Gabelli Funds LLC Has $1.94 Million Stake in CF Industries Holdings, Inc. (NYSE:CF)

Gabelli Funds LLC raised its position in CF Industries Holdings, Inc. (NYSE:CFFree Report) by 126.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,600 shares of the basic materials company’s stock after acquiring an additional 12,600 shares during the quarter. Gabelli Funds LLC’s holdings in CF Industries were worth $1,938,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Applied Finance Capital Management LLC lifted its stake in shares of CF Industries by 25.8% during the 3rd quarter. Applied Finance Capital Management LLC now owns 149,191 shares of the basic materials company’s stock worth $12,792,000 after buying an additional 30,582 shares during the last quarter. Spire Wealth Management lifted its stake in shares of CF Industries by 9,356.5% during the 3rd quarter. Spire Wealth Management now owns 56,077 shares of the basic materials company’s stock worth $4,808,000 after buying an additional 55,484 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC lifted its stake in shares of CF Industries by 3.0% during the 3rd quarter. J.P. Morgan Private Wealth Advisors LLC now owns 18,645 shares of the basic materials company’s stock worth $1,599,000 after buying an additional 537 shares during the last quarter. Moody Aldrich Partners LLC bought a new position in CF Industries during the third quarter worth about $2,536,000. Finally, Oppenheimer & Co. Inc. increased its position in CF Industries by 7.6% during the third quarter. Oppenheimer & Co. Inc. now owns 35,491 shares of the basic materials company’s stock worth $3,043,000 after acquiring an additional 2,518 shares during the period. Institutional investors and hedge funds own 90.63% of the company’s stock.

CF Industries Trading Up 2.1 %

CF opened at $78.08 on Friday. The company’s 50 day moving average is $77.48 and its 200-day moving average is $79.44. CF Industries Holdings, Inc. has a 1-year low of $60.08 and a 1-year high of $91.23. The company has a current ratio of 4.52, a quick ratio of 4.18 and a debt-to-equity ratio of 0.36. The company has a market cap of $14.92 billion, a P/E ratio of 7.26, a PEG ratio of 1.96 and a beta of 1.01.

CF Industries Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 29th. Stockholders of record on Thursday, February 15th will be paid a $0.50 dividend. This is an increase from CF Industries’s previous quarterly dividend of $0.40. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date is Wednesday, February 14th. CF Industries’s dividend payout ratio (DPR) is presently 18.60%.

Wall Street Analyst Weigh In

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

View Our Latest Stock Analysis on CF

About CF Industries

(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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