Foster & Motley Inc. Purchases Shares of 45,611 CF Industries Holdings, Inc. $CF

Foster & Motley Inc. purchased a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 45,611 shares of the basic materials company’s stock, valued at approximately $4,938,000.

Several other large investors also recently modified their holdings of CF. RHS Financial LLC acquired a new position in shares of CF Industries during the 2nd quarter valued at $244,000. Meeder Asset Management Inc. bought a new position in CF Industries during the second quarter worth $6,332,000. MidFirst Bank acquired a new stake in CF Industries in the second quarter worth $144,000. BlackRock Inc. acquired a new stake in CF Industries in the second quarter worth $1,410,607,000. Finally, Occidental Asset Management LLC bought a new stake in CF Industries in the second quarter valued at $325,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

Analyst Upgrades and Downgrades

CF has been the topic of a number of research analyst reports. Wall Street Zen cut shares of CF Industries from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. BMO Capital Markets decreased their target price on CF Industries from $140.00 to $135.00 and set an “outperform” rating for the company in a research report on Tuesday, June 30th. Freedom Capital raised CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating and issued a $129.00 price target on shares of CF Industries in a report on Friday, July 24th. Finally, Zacks Research cut CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, CF Industries currently has a consensus rating of “Hold” and an average price target of $116.56.

CF Industries Stock Up 1.6%

Shares of NYSE CF opened at $119.70 on Wednesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.86 and a quick ratio of 4.32. The company has a 50-day moving average price of $115.00 and a 200-day moving average price of $115.16. The stock has a market capitalization of $18.12 billion, a P/E ratio of 8.87 and a beta of 0.39. CF Industries Holdings, Inc. has a 1 year low of $75.42 and a 1 year high of $141.96.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share for the quarter, missing analysts’ consensus estimates of $5.63 by ($0.90). The business 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 revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.37 EPS. On average, equities research analysts forecast that CF Industries Holdings, Inc. will post 13.85 EPS for the current fiscal year.

CF Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.0%. This is a boost from CF Industries’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Friday, August 14th. CF Industries’s dividend payout ratio (DPR) is currently 17.79%.

About CF Industries

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.