Treasurer of the State of North Carolina Has $9.36 Million Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

Treasurer of the State of North Carolina grew its position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 5.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 109,693 shares of the basic materials company's stock after buying an additional 5,333 shares during the quarter. Treasurer of the State of North Carolina owned approximately 0.06% of CF Industries worth $9,359,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of CF. FMR LLC raised its stake in shares of CF Industries by 6.6% in the fourth quarter. FMR LLC now owns 8,830,621 shares of the basic materials company's stock worth $753,429,000 after acquiring an additional 543,876 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in CF Industries by 4.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company's stock worth $494,202,000 after purchasing an additional 225,109 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in CF Industries by 7.1% during the 4th quarter. Victory Capital Management Inc. now owns 4,487,821 shares of the basic materials company's stock worth $382,901,000 after buying an additional 299,173 shares in the last quarter. Boston Partners boosted its position in CF Industries by 7.0% in the 4th quarter. Boston Partners now owns 3,316,616 shares of the basic materials company's stock valued at $283,044,000 after buying an additional 216,395 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of CF Industries in the 4th quarter valued at $131,350,000. Institutional investors own 93.06% of the company's stock.

Wall Street Analyst Weigh In

CF has been the topic of several recent research reports. Morgan Stanley decreased their price target on CF Industries from $85.00 to $80.00 and set an "equal weight" rating on the stock in a report on Friday, April 11th. Bank of America raised shares of CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 target price on the stock in a research note on Monday, February 24th. Barclays dropped their price target on shares of CF Industries from $100.00 to $95.00 and set an "equal weight" rating for the company in a research note on Wednesday, March 5th. UBS Group reduced their price objective on shares of CF Industries from $90.00 to $79.00 and set a "neutral" rating on the stock in a research note on Wednesday. Finally, Scotiabank upgraded shares of CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 target price for the company in a research report on Wednesday, April 9th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $89.86.

CF Industries Trading Up 1.1 %

Shares of CF Industries stock traded up $0.80 during trading hours on Friday, hitting $74.90. The company's stock had a trading volume of 2,282,775 shares, compared to its average volume of 2,105,592. CF Industries Holdings, Inc. has a 12 month low of $67.34 and a 12 month high of $98.25. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 2.52. The company has a market capitalization of $12.70 billion, a PE ratio of 11.06, a price-to-earnings-growth ratio of 0.37 and a beta of 0.84. The stock has a 50 day moving average of $76.92 and a 200 day moving average of $84.10.

CF Industries (NYSE:CF - Get Free Report) last announced its earnings results on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.49 by $0.40. The firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. Analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.67%. CF Industries's dividend payout ratio is currently 29.54%.

CF Industries Profile

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.