CF Industries Holdings, Inc. $CF Stock Position Increased by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd boosted its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 4.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 105,824 shares of the basic materials company’s stock after buying an additional 4,757 shares during the quarter. Mediolanum International Funds Ltd owned 0.07% of CF Industries worth $9,629,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CF. Trust Co. of Toledo NA OH bought a new position in shares of CF Industries during the 2nd quarter valued at about $26,000. Zions Bancorporation National Association UT acquired a new stake in CF Industries during the first quarter valued at approximately $27,000. TCTC Holdings LLC lifted its stake in CF Industries by 114.1% during the first quarter. TCTC Holdings LLC now owns 379 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 202 shares during the last quarter. Summit Securities Group LLC bought a new stake in CF Industries during the first quarter worth approximately $50,000. Finally, Allworth Financial LP grew its position in CF Industries by 123.0% in the second quarter. Allworth Financial LP now owns 611 shares of the basic materials company’s stock worth $56,000 after buying an additional 337 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

CF has been the subject of a number of recent research reports. Rothschild & Co Redburn increased their price objective on CF Industries from $78.00 to $86.00 in a research report on Monday, November 10th. Scotiabank upped their target price on CF Industries from $82.00 to $90.00 and gave the company a “sector perform” rating in a report on Monday, November 10th. The Goldman Sachs Group decreased their price target on CF Industries from $96.00 to $94.00 and set a “neutral” rating for the company in a research report on Wednesday, October 22nd. Wolfe Research raised CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. Finally, Mizuho reduced their price objective on shares of CF Industries from $100.00 to $92.00 and set a “neutral” rating for the company in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $95.64.

CF Industries Stock Performance

Shares of CF stock opened at $78.45 on Friday. The company has a market capitalization of $12.24 billion, a price-to-earnings ratio of 10.24 and a beta of 0.89. CF Industries Holdings, Inc. has a 1-year low of $67.34 and a 1-year high of $104.45. The company has a current ratio of 3.22, a quick ratio of 2.84 and a debt-to-equity ratio of 0.38. The stock’s fifty day simple moving average is $85.56 and its 200-day simple moving average is $88.63.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, November 5th. The basic materials company reported $2.19 EPS for the quarter, topping analysts’ consensus estimates of $2.06 by $0.13. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The firm had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same period last year, the company posted $1.55 EPS. The business’s quarterly revenue was up 21.1% compared to the same quarter last year. On average, sell-side analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.5%. CF Industries’s payout ratio is presently 24.10%.

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.