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CF Industries Holdings, Inc. (NYSE:CF) Stock Holdings Lifted by Cohen & Steers Inc.

CF Industries logo with Basic Materials background

Cohen & Steers Inc. increased its holdings in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 53.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 161,825 shares of the basic materials company's stock after purchasing an additional 56,680 shares during the quarter. Cohen & Steers Inc. owned 0.09% of CF Industries worth $13,807,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in CF. Mizuho Bank Ltd. purchased a new stake in shares of CF Industries in the fourth quarter valued at approximately $26,000. Heck Capital Advisors LLC acquired a new position in CF Industries during the 4th quarter worth about $34,000. Creative Financial Designs Inc. ADV grew its holdings in shares of CF Industries by 50.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock valued at $41,000 after purchasing an additional 161 shares in the last quarter. Asset Planning Inc purchased a new position in CF Industries in the fourth quarter valued at $44,000. Finally, Brooklyn Investment Group increased its stake in shares of CF Industries by 26.9% during the fourth quarter. Brooklyn Investment Group now owns 576 shares of the basic materials company's stock worth $49,000 after buying an additional 122 shares during the period. 93.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. JPMorgan Chase & Co. lowered CF Industries from a "neutral" rating to an "underweight" rating and dropped their target price for the company from $82.00 to $75.00 in a report on Friday, January 24th. Barclays dropped their price target on CF Industries from $100.00 to $95.00 and set an "equal weight" rating on the stock in a research note on Wednesday, March 5th. Scotiabank raised CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price objective for the company in a report on Wednesday, April 9th. UBS Group cut their target price on shares of CF Industries from $90.00 to $79.00 and set a "neutral" rating on the stock in a report on Wednesday. Finally, Morgan Stanley decreased their price target on shares of CF Industries from $85.00 to $80.00 and set an "equal weight" rating for the company in a research note on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, CF Industries currently has an average rating of "Hold" and an average target price of $89.86.

Read Our Latest Stock Report on CF

CF Industries Price Performance

Shares of CF Industries stock traded up $0.80 during trading on Friday, reaching $74.90. The company's stock had a trading volume of 2,282,775 shares, compared to its average volume of 2,097,237. The company has a market capitalization of $12.70 billion, a P/E ratio of 11.06, a price-to-earnings-growth ratio of 0.37 and a beta of 0.84. CF Industries Holdings, Inc. has a 12-month low of $67.34 and a 12-month high of $98.25. The business has a 50 day moving average price of $76.71 and a 200-day moving average price of $84.01. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39.

CF Industries (NYSE:CF - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, beating analysts' consensus estimates of $1.49 by $0.40. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The firm had revenue of $1.52 billion for the quarter, compared to analysts' expectations of $1.50 billion. As a group, sell-side analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.67%. The ex-dividend date of this dividend was Friday, February 14th. CF Industries's payout ratio is currently 29.54%.

CF Industries Company Profile

(Free Report)

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.

See Also

Institutional Ownership by Quarter for CF Industries (NYSE:CF)

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