J.P. Morgan Private Wealth Advisors LLC Acquires 537 Shares of CF Industries Holdings, Inc. (NYSE:CF)

J.P. Morgan Private Wealth Advisors LLC raised its stake in CF Industries Holdings, Inc. (NYSE:CFFree Report) by 3.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,645 shares of the basic materials company’s stock after acquiring an additional 537 shares during the quarter. J.P. Morgan Private Wealth Advisors LLC’s holdings in CF Industries were worth $1,599,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of CF Industries by 0.4% in the first quarter. Vanguard Group Inc. now owns 25,747,358 shares of the basic materials company’s stock worth $2,653,523,000 after acquiring an additional 94,482 shares during the last quarter. State Street Corp raised its holdings in CF Industries by 4.6% in the 2nd quarter. State Street Corp now owns 9,472,445 shares of the basic materials company’s stock valued at $657,577,000 after buying an additional 416,784 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in CF Industries by 34.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 5,213,654 shares of the basic materials company’s stock valued at $447,019,000 after buying an additional 1,329,677 shares during the last quarter. Geode Capital Management LLC raised its holdings in CF Industries by 1.4% in the 2nd quarter. Geode Capital Management LLC now owns 4,728,746 shares of the basic materials company’s stock valued at $329,738,000 after buying an additional 66,498 shares during the last quarter. Finally, Capital World Investors raised its holdings in CF Industries by 12.3% in the 2nd quarter. Capital World Investors now owns 4,471,144 shares of the basic materials company’s stock valued at $310,387,000 after buying an additional 488,098 shares during the last quarter. Institutional investors own 90.63% of the company’s stock.

CF Industries Stock Performance

Shares of CF stock opened at $78.08 on Monday. The company has a market cap of $14.92 billion, a price-to-earnings ratio of 7.26, a price-to-earnings-growth ratio of 2.01 and a beta of 1.01. CF Industries Holdings, Inc. has a 52 week low of $60.08 and a 52 week high of $91.23. The company has a quick ratio of 4.18, a current ratio of 4.52 and a debt-to-equity ratio of 0.36. The firm has a 50 day moving average of $77.48 and a 200-day moving average of $79.42.

CF Industries Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 29th. Investors of record on Thursday, February 15th will be given a $0.50 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $2.00 annualized dividend and a yield of 2.56%. This is an increase from CF Industries’s previous quarterly dividend of $0.40. CF Industries’s dividend payout ratio (DPR) is presently 14.88%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on CF shares. Wells Fargo & Company raised their price objective on shares of CF Industries from $94.00 to $101.00 and gave the company an “overweight” rating in a report on Monday, October 23rd. Royal Bank of Canada raised their price objective on shares of CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Tuesday, October 17th. UBS Group lowered shares of CF Industries from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $95.00 to $83.00 in a report on Wednesday, January 31st. Scotiabank lowered shares of CF Industries from a “sector outperform” rating to a “sector perform” rating in a report on Monday, November 6th. Finally, Barclays upgraded shares of CF Industries from an “underweight” rating to an “equal weight” rating and set a $85.00 price target for the company in a report on Friday, January 12th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, CF Industries has an average rating of “Hold” and a consensus target price of $90.87.

Read Our Latest Analysis on CF

CF Industries Profile

(Free Report)

CF Industries Holdings, Inc manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide. Its principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products; and compound fertilizer products with nitrogen, phosphorus, and potassium.

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

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