Louisiana State Employees Retirement System Purchases New Stake in CF Industries Holdings, Inc. $CF

Louisiana State Employees Retirement System acquired a new position in CF Industries Holdings, Inc. (NYSE:CF) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 7,900 shares of the basic materials company’s stock, valued at approximately $1,026,000.

A number of other institutional investors have also recently bought and sold shares of the business. Hantz Financial Services Inc. increased its holdings in shares of CF Industries by 46.3% in the 4th quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock valued at $38,000 after purchasing an additional 156 shares during the period. Stance Capital LLC acquired a new stake in shares of CF Industries during the third quarter worth approximately $42,000. Eagle Bay Advisors LLC acquired a new stake in shares of CF Industries during the fourth quarter worth approximately $43,000. WPG Advisers LLC grew its position in CF Industries by 69.8% during the fourth quarter. WPG Advisers LLC now owns 552 shares of the basic materials company’s stock valued at $43,000 after purchasing an additional 227 shares in the last quarter. Finally, MUFG Securities EMEA plc purchased a new position in CF Industries during the second quarter valued at approximately $44,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Price Performance

NYSE CF opened at $110.61 on Friday. 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 stock has a market capitalization of $16.99 billion, a PE ratio of 9.94 and a beta of 0.40. CF Industries Holdings, Inc. has a 12-month low of $75.42 and a 12-month high of $141.96. The company has a 50 day moving average price of $115.32 and a two-hundred day moving average price of $106.53.

CF Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, May 15th. CF Industries’s payout ratio is presently 17.97%.

Analyst Ratings Changes

CF has been the subject of a number of research analyst reports. JPMorgan Chase & Co. increased their target price on shares of CF Industries from $94.00 to $115.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 3rd. Freedom Capital upgraded shares of CF Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, May 18th. HSBC dropped their price target on shares of CF Industries from $130.00 to $121.00 in a research note on Wednesday, June 17th. Zacks Research cut CF Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 15th. Finally, Barclays lifted their price objective on CF Industries from $130.00 to $145.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $118.50.

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.