Natixis Acquires New Shares in CF Industries Holdings, Inc. $CF

Natixis bought a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 44,742 shares of the basic materials company’s stock, valued at approximately $4,116,000.

Other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC raised its stake in shares of CF Industries by 28.3% during the 1st quarter. LPL Financial LLC now owns 67,789 shares of the basic materials company’s stock valued at $5,298,000 after purchasing an additional 14,965 shares during the period. Zions Bancorporation National Association UT purchased a new position in CF Industries during the 1st quarter valued at about $27,000. Nuveen LLC purchased a new position in CF Industries during the 1st quarter valued at about $34,179,000. Public Sector Pension Investment Board increased its position in shares of CF Industries by 12.9% during the first quarter. Public Sector Pension Investment Board now owns 23,601 shares of the basic materials company’s stock valued at $1,844,000 after buying an additional 2,703 shares during the period. Finally, Resona Asset Management Co. Ltd. lifted its holdings in shares of CF Industries by 1.5% in the first quarter. Resona Asset Management Co. Ltd. now owns 76,556 shares of the basic materials company’s stock worth $5,977,000 after buying an additional 1,111 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Wall Street Analysts Forecast Growth

CF has been the subject of several recent analyst reports. 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. Wells Fargo & Company initiated coverage on shares of CF Industries in a report on Tuesday, November 11th. They issued an “overweight” rating and a $100.00 price target for the company. BNP Paribas lowered shares of CF Industries from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 21st. Wolfe Research raised shares of CF Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Finally, Bank of America lifted their price objective on CF Industries from $82.00 to $83.00 and gave the company an “underperform” rating in a research note on Tuesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, CF Industries currently has a consensus rating of “Hold” and a consensus price target of $93.56.

CF Industries Stock Performance

CF Industries stock opened at $76.13 on Thursday. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $104.45. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.99 and a current ratio of 2.27. The stock has a market cap of $11.87 billion, a P/E ratio of 9.17 and a beta of 0.68. The firm’s fifty day moving average price is $83.19 and its 200-day moving average price is $87.98.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.06 by $0.13. CF Industries had a net margin of 20.47% and a return on equity of 18.14%. The company had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same period in the previous year, the business earned $1.55 earnings per share. The firm’s quarterly revenue was up 21.1% compared to the same quarter last year. On average, equities research analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 14th were given a dividend of $0.50 per share. The ex-dividend date was Friday, November 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.6%. CF Industries’s dividend payout ratio is 24.10%.

About CF Industries

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.