CF Industries Holdings, Inc. $CF Shares Purchased by Sage Rhino Capital LLC

Sage Rhino Capital LLC raised its stake in CF Industries Holdings, Inc. (NYSE:CF) by 50.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,519 shares of the basic materials company’s stock after acquiring an additional 3,536 shares during the quarter. Sage Rhino Capital LLC’s holdings in CF Industries were worth $968,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. QRG Capital Management Inc. increased its holdings in shares of CF Industries by 21.8% during the 1st quarter. QRG Capital Management Inc. now owns 14,356 shares of the basic materials company’s stock valued at $1,122,000 after purchasing an additional 2,572 shares in the last quarter. Golden State Wealth Management LLC grew its position in CF Industries by 119.8% during the first quarter. Golden State Wealth Management LLC now owns 378 shares of the basic materials company’s stock valued at $30,000 after buying an additional 206 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in CF Industries by 1,497.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 109,240 shares of the basic materials company’s stock valued at $8,537,000 after buying an additional 102,401 shares during the period. Talaria Asset Management Pty Ltd increased its holdings in CF Industries by 77.0% in the first quarter. Talaria Asset Management Pty Ltd now owns 584,000 shares of the basic materials company’s stock valued at $45,640,000 after buying an additional 254,000 shares in the last quarter. Finally, Sarasin & Partners LLP acquired a new position in shares of CF Industries in the first quarter worth about $1,716,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on CF. JPMorgan Chase & Co. upgraded CF Industries from an “underweight” rating to a “neutral” rating and raised their target price for the company from $75.00 to $92.00 in a research report on Tuesday, July 29th. Zacks Research downgraded CF Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Barclays upgraded CF Industries from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $95.00 to $100.00 in a research report on Wednesday, August 13th. Wall Street Zen upgraded CF Industries from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Finally, Royal Bank Of Canada set a $100.00 price target on shares of CF Industries and gave the company a “sector perform” rating in a research note on Monday, July 14th. Three analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $95.00.

CF Industries Stock Performance

NYSE CF opened at $92.03 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.22 and a quick ratio of 2.84. The stock’s 50 day simple moving average is $87.53 and its 200-day simple moving average is $86.04. The company has a market cap of $14.91 billion, a PE ratio of 12.01 and a beta of 0.95. CF Industries Holdings, Inc. has a 1-year low of $67.34 and a 1-year high of $104.45.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, August 6th. The basic materials company reported $2.37 EPS for the quarter, beating the consensus estimate of $2.35 by $0.02. The firm had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.73 billion. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The firm’s revenue was up 20.2% compared to the same quarter last year. During the same period in the prior year, the company earned $2.30 EPS. As a group, equities research analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 15th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, August 15th. CF Industries’s dividend payout ratio (DPR) is currently 26.11%.

CF Industries Company 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.