5 Best Agriculture Stocks To Invest In

1. CF Industries Holdings, Inc. (NYSE:CF)

Number of Hedge Fund Holders (Q1): 67

CF Industries Holdings, Inc. (NYSE:CF) is a manufacturer and distributor of fertilizers. The company produces ammonia, urea, and ammonium nitrate products. The company operate the world’s largest nitrogen complex in Louisiana.

As of August 9, CF Industries Holdings, Inc. (NYSE:CF) has a 1.6% dividend yield. The company declared a dividend of $0.40 on July 14, payable by August 31 to the shareholders on record as of August 15. In the first half of 2022, CF Industries Holdings, Inc. (NYSE:CF) bought nearly 6.6 million shares worth $590 million. Furthermore, the compound annual growth for the company’s dividend has been 8% in the last 3 years.

On August 3, CF Industries Holdings, Inc. (NYSE:CF) was upgraded to Outperform from Sector Perform with a price target of $118 by Scotiabank analyst Ben Isaacson. The analyst stated that it’s “becoming very difficult not to be bullish nitrogen.”

According to our Q1 database, 67 hedge funds were bullish on CF Industries Holdings, Inc. (NYSE:CF), while Soroban Capital Partners was the firm with the most significant stake in the company. The hedge fund owned 2.6 million shares worth $269.487 million. In the previous quarter, the number of hedge funds bullish on the company were 58.

CF Industries Holdings, Inc. (NYSE:CF) was one of the companies discussed by Carillon Tower Advisers in its first-quarter 2022 investor letter. Here is what the firm said:

“Stock selection contributed the most while sector allocation was also positive. An underweight to communication services and an overweight to energy helped performance, while an underweight to consumer staples and an overweight to materials detracted. Stock selection was strong within healthcare and materials but was weak within information technology and industrials. CF Industries (NYSE:CF) manufactures and distributes nitrogen fertilizer. The stock rose as Russia’s invasion of Ukraine accelerated already rising fertilizer prices.”

You can also take a look at 10 Stocks To Buy According to William Von Mueffling’s Cantillon Capital Management and 10 Stocks That Billionaire Rob Citrone Is Selling.

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