Wills Financial Group LLC Sells 6,950 Shares of CF Industries Holdings, Inc. $CF

Wills Financial Group LLC reduced its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 17.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,509 shares of the basic materials company’s stock after selling 6,950 shares during the period. CF Industries comprises approximately 1.7% of Wills Financial Group LLC’s portfolio, making the stock its 21st biggest holding. Wills Financial Group LLC’s holdings in CF Industries were worth $4,205,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Himension Capital Singapore PTE. LTD. purchased a new stake in shares of CF Industries in the 1st quarter valued at $25,000. Hantz Financial Services Inc. lifted its stake in CF Industries by 46.3% in the fourth quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 156 shares during the last quarter. Eagle Bay Advisors LLC purchased a new stake in CF Industries during the fourth quarter valued at about $43,000. WPG Advisers LLC grew its stake in shares of CF Industries by 69.8% during the fourth quarter. WPG Advisers LLC now owns 552 shares of the basic materials company’s stock valued at $43,000 after buying an additional 227 shares during the last quarter. Finally, MUFG Securities EMEA plc bought a new position in shares of CF Industries during the second quarter valued at about $44,000. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Stock Performance

Shares of NYSE:CF opened at $126.82 on Friday. The company has a market cap of $19.48 billion, a price-to-earnings ratio of 11.39 and a beta of 0.40. The company has a 50-day moving average price of $114.25 and a 200-day moving average price of $110.84. The company has a current ratio of 3.54, a quick ratio of 3.15 and a debt-to-equity ratio of 0.39. 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 firm also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be issued a dividend of $0.60 per share. The ex-dividend date is Friday, August 14th. This represents a $2.40 dividend on an annualized basis and a yield of 1.9%. This is a boost from CF Industries’s previous quarterly dividend of $0.50. CF Industries’s dividend payout ratio (DPR) is presently 17.97%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Zacks Research cut CF Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Wall Street Zen downgraded CF Industries from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Royal Bank Of Canada lowered their price objective on CF Industries from $125.00 to $115.00 and set a “sector perform” rating for the company in a research report on Friday, July 17th. Weiss Ratings reissued a “buy (b)” rating on shares of CF Industries in a research note on Monday, June 29th. Finally, Berenberg Bank raised their target price on shares of CF Industries from $86.00 to $106.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, CF Industries presently has a consensus rating of “Hold” and an average price target of $116.62.

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.