Beaconlight Capital LLC Makes New $934,000 Investment in CF Industries Holdings, Inc. $CF

Beaconlight Capital LLC acquired a new stake in CF Industries Holdings, Inc. (NYSE:CF) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 7,195 shares of the basic materials company’s stock, valued at approximately $934,000.

A number of other hedge funds also recently made changes to their positions in the company. Himension Capital Singapore PTE. LTD. acquired a new position in shares of CF Industries during the first quarter worth $25,000. MUFG Securities EMEA plc acquired a new stake in CF Industries during the 2nd quarter valued at $44,000. Hantz Financial Services Inc. increased its stake in CF Industries by 46.3% during the 4th quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock worth $38,000 after buying an additional 156 shares during the period. Eagle Bay Advisors LLC purchased a new stake in CF Industries during the 4th quarter worth $43,000. Finally, WPG Advisers LLC lifted its holdings in CF Industries by 69.8% in the 4th quarter. WPG Advisers LLC now owns 552 shares of the basic materials company’s stock worth $43,000 after buying an additional 227 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Price Performance

NYSE:CF opened at $125.20 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 business’s 50-day moving average price is $114.25 and its 200 day moving average price is $110.94. CF Industries Holdings, Inc. has a 52-week low of $75.42 and a 52-week high of $141.96. The firm has a market cap of $19.23 billion, a P/E ratio of 11.25 and a beta of 0.40.

CF Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be given a dividend of $0.60 per share. This is a boost from CF Industries’s previous quarterly dividend of $0.50. The ex-dividend date is Friday, August 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. CF Industries’s payout ratio is currently 17.97%.

Wall Street Analyst Weigh In

CF has been the subject of several recent analyst reports. Canadian Imperial Bank of Commerce restated a “neutral” rating and set a $129.00 target price on shares of CF Industries in a research note on Friday. Royal Bank Of Canada lowered their price objective on CF Industries from $125.00 to $115.00 and set a “sector perform” rating for the company in a research note on Friday, July 17th. Scotiabank upgraded CF Industries from a “sector perform” rating to a “sector outperform” rating and lifted their price objective for the stock from $120.00 to $125.00 in a report on Tuesday, June 30th. HSBC cut their target price on CF Industries from $130.00 to $121.00 in a research report on Wednesday, June 17th. Finally, Bank of America raised their price target on shares of CF Industries from $103.00 to $106.00 in a research report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $116.69.

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.