Deutsche Bank AG Buys New Shares in CF Industries Holdings, Inc. $CF

Deutsche Bank AG bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,458,060 shares of the basic materials company’s stock, valued at approximately $157,850,000. Deutsche Bank AG owned approximately 0.95% of CF Industries as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the business. Himension Capital Singapore PTE. LTD. bought a new stake in shares of CF Industries during the 1st quarter worth $25,000. Altshuler Shaham Ltd raised its position in shares of CF Industries by 36.6% during the first quarter. Altshuler Shaham Ltd now owns 418 shares of the basic materials company’s stock worth $54,000 after purchasing an additional 112 shares during the period. Elevation Wealth Partners LLC raised its position in shares of CF Industries by 39.6% during the second quarter. Elevation Wealth Partners LLC now owns 430 shares of the basic materials company’s stock worth $47,000 after purchasing an additional 122 shares during the period. MUFG Securities EMEA plc purchased a new stake in shares of CF Industries during the second quarter valued at $44,000. Finally, Hantz Financial Services Inc. lifted its holdings in shares of CF Industries by 46.3% during the fourth quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock valued at $38,000 after purchasing an additional 156 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on CF shares. Bank of America lifted their price target on CF Industries from $103.00 to $106.00 in a research note on Thursday, May 14th. The Goldman Sachs Group decreased their target price on shares of CF Industries from $133.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday, June 23rd. Morgan Stanley dropped their target price on shares of CF Industries from $135.00 to $115.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 7th. Royal Bank Of Canada cut their price target on shares of CF Industries from $125.00 to $115.00 and set a “sector perform” rating on the stock in a report on Friday, July 17th. Finally, Berenberg Bank upped their price target on shares of CF Industries from $86.00 to $106.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, CF Industries presently has an average rating of “Hold” and a consensus price target of $116.56.

CF Industries Stock Down 0.3%

NYSE:CF opened at $119.31 on Thursday. The business’s fifty day moving average price is $115.20 and its 200 day moving average price is $115.34. The firm has a market capitalization of $18.06 billion, a price-to-earnings ratio of 8.84, a PEG ratio of 0.23 and a beta of 0.39. The company has a current ratio of 4.86, a quick ratio of 4.32 and a debt-to-equity ratio of 0.36. CF Industries Holdings, Inc. has a 1-year low of $75.42 and a 1-year high of $141.96.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $4.73 EPS for the quarter, missing analysts’ consensus estimates of $5.63 by ($0.90). CF Industries had a return on equity of 24.41% and a net margin of 27.12%.The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.45 billion. The company’s revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.37 earnings per share. On average, sell-side analysts forecast that CF Industries Holdings, Inc. will post 13.85 earnings per share for the current fiscal year.

CF Industries Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be issued a dividend of $0.60 per share. This is an increase from CF Industries’s previous quarterly dividend of $0.50. This represents a $2.40 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, August 14th. CF Industries’s dividend payout ratio is 17.79%.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.