Lombard Odier Asset Management Switzerland SA Grows Stock Position in CF Industries Holdings, Inc. $CF

Lombard Odier Asset Management Switzerland SA lifted its position in CF Industries Holdings, Inc. (NYSE:CF) by 70.5% during the first quarter, HoldingsChannel.com reports. The fund owned 47,390 shares of the basic materials company’s stock after acquiring an additional 19,600 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in CF Industries were worth $6,153,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC raised its stake in CF Industries by 3.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,360 shares of the basic materials company’s stock valued at $306,000 after purchasing an additional 84 shares during the last quarter. Personal CFO Solutions LLC lifted its holdings in CF Industries by 1.1% in the 1st quarter. Personal CFO Solutions LLC now owns 8,176 shares of the basic materials company’s stock valued at $1,062,000 after purchasing an additional 89 shares in the last quarter. Lakewood Asset Management LLC boosted its stake in CF Industries by 0.9% during the 4th quarter. Lakewood Asset Management LLC now owns 12,371 shares of the basic materials company’s stock worth $957,000 after purchasing an additional 111 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in CF Industries by 5.2% during the 4th quarter. Farther Finance Advisors LLC now owns 2,365 shares of the basic materials company’s stock worth $183,000 after purchasing an additional 116 shares during the last quarter. Finally, Root Financial Partners LLC grew its holdings in shares of CF Industries by 23.3% during the first quarter. Root Financial Partners LLC now owns 614 shares of the basic materials company’s stock worth $80,000 after buying an additional 116 shares in the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Stock Down 1.2%

Shares of CF opened at $125.20 on Friday. CF Industries Holdings, Inc. has a 52-week low of $75.42 and a 52-week high of $141.96. The company has a market capitalization of $19.23 billion, a PE ratio of 11.25 and a beta of 0.40. The stock has a fifty day simple moving average of $114.25 and a two-hundred day simple moving average of $110.94. 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 Increases Dividend

The company also recently disclosed 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 an increase 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 payout ratio is currently 17.97%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on CF. Canadian Imperial Bank of Commerce reiterated a “neutral” rating and issued a $129.00 target price on shares of CF Industries in a research report on Friday. The Goldman Sachs Group lowered their price target on shares of CF Industries from $133.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 23rd. HSBC dropped their price objective on shares of CF Industries from $130.00 to $121.00 in a research note on Wednesday, June 17th. BNP Paribas Exane cut their price objective on shares of CF Industries from $140.00 to $120.00 and set a “neutral” rating for the company in a report on Monday, June 15th. Finally, Barclays raised their target price on shares of CF Industries from $130.00 to $145.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. Two research 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 MarketBeat.com, the stock presently has a consensus 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.