Vinva Investment Management Ltd Purchases Shares of 4,939 CF Industries Holdings, Inc. $CF

Vinva Investment Management Ltd acquired a new position in CF Industries Holdings, Inc. (NYSE:CF) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,939 shares of the basic materials company’s stock, valued at approximately $449,000.

Other hedge funds have also recently made changes to their positions in the company. Trust Co. of Toledo NA OH purchased a new stake in CF Industries in the second quarter valued at approximately $26,000. Zions Bancorporation National Association UT purchased a new stake in shares of CF Industries in the 1st quarter valued at $27,000. Summit Securities Group LLC purchased a new stake in shares of CF Industries in the 1st quarter valued at $50,000. Allworth Financial LP lifted its stake in CF Industries by 123.0% during the 2nd quarter. Allworth Financial LP now owns 611 shares of the basic materials company’s stock worth $56,000 after acquiring an additional 337 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in CF Industries by 141.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 790 shares of the basic materials company’s stock valued at $62,000 after acquiring an additional 463 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Trading Up 1.3%

NYSE:CF opened at $79.39 on Friday. CF Industries Holdings, Inc. has a 1 year low of $67.34 and a 1 year high of $104.45. The stock has a market cap of $12.38 billion, a P/E ratio of 10.36 and a beta of 0.89. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.84 and a current ratio of 3.22. The stock has a 50-day simple moving average of $84.92 and a 200-day simple moving average of $88.51.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share for the quarter, topping the consensus estimate of $2.06 by $0.13. The firm had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.59 billion. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The firm’s revenue was up 21.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.55 earnings per share. As a group, analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 14th were issued a $0.50 dividend. The ex-dividend date was 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%.

Analysts Set New Price Targets

CF has been the topic of several research reports. Barclays raised shares of CF Industries from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $95.00 to $100.00 in a research report on Wednesday, August 13th. HSBC reduced their target price on shares of CF Industries from $95.00 to $91.00 and set a “hold” rating on the stock in a report on Monday, November 24th. UBS Group dropped their price target on shares of CF Industries from $96.00 to $91.00 and set a “neutral” rating for the company in a research note on Thursday, November 6th. Wells Fargo & Company assumed coverage on CF Industries in a research report on Tuesday, November 11th. They set an “overweight” rating and a $100.00 price objective on the stock. Finally, BNP Paribas lowered CF Industries from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $94.33.

CF Industries Profile

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.