Oxbow Advisors LLC Purchases Shares of 43,576 CF Industries Holdings, Inc. $CF

Oxbow Advisors LLC acquired a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 43,576 shares of the basic materials company’s stock, valued at approximately $5,658,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its holdings in shares of CF Industries by 37.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,312,225 shares of the basic materials company’s stock valued at $333,501,000 after purchasing an additional 1,178,516 shares in the last quarter. Boston Partners grew its holdings in CF Industries by 15.3% during the third quarter. Boston Partners now owns 3,587,999 shares of the basic materials company’s stock worth $321,852,000 after buying an additional 476,769 shares in the last quarter. Invesco Ltd. grew its holdings in CF Industries by 12.0% during the fourth quarter. Invesco Ltd. now owns 3,570,249 shares of the basic materials company’s stock worth $276,123,000 after buying an additional 381,716 shares in the last quarter. Ameriprise Financial Inc. raised its position in CF Industries by 1.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,351,194 shares of the basic materials company’s stock valued at $300,602,000 after buying an additional 63,938 shares during the last quarter. Finally, Northern Trust Corp raised its position in CF Industries by 5.5% in the 4th quarter. Northern Trust Corp now owns 3,147,611 shares of the basic materials company’s stock valued at $243,436,000 after buying an additional 163,320 shares during the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Barclays lifted their price objective on shares of CF Industries from $130.00 to $145.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Freedom Capital upgraded shares of CF Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, May 18th. UBS Group dropped their price target on shares of CF Industries from $140.00 to $130.00 in a research report on Friday, May 8th. JPMorgan Chase & Co. boosted their price target on shares of CF Industries from $94.00 to $115.00 and gave the stock a “neutral” rating in a report on Wednesday, June 3rd. Finally, Canadian Imperial Bank of Commerce upped their price objective on shares of CF Industries from $118.00 to $128.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, CF Industries presently has a consensus rating of “Hold” and a consensus price target of $118.50.

CF Industries Stock Up 0.1%

CF stock opened at $110.61 on Friday. The stock’s fifty day simple moving average is $115.32 and its two-hundred day simple moving average is $106.53. The company has a current ratio of 3.54, a quick ratio of 3.15 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 1-year low of $75.42 and a 1-year high of $141.96. The stock has a market cap of $16.99 billion, a P/E ratio of 9.94 and a beta of 0.40.

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Friday, May 15th. CF Industries’s payout ratio is presently 17.97%.

About CF Industries

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.