ProShare Advisors LLC Buys 5,457 Shares of CF Industries Holdings, Inc. $CF

ProShare Advisors LLC raised its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 15.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,787 shares of the basic materials company’s stock after buying an additional 5,457 shares during the quarter. ProShare Advisors LLC’s holdings in CF Industries were worth $3,748,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in CF Industries by 3.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,500 shares of the basic materials company’s stock worth $1,368,000 after purchasing an additional 518 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in CF Industries by 161.1% in the first quarter. Jones Financial Companies Lllp now owns 11,870 shares of the basic materials company’s stock worth $928,000 after buying an additional 7,324 shares during the last quarter. Woodline Partners LP grew its holdings in shares of CF Industries by 40.7% during the first quarter. Woodline Partners LP now owns 14,703 shares of the basic materials company’s stock valued at $1,149,000 after buying an additional 4,252 shares during the last quarter. Focus Partners Wealth increased its position in shares of CF Industries by 21.8% during the first quarter. Focus Partners Wealth now owns 3,558 shares of the basic materials company’s stock valued at $278,000 after acquiring an additional 638 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings 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 worth $62,000 after acquiring an additional 463 shares during the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Trading Up 0.5%

Shares of NYSE:CF opened at $94.63 on Friday. The stock’s 50-day simple moving average is $84.64 and its two-hundred day simple moving average is $85.06. The stock has a market capitalization of $14.76 billion, a price-to-earnings ratio of 11.40 and a beta of 0.70. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $104.45. 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be given a $0.50 dividend. The ex-dividend date 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 presently 24.10%.

Wall Street Analyst Weigh In

CF has been the topic of several recent analyst reports. JPMorgan Chase & Co. cut their target price on CF Industries from $87.00 to $80.00 and set a “neutral” rating on the stock in a research note on Thursday, January 15th. Rothschild & Co Redburn set a $72.00 price objective on CF Industries in a research report on Wednesday, February 4th. UBS Group reduced their price objective on CF Industries from $91.00 to $86.00 and set a “neutral” rating for the company in a report on Monday, January 12th. Wells Fargo & Company initiated coverage on shares of CF Industries in a research note on Tuesday, November 11th. They set an “overweight” rating and a $100.00 target price on the stock. Finally, Canadian Imperial Bank of Commerce raised shares of CF Industries to a “hold” rating in a report on Tuesday, December 2nd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $88.14.

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.