Quadrant Capital Group LLC Purchases 16,159 Shares of CF Industries Holdings, Inc. $CF

Quadrant Capital Group LLC lifted its position in CF Industries Holdings, Inc. (NYSE:CF) by 247.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,701 shares of the basic materials company’s stock after purchasing an additional 16,159 shares during the period. Quadrant Capital Group LLC’s holdings in CF Industries were worth $2,829,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Himension Capital Singapore PTE. LTD. bought a new stake in shares of CF Industries during the 1st quarter valued at $25,000. Virtus Advisers LLC purchased a new position in shares of CF Industries during the 2nd quarter valued at $25,000. Continuum Advisory LLC bought a new position in CF Industries in the 2nd quarter worth $28,000. Keating Financial Advisory Services Inc. bought a new position in CF Industries in the 2nd quarter worth $29,000. Finally, Retirement Wealth Solutions LLC bought a new position in CF Industries in the 3rd quarter worth $35,000. 93.06% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on CF. Rothschild & Co Redburn upgraded CF Industries from a “sell” rating to a “neutral” rating and increased their price target for the stock from $98.00 to $110.00 in a research note on Monday, September 28th. UBS Group boosted their price objective on CF Industries from $115.00 to $123.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Freedom Broker lowered CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 26th. Weiss Ratings raised CF Industries from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, September 16th. Finally, Royal Bank Of Canada cut their target price on CF Industries from $125.00 to $115.00 and set a “sector perform” rating for the company in a research report on Friday, July 17th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $121.11.

CF Industries Trading Down 1.3%

CF Industries stock opened at $116.42 on Thursday. The stock has a market cap of $17.62 billion, a P/E ratio of 8.63, a PEG ratio of 0.23 and a beta of 0.53. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.86 and a quick ratio of 4.32. CF Industries Holdings, Inc. has a 1 year low of $75.42 and a 1 year high of $141.96. The firm’s 50 day moving average price is $123.66 and its 200-day moving average price is $119.94.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, August 5th. The basic materials company reported $4.73 EPS for the quarter, missing the consensus estimate of $5.63 by ($0.90). CF Industries had a return on equity of 24.41% and a net margin of 27.12%. The company had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.45 billion. During the same period last year, the firm posted $2.37 EPS. CF Industries’s quarterly revenue was up 17.6% compared to the same quarter last year. On average, equities analysts predict that CF Industries Holdings, Inc. will post 13.90 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

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

About CF Industries

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.