Ossiam increased its position in shares of CF Industries Holdings, Inc. (NYSE:CF – Free Report) by 303.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,742 shares of the basic materials company’s stock after purchasing an additional 7,328 shares during the period. Ossiam’s holdings in CF Industries were worth $896,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Trust Co. of Toledo NA OH acquired a new position in shares of CF Industries during the 2nd quarter worth about $26,000. Zions Bancorporation National Association UT purchased a new stake in CF Industries during the first quarter worth approximately $27,000. Allworth Financial LP lifted its stake in CF Industries by 123.0% during the second quarter. Allworth Financial LP now owns 611 shares of the basic materials company’s stock worth $56,000 after purchasing an additional 337 shares during the last quarter. Summit Securities Group LLC acquired a new position in CF Industries in the first quarter valued at approximately $50,000. Finally, Geneos Wealth Management Inc. increased its stake in CF Industries by 141.6% in the first quarter. Geneos Wealth Management Inc. now owns 790 shares of the basic materials company’s stock valued at $62,000 after purchasing an additional 463 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.
CF Industries Price Performance
Shares of CF opened at $76.13 on Thursday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.99 and a current ratio of 2.27. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $104.45. The firm has a 50-day simple moving average of $83.19 and a 200-day simple moving average of $87.98. The company has a market capitalization of $11.87 billion, a price-to-earnings ratio of 9.17 and a beta of 0.68.
CF Industries Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 14th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Friday, November 14th. CF Industries’s dividend payout ratio is 24.10%.
Wall Street Analysts Forecast Growth
CF has been the subject of several recent analyst reports. Zacks Research downgraded shares of CF Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Bank of America lifted their price target on shares of CF Industries from $82.00 to $83.00 and gave the stock an “underperform” rating in a research note on Tuesday, October 14th. Rothschild & Co Redburn upped their price objective on shares of CF Industries from $78.00 to $86.00 in a research note on Monday, November 10th. HSBC cut their target price on CF Industries from $95.00 to $91.00 and set a “hold” rating on the stock in a research report on Monday, November 24th. Finally, Mizuho decreased their target price on CF Industries from $100.00 to $92.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $93.56.
View Our Latest Stock Analysis on CF
About CF Industries
CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.
Recommended Stories
- Five stocks we like better than CF Industries
- The Most Important Warren Buffett Stock for Investors: His Own
- Market Momentum: 3 Stocks Poised for Major Breakouts
- Manufacturing Stocks Investing
- 3 Reasons Casey’s General Stores Will Continue Trending Higher
- What is the MACD Indicator and How to Use it in Your Trading
- Golden Cross Alert: 3 Stocks With Major Upside Potential
Want to see what other hedge funds are holding CF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CF Industries Holdings, Inc. (NYSE:CF – Free Report).
Receive News & Ratings for CF Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Industries and related companies with MarketBeat.com's FREE daily email newsletter.
