New York State Common Retirement Fund boosted its holdings in CF Industries Holdings, Inc. (NYSE:CF – Get Rating) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 191,284 shares of the basic materials company’s stock after purchasing an additional 1,899 shares during the quarter. New York State Common Retirement Fund owned about 0.10% of CF Industries worth $16,297,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Renaissance Technologies LLC raised its position in CF Industries by 48.5% during the 3rd quarter. Renaissance Technologies LLC now owns 1,716,450 shares of the basic materials company’s stock worth $165,208,000 after buying an additional 560,800 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in CF Industries by 4.8% during the 3rd quarter. Price T Rowe Associates Inc. MD now owns 11,789,927 shares of the basic materials company’s stock worth $1,134,783,000 after buying an additional 544,263 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its position in CF Industries by 316.3% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 482,822 shares of the basic materials company’s stock worth $46,472,000 after buying an additional 366,839 shares during the last quarter. Clean Energy Transition LLP raised its position in CF Industries by 297.2% during the 1st quarter. Clean Energy Transition LLP now owns 441,796 shares of the basic materials company’s stock worth $45,531,000 after buying an additional 330,581 shares during the last quarter. Finally, Canada Pension Plan Investment Board raised its position in CF Industries by 167.9% during the 3rd quarter. Canada Pension Plan Investment Board now owns 497,105 shares of the basic materials company’s stock worth $47,846,000 after buying an additional 311,545 shares during the last quarter. Hedge funds and other institutional investors own 92.94% of the company’s stock.
CF Industries Trading Down 3.8 %
NYSE CF opened at $75.06 on Wednesday. CF Industries Holdings, Inc. has a one year low of $67.95 and a one year high of $119.60. The company’s 50 day moving average price is $78.62 and its 200 day moving average price is $90.25. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.22 and a current ratio of 3.69. The firm has a market capitalization of $14.71 billion, a price-to-earnings ratio of 4.60, a PEG ratio of 1.35 and a beta of 1.01.
CF Industries Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 28th. Stockholders of record on Wednesday, February 15th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Tuesday, February 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.13%. CF Industries’s dividend payout ratio is currently 9.80%.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on CF. UBS Group cut their price target on shares of CF Industries from $104.00 to $100.00 and set a “buy” rating for the company in a report on Thursday, February 16th. Mizuho cut their price target on shares of CF Industries from $105.00 to $101.00 and set a “neutral” rating for the company in a report on Friday, February 17th. Barclays cut their price target on shares of CF Industries from $115.00 to $105.00 and set an “overweight” rating for the company in a report on Friday, April 14th. Wells Fargo & Company cut their price target on shares of CF Industries from $109.00 to $102.00 and set an “overweight” rating for the company in a report on Monday. Finally, Citigroup lowered their price objective on shares of CF Industries from $126.00 to $100.00 and set a “buy” rating on the stock in a research note on Friday, January 20th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $101.00.
CF Industries Company Profile
CF Industries Holdings, Inc engages in the manufacture and distribution of nitrogen fertilizer. The firm owns and operates nitrogen plants and serves agricultural and industrial customers through its distribution system. It operates through following segments: Ammonia, Granular Urea, UAN, AN, and Other.
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