CX Institutional Grows Stock Position in CF Industries Holdings, Inc. $CF

CX Institutional grew its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 88.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 79,982 shares of the basic materials company’s stock after acquiring an additional 37,437 shares during the quarter. CX Institutional owned about 0.05% of CF Industries worth $9,494,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Annis Gardner Whiting Capital Advisors LLC lifted its position in CF Industries by 3.7% during the first 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 boosted its holdings in shares of CF Industries by 0.6% in the 1st quarter. Eley Financial Management Inc now owns 13,764 shares of the basic materials company’s stock worth $1,787,000 after purchasing an additional 87 shares during the period. Personal CFO Solutions LLC increased its position 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 valued at $1,062,000 after purchasing an additional 89 shares during the last quarter. EverSource Wealth Advisors LLC increased its position 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 valued at $194,000 after purchasing an additional 97 shares during the last quarter. Finally, Altshuler Shaham Ltd raised its holdings in CF Industries by 36.6% during the 1st quarter. Altshuler Shaham Ltd now owns 418 shares of the basic materials company’s stock valued at $54,000 after buying an additional 112 shares during the period. Institutional investors own 93.06% of the company’s stock.

CF Industries Trading Up 0.4%

CF stock traded up $0.50 during midday trading on Friday, reaching $115.04. The company’s stock had a trading volume of 1,887,497 shares, compared to its average volume of 3,290,165. CF Industries Holdings, Inc. has a 1 year low of $75.42 and a 1 year high of $141.96. The firm has a market capitalization of $17.41 billion, a price-to-earnings ratio of 8.53, a PEG ratio of 0.22 and a beta of 0.53. The stock has a fifty day simple moving average of $124.80 and a two-hundred day simple moving average of $121.07. 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 issued its earnings results 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 company had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.45 billion. CF Industries had a net margin of 27.12% and a return on equity of 24.41%. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.37 earnings per share. On average, equities research analysts predict that CF Industries Holdings, Inc. will post 13.9 EPS for the current year.

CF Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 14th were given a $0.60 dividend. This is a positive change 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 2.1%. CF Industries’s dividend payout ratio is presently 17.79%.

Analyst Upgrades and Downgrades

CF has been the subject of a number of analyst reports. KeyCorp began coverage on CF Industries in a research report on Thursday, September 10th. They issued an “underweight” rating and a $115.00 price target for the company. Morgan Stanley reduced 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 note on Tuesday, July 7th. BNP Paribas Exane lowered their target price on shares of CF Industries from $140.00 to $120.00 and set a “neutral” rating for the company in a report on Monday, June 15th. Scotiabank lifted their price target on shares of CF Industries from $125.00 to $130.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Finally, UBS Group upped their price target on shares of CF Industries from $115.00 to $123.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, CF Industries presently has a consensus rating of “Hold” and an average price target of $121.11.

CF Industries Profile

CF Industries Holdings, Inc (NYSE: CF) is a major global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and specialty nitrogen products used in agriculture, industrial applications and emissions-control systems.

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