Fulton Bank N.A. Acquires 364 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Fulton Bank N.A. increased its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 1.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,201 shares of the basic materials company’s stock after purchasing an additional 364 shares during the quarter. Fulton Bank N.A.’s holdings in CF Industries were worth $1,646,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Westside Investment Management Inc. bought a new position in shares of CF Industries during the first quarter valued at approximately $25,000. Turtle Creek Wealth Advisors LLC bought a new position in CF Industries in the 4th quarter worth $29,000. Meeder Asset Management Inc. purchased a new stake in shares of CF Industries in the 4th quarter worth about $36,000. ORG Partners LLC boosted its stake in shares of CF Industries by 62.2% during the 4th quarter. ORG Partners LLC now owns 600 shares of the basic materials company’s stock valued at $48,000 after purchasing an additional 230 shares in the last quarter. Finally, Mather Group LLC. purchased a new position in shares of CF Industries during the first quarter valued at about $55,000. 93.06% of the stock is owned by institutional investors.

CF Industries Trading Up 0.7 %

CF stock traded up $0.54 during midday trading on Tuesday, reaching $73.40. The company’s stock had a trading volume of 1,822,971 shares, compared to its average volume of 2,271,749. The firm has a market capitalization of $13.42 billion, a price-to-earnings ratio of 12.19, a PEG ratio of 2.44 and a beta of 0.95. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $87.90. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.55 and a current ratio of 3.94. The stock has a fifty day simple moving average of $73.96 and a two-hundred day simple moving average of $77.45.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Thursday, August 15th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.72%. CF Industries’s payout ratio is 33.22%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CF. Scotiabank lowered their target price on CF Industries from $86.00 to $80.00 and set a “sector perform” rating for the company in a research note on Monday, May 6th. Berenberg Bank raised their price objective on CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a research report on Wednesday, April 17th. Wells Fargo & Company reduced their target price on shares of CF Industries from $87.00 to $83.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 16th. BMO Capital Markets dropped their price objective on shares of CF Industries from $100.00 to $95.00 and set an “outperform” rating on the stock in a research note on Monday, May 6th. Finally, UBS Group lowered their target price on shares of CF Industries from $86.00 to $78.00 and set a “neutral” rating for the company in a report on Tuesday, July 9th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $83.54.

CF Industries Profile

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.