153,314 Shares in CF Industries Holdings, Inc. $CF Purchased by SEB Asset Management AB

SEB Asset Management AB purchased a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the first quarter, according to its most recent disclosure with the SEC. The firm purchased 153,314 shares of the basic materials company’s stock, valued at approximately $19,906,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CF. Dimensional Fund Advisors LP increased its stake in CF Industries by 37.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,312,225 shares of the basic materials company’s stock worth $333,501,000 after buying an additional 1,178,516 shares in the last quarter. Boston Partners lifted its position in shares of CF Industries by 15.3% in the third quarter. Boston Partners now owns 3,587,999 shares of the basic materials company’s stock valued at $321,852,000 after acquiring an additional 476,769 shares in the last quarter. Invesco Ltd. boosted its stake in shares of CF Industries by 12.0% in the fourth quarter. Invesco Ltd. now owns 3,570,249 shares of the basic materials company’s stock worth $276,123,000 after acquiring an additional 381,716 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of CF Industries by 0.4% in the second quarter. Ameriprise Financial Inc. now owns 3,287,256 shares of the basic materials company’s stock worth $302,428,000 after acquiring an additional 11,792 shares during the last quarter. Finally, Northern Trust Corp increased its position in shares of CF Industries by 5.5% during the fourth quarter. Northern Trust Corp now owns 3,147,611 shares of the basic materials company’s stock worth $243,436,000 after purchasing an additional 163,320 shares in the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CF. Wall Street Zen downgraded CF Industries from a “buy” rating to a “hold” rating in a research note on Saturday. Freedom Capital raised shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. Bank of America upped their target price on shares of CF Industries from $103.00 to $106.00 in a report on Thursday, May 14th. Berenberg Bank increased their target price on shares of CF Industries from $86.00 to $106.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Finally, HSBC reduced their target price on shares of CF Industries from $130.00 to $121.00 in a research report on Wednesday, June 17th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $116.62.

CF Industries Price Performance

CF stock opened at $121.17 on Monday. CF Industries Holdings, Inc. has a 1 year low of $75.42 and a 1 year high of $141.96. 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 firm has a market capitalization of $18.62 billion, a PE ratio of 10.89 and a beta of 0.40. The business has a 50 day simple moving average of $114.30 and a 200-day simple moving average of $109.51.

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 paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.0%. This is an increase from CF Industries’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Friday, August 14th. CF Industries’s dividend payout ratio is presently 17.97%.

CF Industries 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.