CF Industries Holdings, Inc. $CF Shares Purchased by Denali Advisors LLC

Denali Advisors LLC boosted its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 248.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,420 shares of the basic materials company’s stock after purchasing an additional 6,005 shares during the period. Denali Advisors LLC’s holdings in CF Industries were worth $755,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Tobam purchased a new stake in shares of CF Industries during the 3rd quarter valued at approximately $640,000. HighTower Advisors LLC increased its stake in CF Industries by 5.4% during the third quarter. HighTower Advisors LLC now owns 18,576 shares of the basic materials company’s stock worth $1,666,000 after acquiring an additional 948 shares during the last quarter. Metis Global Partners LLC raised its position in CF Industries by 15.9% in the third quarter. Metis Global Partners LLC now owns 24,161 shares of the basic materials company’s stock valued at $2,167,000 after purchasing an additional 3,322 shares during the period. Abich Financial Wealth Management LLC acquired a new position in shares of CF Industries in the 3rd quarter valued at $62,000. Finally, Assetmark Inc. grew its holdings in shares of CF Industries by 878.2% during the 3rd quarter. Assetmark Inc. now owns 17,941 shares of the basic materials company’s stock worth $1,609,000 after purchasing an additional 16,107 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on CF shares. Wells Fargo & Company began coverage on shares of CF Industries in a report on Tuesday, November 11th. They issued an “overweight” rating and a $100.00 price objective on the stock. Rothschild & Co Redburn set a $72.00 price objective on shares of CF Industries in a report on Wednesday, February 4th. Mizuho dropped their target price on shares of CF Industries from $92.00 to $88.00 and set a “neutral” rating for the company in a report on Thursday, December 18th. Bank of America decreased their price target on CF Industries from $83.00 to $78.00 and set an “underperform” rating on the stock in a research note on Thursday, January 8th. Finally, Wolfe Research raised CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. One research 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $88.14.

CF Industries Trading Up 0.5%

NYSE:CF opened at $94.63 on Tuesday. CF Industries Holdings, Inc. has a 12-month low of $67.34 and a 12-month high of $104.45. The firm has a market cap of $14.76 billion, a PE ratio of 11.40 and a beta of 0.70. The company has a current ratio of 2.27, a quick ratio of 1.99 and a debt-to-equity ratio of 0.39. The stock has a fifty day moving average price of $84.99 and a 200 day moving average price of $84.95.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be issued a $0.50 dividend. The ex-dividend date of this dividend 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%.

About CF Industries

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.