Pine Valley Investments Ltd Liability Co Reduces Stock Holdings in CF Industries Holdings, Inc. $CF

Pine Valley Investments Ltd Liability Co lowered its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 16.8% during the first quarter, Holdings Channel reports. The fund owned 36,712 shares of the basic materials company’s stock after selling 7,437 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in CF Industries were worth $4,767,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in CF. Dimensional Fund Advisors LP lifted its position in CF Industries by 3.4% during the first quarter. Dimensional Fund Advisors LP now owns 4,458,907 shares of the basic materials company’s stock valued at $579,062,000 after purchasing an additional 146,682 shares during the period. Boston Partners grew its position in CF Industries by 15.3% during the 3rd quarter. Boston Partners now owns 3,587,999 shares of the basic materials company’s stock worth $321,852,000 after purchasing an additional 476,769 shares during the period. Invesco Ltd. raised its stake in shares of CF Industries by 12.0% during the 4th quarter. Invesco Ltd. now owns 3,570,249 shares of the basic materials company’s stock valued at $276,123,000 after buying an additional 381,716 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of CF Industries by 0.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,287,256 shares of the basic materials company’s stock valued at $302,428,000 after buying an additional 11,792 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of CF Industries by 5.5% in the 4th quarter. Northern Trust Corp now owns 3,147,611 shares of the basic materials company’s stock valued at $243,436,000 after buying an additional 163,320 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on CF. Bank of America raised their target price on CF Industries from $103.00 to $106.00 in a report on Thursday, May 14th. UBS Group decreased their price target on CF Industries from $140.00 to $130.00 in a report on Friday, May 8th. Barclays upped their price objective on CF Industries from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. The Goldman Sachs Group cut their target price on shares of CF Industries from $133.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday, June 23rd. Finally, Morgan Stanley lowered their price target on shares of CF Industries from $135.00 to $115.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 7th. Two equities research 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 assigned a Sell rating to the company. According to MarketBeat, CF Industries presently has a consensus rating of “Hold” and a consensus target price of $116.69.

CF Industries Stock Down 0.1%

CF Industries stock opened at $125.06 on Monday. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.54 and a quick ratio of 3.15. The stock has a market capitalization of $19.21 billion, a PE ratio of 11.24 and a beta of 0.39. The business has a 50 day simple moving average of $114.27 and a 200-day simple moving average of $112.70. CF Industries Holdings, Inc. has a 12 month low of $75.42 and a 12 month high of $141.96.

CF Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Shareholders 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. This represents a $2.40 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Friday, August 14th. CF Industries’s dividend payout ratio (DPR) is currently 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.