LSV Asset Management Has $46.99 Million Position in CF Industries Holdings, Inc. $CF

LSV Asset Management lifted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 14.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 510,732 shares of the basic materials company’s stock after purchasing an additional 62,987 shares during the quarter. LSV Asset Management owned 0.30% of CF Industries worth $46,987,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cerity Partners LLC grew its stake in shares of CF Industries by 31.2% during the first quarter. Cerity Partners LLC now owns 17,208 shares of the basic materials company’s stock worth $1,345,000 after buying an additional 4,089 shares during the last quarter. Kestra Private Wealth Services LLC boosted its holdings in shares of CF Industries by 29.5% during the 1st quarter. Kestra Private Wealth Services LLC now owns 4,144 shares of the basic materials company’s stock valued at $324,000 after acquiring an additional 945 shares in the last quarter. Allianz Asset Management GmbH grew its position in CF Industries by 21.4% during the 1st quarter. Allianz Asset Management GmbH now owns 1,004,598 shares of the basic materials company’s stock worth $78,509,000 after acquiring an additional 177,191 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in CF Industries by 46.2% in the 1st quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 271,257 shares of the basic materials company’s stock worth $21,199,000 after purchasing an additional 85,702 shares in the last quarter. Finally, Fractal Investments LLC raised its position in CF Industries by 88.2% in the first quarter. Fractal Investments LLC now owns 9,600 shares of the basic materials company’s stock valued at $750,000 after purchasing an additional 4,500 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

Analysts Set New Price Targets

CF has been the topic of several research reports. Wells Fargo & Company initiated coverage on CF Industries in a report on Tuesday, November 11th. They set an “overweight” rating and a $100.00 price target on the stock. Wall Street Zen lowered shares of CF Industries from a “buy” rating to a “hold” rating in a report on Sunday. Weiss Ratings restated a “hold (c)” rating on shares of CF Industries in a research report on Monday. HSBC dropped their price target on shares of CF Industries from $104.00 to $95.00 and set a “hold” rating for the company in a research note on Monday, September 15th. Finally, Zacks Research downgraded CF Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $95.64.

CF Industries Trading Up 0.6%

CF opened at $81.21 on Wednesday. CF Industries Holdings, Inc. has a twelve month low of $67.34 and a twelve month high of $104.45. The company has a fifty day moving average of $86.04 and a 200-day moving average of $88.80. The stock has a market cap of $12.67 billion, a PE ratio of 10.60 and a beta of 0.89. The company has a quick ratio of 2.84, a current ratio of 3.22 and a debt-to-equity ratio of 0.38.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, November 5th. The basic materials company reported $2.19 EPS for the quarter, beating analysts’ consensus estimates of $2.06 by $0.13. CF Industries had a net margin of 20.19% and a return on equity of 17.10%. The business had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter in the prior year, the firm posted $1.55 earnings per share. The business’s quarterly revenue was up 21.1% compared to the same quarter last year. On average, sell-side analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be given a dividend of $0.50 per share. The ex-dividend date is Friday, November 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.5%. CF Industries’s dividend payout ratio is presently 24.10%.

About CF Industries

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.