Burford Brothers Inc. Trims Stock Holdings in CF Industries Holdings, Inc. $CF

Burford Brothers Inc. reduced its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 47.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 6,527 shares of the basic materials company’s stock after selling 5,890 shares during the period. Burford Brothers Inc.’s holdings in CF Industries were worth $847,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Van ECK Associates Corp lifted its holdings in CF Industries by 19.8% during the third quarter. Van ECK Associates Corp now owns 369,321 shares of the basic materials company’s stock worth $33,128,000 after buying an additional 61,140 shares during the period. KBC Group NV boosted its position in CF Industries by 26.9% during the 4th quarter. KBC Group NV now owns 1,170,171 shares of the basic materials company’s stock valued at $90,501,000 after acquiring an additional 248,020 shares in the last quarter. BDF Gestion purchased a new position in shares of CF Industries in the 4th quarter valued at $1,779,000. AIA Group Ltd purchased a new position in shares of CF Industries in the 3rd quarter valued at $376,000. Finally, Eminence Capital LP raised its position in shares of CF Industries by 13.3% in the 3rd quarter. Eminence Capital LP now owns 1,339,669 shares of the basic materials company’s stock worth $120,168,000 after acquiring an additional 157,442 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on CF shares. Scotiabank raised CF Industries from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the company from $120.00 to $125.00 in a research report on Tuesday. Berenberg Bank boosted their target price on shares of CF Industries from $86.00 to $106.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. BMO Capital Markets decreased their price target on shares of CF Industries from $140.00 to $135.00 and set an “outperform” rating for the company in a research report on Tuesday. Canadian Imperial Bank of Commerce raised their price target on shares of CF Industries from $118.00 to $128.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Finally, Barclays lifted their price objective on shares of CF Industries from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $118.50.

CF Industries Trading Up 0.1%

CF opened at $110.61 on Friday. CF Industries Holdings, Inc. has a 52 week low of $75.42 and a 52 week high of $141.96. The company has a quick ratio of 3.15, a current ratio of 3.54 and a debt-to-equity ratio of 0.39. The business has a fifty day simple moving average of $115.32 and a 200-day simple moving average of $106.53. The firm has a market cap of $16.99 billion, a P/E ratio of 9.94 and a beta of 0.40.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were issued a dividend of $0.50 per share. The ex-dividend date was Friday, May 15th. This represents a $2.00 annualized dividend and a yield of 1.8%. CF Industries’s dividend payout ratio is 17.97%.

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.