Caprock Group LLC Takes Position in CF Industries Holdings, Inc. $CF

Caprock Group LLC acquired a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) in the third quarter, HoldingsChannel reports. The institutional investor acquired 13,616 shares of the basic materials company’s stock, valued at approximately $1,180,000.

A number of other hedge funds also recently bought and sold shares of the company. Planned Solutions Inc. increased its holdings in shares of CF Industries by 3.5% in the 2nd quarter. Planned Solutions Inc. now owns 3,393 shares of the basic materials company’s stock worth $312,000 after purchasing an additional 114 shares in the last quarter. Nordea Investment Management AB raised its position in CF Industries by 0.8% in the 2nd quarter. Nordea Investment Management AB now owns 15,262 shares of the basic materials company’s stock worth $1,395,000 after buying an additional 114 shares during the last quarter. Harbor Capital Advisors Inc. lifted its stake in CF Industries by 78.0% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 292 shares of the basic materials company’s stock valued at $26,000 after acquiring an additional 128 shares during the period. First Horizon Advisors Inc. grew its stake in shares of CF Industries by 8.7% in the second quarter. First Horizon Advisors Inc. now owns 1,854 shares of the basic materials company’s stock worth $171,000 after acquiring an additional 149 shares during the period. Finally, Bessemer Group Inc. raised its holdings in shares of CF Industries by 3.9% during the third quarter. Bessemer Group Inc. now owns 4,033 shares of the basic materials company’s stock valued at $362,000 after purchasing an additional 150 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

Analysts Set New Price Targets

CF has been the topic of a number of research reports. BNP Paribas Exane raised their price target on CF Industries from $80.00 to $90.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 21st. UBS Group reduced their target price on shares of CF Industries from $91.00 to $86.00 and set a “neutral” rating for the company in a report on Monday, January 12th. Wall Street Zen cut shares of CF Industries from a “buy” rating to a “hold” rating in a research note on Sunday, December 14th. JPMorgan Chase & Co. reduced their target price on shares of CF Industries from $87.00 to $80.00 and set a “neutral” rating for the company in a report on Thursday, January 15th. Finally, Bank of America lowered their price objective on CF Industries from $83.00 to $78.00 and set an “underperform” rating on the stock in a research report on Thursday, January 8th. 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $88.14.

CF Industries Stock Performance

CF Industries stock opened at $94.63 on Friday. The company’s 50-day moving average is $84.64 and its 200 day moving average is $84.99. CF Industries Holdings, Inc. has a 1-year low of $67.34 and a 1-year high of $104.45. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.27 and a quick ratio of 1.99. The firm has a market capitalization of $14.76 billion, a P/E ratio of 11.40 and a beta of 0.70.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, February 13th. CF Industries’s dividend payout ratio (DPR) is currently 24.10%.

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.