Arrowstreet Capital Limited Partnership Acquires 729,921 Shares of CF Industries Holdings, Inc. $CF

Arrowstreet Capital Limited Partnership raised its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 203.7% in the first quarter, Holdings Channel reports. The institutional investor owned 1,088,286 shares of the basic materials company’s stock after buying an additional 729,921 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in CF Industries were worth $141,303,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of CF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in CF Industries by 3.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,500 shares of the basic materials company’s stock valued at $1,368,000 after purchasing an additional 518 shares during the last quarter. Jones Financial Companies Lllp grew its position in CF Industries by 161.1% in the 1st quarter. Jones Financial Companies Lllp now owns 11,870 shares of the basic materials company’s stock worth $928,000 after purchasing an additional 7,324 shares during the last quarter. Woodline Partners LP grew its position in CF Industries by 40.7% in the 1st quarter. Woodline Partners LP now owns 14,703 shares of the basic materials company’s stock worth $1,149,000 after purchasing an additional 4,252 shares during the last quarter. Focus Partners Wealth increased its holdings in shares of CF Industries by 21.8% during the 1st quarter. Focus Partners Wealth now owns 3,558 shares of the basic materials company’s stock worth $278,000 after purchasing an additional 638 shares during the period. Finally, Geneos Wealth Management Inc. increased its holdings in shares of CF Industries by 141.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 790 shares of the basic materials company’s stock worth $62,000 after purchasing an additional 463 shares during the period. Institutional investors own 93.06% of the company’s stock.

Analyst Upgrades and Downgrades

CF has been the subject of several research reports. HSBC reduced their target price on shares of CF Industries from $130.00 to $121.00 in a research note on Wednesday, June 17th. BMO Capital Markets decreased their price objective on CF Industries from $140.00 to $135.00 and set an “outperform” rating on the stock in a report on Tuesday, June 30th. Scotiabank upgraded CF Industries from a “sector perform” rating to a “sector outperform” rating and boosted their price objective for the company from $120.00 to $125.00 in a research report on Tuesday, June 30th. Mizuho upped their target price on CF Industries from $100.00 to $105.00 and gave the company an “underperform” rating in a research note on Tuesday, March 31st. Finally, BNP Paribas Exane reduced their target price on CF Industries from $140.00 to $120.00 and set a “neutral” rating for the company in a research report on Monday, June 15th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $116.69.

CF Industries Stock Performance

NYSE CF opened at $125.20 on Friday. The firm has a market cap of $19.23 billion, a price-to-earnings ratio of 11.25 and a beta of 0.40. The company has a 50 day moving average of $114.25 and a 200-day moving average of $110.94. The company has a current ratio of 3.54, a quick ratio of 3.15 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 1-year low of $75.42 and a 1-year high of $141.96.

CF Industries Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be issued a $0.60 dividend. This is a positive change from CF Industries’s previous quarterly dividend of $0.50. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, August 14th. CF Industries’s dividend payout ratio (DPR) is presently 17.97%.

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.