J. Safra Sarasin Holding AG Has $2.31 Million Position in CF Industries Holdings, Inc. $CF

J. Safra Sarasin Holding AG boosted its position in CF Industries Holdings, Inc. (NYSE:CFFree Report) by 65.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,770 shares of the basic materials company’s stock after purchasing an additional 7,017 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in CF Industries were worth $2,306,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of CF Industries by 3.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,500 shares of the basic materials company’s stock worth $1,368,000 after buying an additional 518 shares in the last quarter. Jones Financial Companies Lllp increased its position in CF Industries by 161.1% during the first quarter. Jones Financial Companies Lllp now owns 11,870 shares of the basic materials company’s stock worth $928,000 after acquiring an additional 7,324 shares during the period. Woodline Partners LP increased its position in CF Industries by 40.7% during the first quarter. Woodline Partners LP now owns 14,703 shares of the basic materials company’s stock worth $1,149,000 after acquiring an additional 4,252 shares during the period. Focus Partners Wealth increased its position in CF Industries by 21.8% during the first quarter. Focus Partners Wealth now owns 3,558 shares of the basic materials company’s stock worth $278,000 after acquiring an additional 638 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake in CF Industries by 141.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 790 shares of the basic materials company’s stock worth $62,000 after purchasing an additional 463 shares in the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Price Performance

Shares of NYSE:CF opened at $121.07 on Tuesday. The firm has a 50 day moving average of $114.39 and a 200-day moving average of $108.34. CF Industries Holdings, Inc. has a 12 month low of $75.42 and a 12 month high of $141.96. The company has a current ratio of 3.54, a quick ratio of 3.15 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $18.60 billion, a PE ratio of 10.88 and a beta of 0.40.

CF Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be given a dividend of $0.60 per share. This is an increase from CF Industries’s previous quarterly dividend of $0.50. This represents a $2.40 annualized dividend and a yield of 2.0%. The ex-dividend date is Friday, August 14th. CF Industries’s dividend payout ratio (DPR) is presently 17.97%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on CF shares. The Goldman Sachs Group cut their price objective on shares of CF Industries from $133.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday, June 23rd. JPMorgan Chase & Co. lifted their price target on shares of CF Industries from $94.00 to $115.00 and gave the company a “neutral” rating in a research report on Wednesday, June 3rd. Mizuho lifted their price target on shares of CF Industries from $100.00 to $105.00 and gave the company an “underperform” rating in a research report on Tuesday, March 31st. Morgan Stanley cut their price target on CF Industries from $135.00 to $115.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 7th. Finally, BMO Capital Markets reduced their price target on CF Industries from $140.00 to $135.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 30th. Two research 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. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $117.25.

Check Out Our Latest Research Report on CF

CF Industries Profile

(Free Report)

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.

Further Reading

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

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