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,088,286 shares of the basic materials company’s stock valued at $141,303,000 after purchasing an additional 729,921 shares during the last quarter. Finally, Caisse de depot et placement du Quebec lifted its holdings in shares of CF Industries by 52.4% during the third quarter. Caisse de depot et placement du Quebec now owns 1,775,106 shares of the basic materials company’s stock valued at $159,227,000 after purchasing an additional 610,259 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Trading Down 4.2%

NYSE CF opened at $119.78 on Tuesday. CF Industries Holdings, Inc. has a 1-year low of $75.42 and a 1-year high of $141.96. The company has a current ratio of 3.54, a quick ratio of 3.15 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $18.40 billion, a PE ratio of 10.76 and a beta of 0.40. The firm’s fifty day simple moving average is $114.14 and its 200-day simple moving average is $111.44.

CF Industries Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Friday, August 14th. This is an increase from CF Industries’s previous quarterly dividend of $0.50. CF Industries’s payout ratio is currently 17.97%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Bank of America lifted their price target on CF Industries from $103.00 to $106.00 in a research note on Thursday, May 14th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating and issued a $129.00 target price on shares of CF Industries in a report on Friday. Wall Street Zen downgraded shares of CF Industries from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Zacks Research lowered shares of CF Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Finally, UBS Group cut their price target on shares of CF Industries from $140.00 to $130.00 in a report on Friday, May 8th. 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, the stock currently has an average rating of “Hold” and an average price target 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.