CF Industries Holdings, Inc. $CF Stock: Farmers & Merchants Investments Inc. Raises Stake

Farmers & Merchants Investments Inc. raised its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 138,419.4% in the third quarter, according to its most recent filing with the SEC. The firm owned 178,690 shares of the basic materials company’s stock after purchasing an additional 178,561 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in CF Industries were worth $22,642,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Himension Capital Singapore PTE. LTD. bought a new position in shares of CF Industries in the 1st quarter worth about $25,000. Virtus Advisers LLC bought a new stake in CF Industries in the second quarter valued at $25,000. Continuum Advisory LLC acquired a new position in shares of CF Industries during the second quarter valued at about $28,000. Keating Financial Advisory Services Inc. bought a new stake in CF Industries in the 2nd quarter valued at about $29,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in CF Industries in the third quarter valued at approximately $35,000. Institutional investors own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on CF shares. UBS Group set a $133.00 price objective on shares of CF Industries in a report on Friday. Scotiabank boosted their price target on shares of CF Industries from $125.00 to $130.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. KeyCorp assumed coverage on shares of CF Industries in a report on Thursday, September 10th. They issued an “underweight” rating and a $115.00 price target on the stock. Weiss Ratings raised shares of CF Industries from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, September 16th. Finally, Morgan Stanley reduced their price objective on CF Industries from $135.00 to $115.00 and set an “equal weight” rating for the company in a report on Tuesday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, CF Industries currently has an average rating of “Hold” and a consensus price target of $121.89.

CF Industries Trading Up 1.8%

CF Industries stock opened at $120.65 on Friday. The stock has a market cap of $18.26 billion, a P/E ratio of 8.94, a PEG ratio of 0.23 and a beta of 0.53. CF Industries Holdings, Inc. has a fifty-two week low of $75.42 and a fifty-two week high of $141.96. The firm’s fifty day moving average price is $123.74 and its 200-day moving average price is $119.87. 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 quarterly 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 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%. The business’s revenue was up 17.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.37 EPS. Equities research analysts forecast that CF Industries Holdings, Inc. will post 13.89 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 16th will be paid a $0.60 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.0%. CF Industries’s dividend payout ratio is 17.79%.

CF Industries Company Profile

CF Industries Holdings, Inc is a global manufacturer of hydrogen and nitrogen products. The company produces ammonia, granular urea, urea ammonium nitrate, ammonium nitrate and nitric acid, which are used primarily in agricultural fertilizers and a range of industrial applications. CF Industries also supplies products such as diesel exhaust fluid and other nitrogen-based solutions.

The company serves agricultural and industrial customers in North America and internationally. Its manufacturing and distribution operations include facilities in the United States, Canada and the United Kingdom, supported by an extensive logistics and distribution network.