Rhumbline Advisers Has $33.22 Million Stock Position in CF Industries Holdings, Inc. $CF

Rhumbline Advisers increased its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 3.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 370,328 shares of the basic materials company’s stock after purchasing an additional 12,000 shares during the period. Rhumbline Advisers’ holdings in CF Industries were worth $33,218,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CF. Harbor Capital Advisors Inc. grew its position in shares of CF Industries by 78.0% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 292 shares of the basic materials company’s stock worth $26,000 after buying an additional 128 shares during the period. True Wealth Design LLC raised its position in shares of CF Industries by 396.2% in the 3rd quarter. True Wealth Design LLC now owns 387 shares of the basic materials company’s stock valued at $35,000 after acquiring an additional 309 shares during the period. Eastern Bank bought a new position in CF Industries during the 3rd quarter worth approximately $35,000. Peterson Wealth Services grew its holdings in CF Industries by 451.3% during the third quarter. Peterson Wealth Services now owns 441 shares of the basic materials company’s stock valued at $40,000 after purchasing an additional 361 shares during the period. Finally, Root Financial Partners LLC bought a new stake in CF Industries in the third quarter valued at approximately $41,000. Institutional investors own 93.06% of the company’s stock.

CF Industries Stock Up 0.5%

CF stock opened at $94.63 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.27 and a quick ratio of 1.99. The stock has a market capitalization of $14.76 billion, a P/E ratio of 11.40 and a beta of 0.70. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $104.45. The business has a 50-day moving average of $84.64 and a 200-day moving average of $84.99.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, February 13th. CF Industries’s dividend payout ratio (DPR) is currently 24.10%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on CF. Canadian Imperial Bank of Commerce raised shares of CF Industries to a “hold” rating in a report on Tuesday, December 2nd. Rothschild & Co Redburn set a $72.00 target price on CF Industries in a research note on Wednesday, February 4th. Bank of America dropped their price target on CF Industries from $83.00 to $78.00 and set an “underperform” rating on the stock in a research report on Thursday, January 8th. Mizuho cut their price objective on CF Industries from $92.00 to $88.00 and set a “neutral” rating on the stock in a report on Thursday, December 18th. Finally, Scotiabank lowered their target price on CF Industries from $90.00 to $82.00 and set a “sector perform” rating for the company in a research note on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, CF Industries currently has an average rating of “Hold” and an average target price of $88.14.

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.