Pine Valley Investments Ltd Liability Co Cuts Stock Holdings in CF Industries Holdings, Inc. $CF

Pine Valley Investments Ltd Liability Co lowered its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 16.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 36,712 shares of the basic materials company’s stock after selling 7,437 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in CF Industries were worth $4,767,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of CF. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in CF Industries by 3.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,360 shares of the basic materials company’s stock worth $306,000 after buying an additional 84 shares during the period. Eley Financial Management Inc increased its holdings in shares of CF Industries by 0.6% in the 1st quarter. Eley Financial Management Inc now owns 13,764 shares of the basic materials company’s stock valued at $1,787,000 after acquiring an additional 87 shares during the period. Personal CFO Solutions LLC raised its position in shares of CF Industries by 1.1% in the 1st quarter. Personal CFO Solutions LLC now owns 8,176 shares of the basic materials company’s stock worth $1,062,000 after acquiring an additional 89 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of CF Industries by 6.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,496 shares of the basic materials company’s stock worth $194,000 after acquiring an additional 97 shares in the last quarter. Finally, Lakewood Asset Management LLC lifted its stake in shares of CF Industries by 0.9% during the 4th quarter. Lakewood Asset Management LLC now owns 12,371 shares of the basic materials company’s stock worth $957,000 after purchasing an additional 111 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Trading Down 0.1%

CF Industries stock opened at $125.06 on Monday. CF Industries Holdings, Inc. has a one year low of $75.42 and a one year high of $141.96. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.15 and a current ratio of 3.54. The stock has a market cap of $19.21 billion, a PE ratio of 11.24 and a beta of 0.39. The stock has a 50-day moving average of $114.27 and a two-hundred day moving average of $112.70.

CF Industries Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. UBS Group dropped their price objective on CF Industries from $140.00 to $130.00 in a research report on Friday, May 8th. The Goldman Sachs Group reduced their target price on shares of CF Industries from $133.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday, June 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of CF Industries in a research report on Monday, June 29th. Bank of America raised their price target on shares of CF Industries from $103.00 to $106.00 in a report on Thursday, May 14th. Finally, Freedom Capital raised shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $116.69.

CF Industries Company 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.