CF Industries Holdings, Inc. $CF Shares Purchased by Denali Advisors LLC

Denali Advisors LLC raised its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 248.7% during the third quarter, Holdings Channel reports. The institutional investor owned 8,420 shares of the basic materials company’s stock after buying an additional 6,005 shares during the period. Denali Advisors LLC’s holdings in CF Industries were worth $755,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Ensign Peak Advisors Inc raised its stake in CF Industries by 24.4% during the 2nd quarter. Ensign Peak Advisors Inc now owns 95,289 shares of the basic materials company’s stock valued at $8,767,000 after acquiring an additional 18,666 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of CF Industries by 11.5% in the third quarter. Principal Financial Group Inc. now owns 232,647 shares of the basic materials company’s stock valued at $20,868,000 after purchasing an additional 23,942 shares during the period. Inspire Advisors LLC purchased a new stake in shares of CF Industries during the third quarter worth approximately $677,000. Envestnet Asset Management Inc. lifted its holdings in shares of CF Industries by 5.9% during the second quarter. Envestnet Asset Management Inc. now owns 276,542 shares of the basic materials company’s stock worth $25,442,000 after purchasing an additional 15,291 shares during the period. Finally, Allianz Asset Management GmbH grew its position in CF Industries by 26.8% in the 3rd quarter. Allianz Asset Management GmbH now owns 2,193,042 shares of the basic materials company’s stock valued at $196,716,000 after buying an additional 464,115 shares during the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Price Performance

CF stock opened at $94.63 on Tuesday. The firm has a 50 day moving average of $84.99 and a 200-day moving average of $84.95. CF Industries Holdings, Inc. has a 12-month low of $67.34 and a 12-month high of $104.45. The company has a current ratio of 2.27, a quick ratio of 1.99 and a debt-to-equity ratio of 0.39. The company has a market cap of $14.76 billion, a price-to-earnings ratio of 11.40 and a beta of 0.70.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Friday, February 13th. CF Industries’s payout ratio is presently 24.10%.

Analyst Ratings Changes

A number of equities analysts have commented on CF shares. HSBC cut their price objective on shares of CF Industries from $95.00 to $91.00 and set a “hold” rating for the company in a research report on Monday, November 24th. Bank of America cut their price target on shares of CF Industries from $83.00 to $78.00 and set an “underperform” rating for the company in a report on Thursday, January 8th. Canadian Imperial Bank of Commerce raised CF Industries to a “hold” rating in a report on Tuesday, December 2nd. Wall Street Zen cut CF Industries from a “buy” rating to a “hold” rating in a research report on Sunday, December 14th. Finally, BNP Paribas Exane increased their target price on CF Industries from $80.00 to $90.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, CF Industries presently has a consensus rating of “Hold” and a consensus price target 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.