Versor Investments LP Reduces Holdings in CF Industries Holdings, Inc. $CF

Versor Investments LP lowered its position in CF Industries Holdings, Inc. (NYSE:CF) by 70.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 7,597 shares of the basic materials company’s stock after selling 17,800 shares during the quarter. Versor Investments LP’s holdings in CF Industries were worth $681,000 as of its most recent SEC filing.

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

CF Industries Stock Up 0.7%

Shares of NYSE CF opened at $97.00 on Thursday. CF Industries Holdings, Inc. has a 12 month low of $67.34 and a 12 month high of $104.45. The company has a current ratio of 2.27, a quick ratio of 1.99 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $15.13 billion, a price-to-earnings ratio of 11.69 and a beta of 0.70. The business has a 50-day moving average of $84.03 and a 200-day moving average of $84.98.

CF Industries Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on CF shares. Weiss Ratings reiterated a “hold (c)” rating on shares of CF Industries in a research report on Monday, December 29th. Canadian Imperial Bank of Commerce raised CF Industries to a “hold” rating in a report on Tuesday, December 2nd. HSBC decreased their price target on CF Industries from $95.00 to $91.00 and set a “hold” rating on the stock in a research report on Monday, November 24th. JPMorgan Chase & Co. cut their price objective on shares of CF Industries from $87.00 to $80.00 and set a “neutral” rating for the company in a research report on Thursday, January 15th. Finally, The Goldman Sachs Group reduced their price objective on shares of CF Industries from $94.00 to $90.00 and set a “neutral” rating for the company in a research note on Tuesday, December 16th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, CF Industries presently has an average rating of “Hold” and a consensus target price of $88.14.

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.