Kingsview Wealth Management LLC Buys Shares of 2,489 CF Industries Holdings, Inc. (NYSE:CF)

Kingsview Wealth Management LLC purchased a new stake in shares of CF Industries Holdings, Inc. (NYSE:CFFree Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,489 shares of the basic materials company’s stock, valued at approximately $213,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Blair William & Co. IL lifted its position in shares of CF Industries by 0.8% in the first quarter. Blair William & Co. IL now owns 76,830 shares of the basic materials company’s stock worth $7,918,000 after buying an additional 634 shares during the last quarter. Moors & Cabot Inc. acquired a new stake in shares of CF Industries in the first quarter worth about $245,000. Sequoia Financial Advisors LLC acquired a new stake in shares of CF Industries in the first quarter worth about $232,000. National Pension Service acquired a new position in shares of CF Industries during the 1st quarter worth about $27,765,000. Finally, Vanguard Group Inc. lifted its position in shares of CF Industries by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 25,747,358 shares of the basic materials company’s stock worth $2,653,523,000 after purchasing an additional 94,482 shares during the last quarter. Hedge funds and other institutional investors own 90.63% of the company’s stock.

Analyst Upgrades and Downgrades

CF has been the subject of several research analyst reports. Royal Bank of Canada boosted their price objective on CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 17th. Scotiabank cut CF Industries from a “sector outperform” rating to a “sector perform” rating in a report on Monday, November 6th. Wells Fargo & Company upped their price target on CF Industries from $94.00 to $101.00 and gave the company an “overweight” rating in a report on Monday, October 23rd. Barclays raised 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. Finally, UBS Group cut CF Industries from a “buy” rating to a “neutral” rating and cut their price target for the company from $95.00 to $83.00 in a report on Wednesday, January 31st. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $90.87.

View Our Latest Analysis on CF Industries

CF Industries Stock Up 0.3 %

NYSE CF opened at $76.36 on Thursday. The firm has a market cap of $14.59 billion, a PE ratio of 7.10, a price-to-earnings-growth ratio of 1.96 and a beta of 1.01. CF Industries Holdings, Inc. has a one year low of $60.08 and a one year high of $91.23. The stock’s 50 day simple moving average is $77.42 and its 200 day simple moving average is $79.48. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.52 and a quick ratio of 4.18.

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 dividend of $0.50 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This is a positive change from CF Industries’s previous quarterly dividend of $0.40. This represents a $2.00 dividend on an annualized basis and a yield of 2.62%. CF Industries’s dividend payout ratio is 14.88%.

CF Industries Company 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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