Pacer Advisors Inc. Purchases 143,418 Shares of CF Industries Holdings, Inc. $CF

Pacer Advisors Inc. lifted its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 13.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,183,778 shares of the basic materials company’s stock after purchasing an additional 143,418 shares during the quarter. Pacer Advisors Inc.’s holdings in CF Industries were worth $153,702,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of CF Industries by 3.1% in the first 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 buying an additional 518 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of CF Industries by 161.1% during the first quarter. Jones Financial Companies Lllp now owns 11,870 shares of the basic materials company’s stock worth $928,000 after acquiring an additional 7,324 shares in the last quarter. Woodline Partners LP raised its holdings in shares of CF Industries by 40.7% in the 1st quarter. Woodline Partners LP now owns 14,703 shares of the basic materials company’s stock worth $1,149,000 after acquiring an additional 4,252 shares during the last quarter. Focus Partners Wealth raised its holdings in shares of CF Industries by 21.8% in the 1st quarter. Focus Partners Wealth now owns 3,558 shares of the basic materials company’s stock worth $278,000 after acquiring an additional 638 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in CF Industries by 141.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 790 shares of the basic materials company’s stock valued at $62,000 after acquiring an additional 463 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors.

CF Industries Stock Down 0.1%

CF Industries stock opened at $125.06 on Monday. CF Industries Holdings, Inc. has a twelve month low of $75.42 and a twelve month high of $141.96. The firm has a 50 day moving average price of $114.27 and a 200-day moving average price of $112.70. The company has a market capitalization of $19.21 billion, a P/E ratio of 11.24 and a beta of 0.39. The company has a quick ratio of 3.15, a current ratio of 3.54 and a debt-to-equity ratio of 0.39.

CF Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be paid a $0.60 dividend. The ex-dividend date is Friday, August 14th. This is a positive change from CF Industries’s previous quarterly dividend of $0.50. This represents a $2.40 annualized dividend and a yield of 1.9%. CF Industries’s dividend payout ratio (DPR) is currently 17.97%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on CF shares. BNP Paribas Exane cut their price target on CF Industries from $140.00 to $120.00 and set a “neutral” rating for the company in a research note on Monday, June 15th. HSBC lowered their price objective on CF Industries from $130.00 to $121.00 in a research note on Wednesday, June 17th. Scotiabank upgraded CF Industries from a “sector perform” rating to a “sector outperform” rating and raised their target price for the company from $120.00 to $125.00 in a report on Tuesday, June 30th. JPMorgan Chase & Co. lifted their target price on CF Industries from $94.00 to $115.00 and gave the company a “neutral” rating in a research report on Wednesday, June 3rd. Finally, Zacks Research downgraded CF Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, CF Industries currently has a consensus rating of “Hold” and a consensus price target of $116.69.

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.