RFG Advisory LLC Has $1.15 Million Stock Position in CF Industries Holdings, Inc. $CF

RFG Advisory LLC lifted its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 145.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,649 shares of the basic materials company’s stock after purchasing an additional 6,309 shares during the quarter. RFG Advisory LLC’s holdings in CF Industries were worth $1,153,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in CF Industries by 3.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,360 shares of the basic materials company’s stock valued at $306,000 after purchasing an additional 84 shares during the last quarter. Eley Financial Management Inc raised its position in shares of CF Industries by 0.6% in the first quarter. Eley Financial Management Inc now owns 13,764 shares of the basic materials company’s stock valued at $1,787,000 after purchasing an additional 87 shares during the period. Personal CFO Solutions LLC lifted its stake in shares of CF Industries by 1.1% during the 1st quarter. Personal CFO Solutions LLC now owns 8,176 shares of the basic materials company’s stock worth $1,062,000 after buying an additional 89 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of CF Industries by 6.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,496 shares of the basic materials company’s stock worth $194,000 after buying an additional 97 shares during the period. Finally, Altshuler Shaham Ltd boosted its holdings in shares of CF Industries by 36.6% during the 1st quarter. Altshuler Shaham Ltd now owns 418 shares of the basic materials company’s stock worth $54,000 after buying an additional 112 shares during the period. Institutional investors own 93.06% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Weiss Ratings cut shares of CF Industries from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, August 21st. Royal Bank Of Canada reduced their price objective on CF Industries from $125.00 to $115.00 and set a “sector perform” rating for the company in a report on Friday, July 17th. Morgan Stanley lowered their target price on CF Industries from $135.00 to $115.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 7th. Canadian Imperial Bank of Commerce reissued a “neutral” rating and set a $129.00 price target on shares of CF Industries in a report on Friday, July 24th. Finally, Scotiabank boosted their price target on CF Industries from $125.00 to $130.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $116.47.

CF Industries Price Performance

Shares of NYSE CF opened at $133.06 on Friday. The business has a fifty day moving average price of $123.95 and a two-hundred day moving average price of $119.62. The stock has a market capitalization of $20.14 billion, a PE ratio of 9.86, a P/E/G ratio of 0.27 and a beta of 0.40. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.86 and a quick ratio of 4.32. CF Industries Holdings, Inc. has a fifty-two week low of $75.42 and a fifty-two week high of $141.96.

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

CF Industries Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 14th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, August 14th. This is a positive change from CF Industries’s previous quarterly dividend of $0.50. CF Industries’s dividend payout ratio is 17.79%.

CF Industries Company Profile

CF Industries Holdings, Inc is a global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and nitric acid, which are used primarily in agriculture to support crop production. Its industrial products also serve customers in areas such as emissions control, plastics, resins, chemicals and other manufacturing applications.

CF Industries operates production facilities in the United States, Canada and the United Kingdom and supplies agricultural and industrial customers in North America and international markets.