Weiss Asset Management LP Has $3.53 Million Stake in CF Industries Holdings, Inc. $CF

Weiss Asset Management LP lowered its stake in CF Industries Holdings, Inc. (NYSE:CF) by 70.3% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,180 shares of the basic materials company’s stock after selling 64,480 shares during the quarter. Weiss Asset Management LP’s holdings in CF Industries were worth $3,529,000 at the end of the most recent reporting period.

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

CF Industries Stock Up 0.1%

Shares of NYSE CF opened at $125.20 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 company has a 50-day moving average price of $114.25 and a 200-day moving average price of $111.16. The stock has a market capitalization of $19.23 billion, a P/E ratio of 11.25 and a beta of 0.40. 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 given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Friday, August 14th. This is a positive change from CF Industries’s previous quarterly dividend of $0.50. CF Industries’s payout ratio is 17.97%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Bank of America increased their price objective on shares of CF Industries from $103.00 to $106.00 in a research report on Thursday, May 14th. The Goldman Sachs Group decreased their target price on CF Industries from $133.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, June 23rd. Morgan Stanley dropped their price target on CF Industries from $135.00 to $115.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 7th. Zacks Research lowered CF Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Finally, Canadian Imperial Bank of Commerce reissued a “neutral” rating and issued a $129.00 price objective on shares of CF Industries in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, CF Industries currently has a consensus rating of “Hold” and an average 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.