Susquehanna Fundamental Investments LLC Takes Position in CF Industries Holdings, Inc. $CF

Susquehanna Fundamental Investments LLC purchased a new position in CF Industries Holdings, Inc. (NYSE:CF) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 6,400 shares of the basic materials company’s stock, valued at approximately $693,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Annis Gardner Whiting Capital Advisors LLC grew its stake in CF Industries by 3.7% in 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 lifted its position in shares of CF Industries by 0.6% during 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 buying an additional 87 shares during the last quarter. Personal CFO Solutions LLC boosted its holdings in shares of CF Industries by 1.1% in 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 buying an additional 89 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of CF Industries by 6.9% in 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 last quarter. Finally, Altshuler Shaham Ltd lifted its position in CF Industries by 36.6% during the first quarter. Altshuler Shaham Ltd now owns 418 shares of the basic materials company’s stock valued at $54,000 after acquiring an additional 112 shares during the last quarter. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

CF Industries Stock Performance

Shares of CF stock opened at $139.28 on Thursday. CF Industries Holdings, Inc. has a 52-week low of $75.42 and a 52-week high of $141.96. The company has a quick ratio of 4.32, a current ratio of 4.86 and a debt-to-equity ratio of 0.36. The stock has a market cap of $21.08 billion, a PE ratio of 10.32, a price-to-earnings-growth ratio of 0.27 and a beta of 0.40. The business has a 50-day simple moving average of $120.10 and a 200-day simple moving average of $117.85.

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

CF Industries Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 14th were issued a dividend of $0.60 per share. 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 dividend yield of 1.7%. CF Industries’s payout ratio is presently 17.79%.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. BNP Paribas Exane cut their price target on shares of CF Industries from $140.00 to $120.00 and set a “neutral” rating on the stock in a report on Monday, June 15th. Bank of America increased their price target on CF Industries from $103.00 to $106.00 in a research note on Thursday, May 14th. The Goldman Sachs Group cut their price objective on shares of CF Industries from $133.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, June 23rd. HSBC dropped their target price on shares of CF Industries from $130.00 to $121.00 in a research report on Wednesday, June 17th. Finally, Freedom Capital raised CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, CF Industries has a consensus rating of “Hold” and an average target price of $116.56.

CF Industries 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.