CF Industries Holdings, Inc. $CF Stock Holdings Lifted by Everhart Financial Group Inc.

Everhart Financial Group Inc. grew its stake in CF Industries Holdings, Inc. (NYSE:CF) by 306.5% during the third quarter, HoldingsChannel reports. The firm owned 13,753 shares of the basic materials company’s stock after purchasing an additional 10,370 shares during the quarter. Everhart Financial Group Inc.’s holdings in CF Industries were worth $1,704,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. BlackRock Inc. acquired a new position in CF Industries in the 2nd quarter valued at $1,410,607,000. Bank of New York Mellon Corp acquired a new stake in shares of CF Industries in the 2nd quarter worth $198,857,000. Bank of America Corp DE purchased a new stake in shares of CF Industries in the second quarter valued at about $186,353,000. Deutsche Bank AG purchased a new stake in shares of CF Industries in the second quarter valued at about $157,850,000. Finally, Caisse de depot et placement du Quebec acquired a new position in shares of CF Industries during the second quarter worth about $99,909,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Stock Up 0.2%

NYSE CF traded up $0.21 during trading hours on Thursday, reaching $114.65. 1,243,811 shares of the company traded hands, compared to its average volume of 3,265,414. The stock has a market capitalization of $17.35 billion, a PE ratio of 8.49, a PEG ratio of 0.23 and a beta of 0.53. The company has a 50 day moving average of $124.12 and a two-hundred day moving average of $120.82. The company has a current ratio of 4.86, a quick ratio of 4.32 and a debt-to-equity ratio of 0.36. CF Industries Holdings, Inc. has a 12 month low of $75.42 and a 12 month high of $141.96.

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 during the quarter, compared to analyst estimates of $2.45 billion. CF Industries had a return on equity of 24.41% and a net margin of 27.12%.The company’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the company posted $2.37 earnings per share. As a group, equities analysts expect that CF Industries Holdings, Inc. will post 13.9 earnings per share for the current year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be issued a dividend of $0.60 per share. The ex-dividend date is Monday, November 16th. This represents a $2.40 annualized dividend and a yield of 2.1%. CF Industries’s payout ratio is currently 17.79%.

Analysts Set New Price Targets

Several research firms recently issued reports on CF. Wall Street Zen cut shares of CF Industries from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Weiss Ratings raised CF Industries from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, September 16th. Rothschild & Co Redburn upgraded CF Industries from a “sell” rating to a “neutral” rating and boosted their target price for the stock from $98.00 to $110.00 in a research report on Monday, September 28th. Scotiabank increased their target price on CF Industries from $125.00 to $130.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Finally, Canadian Imperial Bank of Commerce reissued a “neutral” rating and issued a $129.00 price target on shares of CF Industries in a report on Friday, July 24th. Two equities research 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $121.11.

CF Industries Company 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.