CF Industries Holdings, Inc. $CF Shares Purchased by Burney Co.

Burney Co. increased its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 12.2% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 189,493 shares of the basic materials company’s stock after acquiring an additional 20,549 shares during the quarter. CF Industries makes up about 0.8% of Burney Co.’s investment portfolio, making the stock its 19th largest position. Burney Co.’s holdings in CF Industries were worth $24,604,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Van ECK Associates Corp grew its stake in shares of CF Industries by 19.8% in the 3rd quarter. Van ECK Associates Corp now owns 369,321 shares of the basic materials company’s stock valued at $33,128,000 after buying an additional 61,140 shares during the period. KBC Group NV lifted its stake in shares of CF Industries by 26.9% in 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 purchasing an additional 248,020 shares during the last quarter. BDF Gestion purchased a new position in shares of CF Industries during the 4th quarter worth $1,779,000. AIA Group Ltd purchased a new position in shares of CF Industries during the 3rd quarter worth $376,000. Finally, Eminence Capital LP increased its position in shares of CF Industries by 13.3% during the 3rd quarter. Eminence Capital LP now owns 1,339,669 shares of the basic materials company’s stock worth $120,168,000 after purchasing an additional 157,442 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Stock Performance

NYSE:CF opened at $113.22 on Tuesday. The company has a fifty day simple moving average of $115.07 and a two-hundred day simple moving average of $106.98. The company has a market cap of $17.39 billion, a price-to-earnings ratio of 10.17 and a beta of 0.40. The company has a quick ratio of 3.15, a current ratio of 3.54 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 52 week low of $75.42 and a 52 week high of $141.96.

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were issued a $0.50 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.00 dividend on an annualized basis and a yield of 1.8%. CF Industries’s dividend payout ratio (DPR) is 17.97%.

Analysts Set New Price Targets

Several analysts recently issued reports on CF shares. Zacks Research lowered shares of CF Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. JPMorgan Chase & Co. boosted their price target on shares of CF Industries from $94.00 to $115.00 and gave the company a “neutral” rating in a research note on Wednesday, June 3rd. Wall Street Zen upgraded shares of CF Industries from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. Royal Bank Of Canada increased their price objective on shares of CF Industries from $100.00 to $125.00 and gave the stock a “sector perform” rating in a research report on Tuesday, April 7th. Finally, Barclays lifted their target price on shares of CF Industries from $130.00 to $145.00 and gave the company an “overweight” rating in a report on Monday, April 27th. 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $117.25.

CF Industries 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.