Nykredit A S Invests $5.85 Million in CF Industries Holdings, Inc. $CF

Nykredit A S purchased a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 54,026 shares of the basic materials company’s stock, valued at approximately $5,849,000.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. bought a new position in CF Industries in the 2nd quarter valued at $1,410,607,000. Dimensional Fund Advisors LP boosted its stake in shares of CF Industries by 3.4% during the first quarter. Dimensional Fund Advisors LP now owns 4,458,907 shares of the basic materials company’s stock valued at $579,062,000 after purchasing an additional 146,682 shares during the period. Boston Partners boosted its stake in shares of CF Industries by 15.3% during the third quarter. Boston Partners now owns 3,587,999 shares of the basic materials company’s stock valued at $321,852,000 after purchasing an additional 476,769 shares during the period. Invesco Ltd. grew its holdings in shares of CF Industries by 12.0% in the fourth quarter. Invesco Ltd. now owns 3,570,249 shares of the basic materials company’s stock worth $276,123,000 after purchasing an additional 381,716 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in CF Industries by 0.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,287,256 shares of the basic materials company’s stock worth $302,428,000 after buying an additional 11,792 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Trading Up 0.3%

NYSE:CF opened at $133.79 on Monday. The firm has a 50-day simple moving average of $121.31 and a 200-day simple moving average of $118.44. CF Industries Holdings, Inc. has a one year low of $75.42 and a one year high of $141.96. The firm has a market cap of $20.25 billion, a P/E ratio of 9.92, a P/E/G ratio of 0.26 and a beta of 0.40. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.32 and a current ratio of 4.86.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.63 by ($0.90). The business had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.45 billion. CF Industries had a net margin of 27.12% and a return on equity of 24.41%. CF Industries’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.37 earnings per share. Equities analysts anticipate that CF Industries Holdings, Inc. will post 13.7 EPS for the current fiscal year.

CF Industries Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 14th were given a dividend of $0.60 per share. This is a boost from CF Industries’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.40 annualized dividend and a yield of 1.8%. CF Industries’s payout ratio is 17.79%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on CF. Scotiabank lifted their price objective on shares of CF Industries from $125.00 to $130.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Freedom Capital raised shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. BMO Capital Markets decreased their price target on shares of CF Industries from $140.00 to $135.00 and set an “outperform” rating for the company in a research note on Tuesday, June 30th. UBS Group lifted their price target on shares of CF Industries from $115.00 to $123.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Finally, Bank of America boosted their price target on CF Industries from $103.00 to $106.00 in a report on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $116.56.

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.