Invst LLC Makes New $558,000 Investment in CF Industries Holdings, Inc. $CF

Invst LLC acquired a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 5,152 shares of the basic materials company’s stock, valued at approximately $558,000.

Several other large investors have also made changes to their positions in CF. Himension Capital Singapore PTE. LTD. purchased a new stake in CF Industries in the first quarter valued at $25,000. Virtus Advisers LLC acquired a new stake in CF Industries during the 2nd quarter worth about $25,000. Keating Financial Advisory Services Inc. purchased a new position in shares of CF Industries during the 2nd quarter valued at about $29,000. Altshuler Shaham Ltd raised its stake in shares of CF Industries by 36.6% during the 1st quarter. Altshuler Shaham Ltd now owns 418 shares of the basic materials company’s stock valued at $54,000 after buying an additional 112 shares during the last quarter. Finally, Elevation Wealth Partners LLC lifted its holdings in shares of CF Industries by 39.6% in the 2nd quarter. Elevation Wealth Partners LLC now owns 430 shares of the basic materials company’s stock valued at $47,000 after buying an additional 122 shares during the period. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Trading Down 1.5%

CF stock opened at $127.30 on Wednesday. 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 firm has a market cap of $19.27 billion, a P/E ratio of 9.44, a PEG ratio of 0.26 and a beta of 0.39. The company’s 50-day simple moving average is $116.87 and its 200-day simple moving average is $116.34.

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). The business had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.45 billion. CF Industries had a net margin of 27.12% and a return on equity of 24.41%. CF Industries’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.37 EPS. As a group, equities analysts forecast that CF Industries Holdings, Inc. will post 13.7 EPS for the current fiscal year.

CF Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Friday, August 14th. This is an increase from CF Industries’s previous quarterly dividend of $0.50. This represents a $2.40 annualized dividend and a yield of 1.9%. CF Industries’s dividend payout ratio is 17.79%.

Wall Street Analyst Weigh In

CF has been the topic of a number of recent research reports. Royal Bank Of Canada lowered their target price on CF Industries from $125.00 to $115.00 and set a “sector perform” rating on the stock in a research note on Friday, July 17th. HSBC reduced their price target on CF Industries from $130.00 to $121.00 in a research report on Wednesday, June 17th. BNP Paribas Exane decreased their price target on CF Industries from $140.00 to $120.00 and set a “neutral” rating for the company in a report on Monday, June 15th. Berenberg Bank upped their price objective on CF Industries from $86.00 to $106.00 and gave the stock a “hold” rating in a research report on Thursday, May 28th. Finally, Zacks Research cut shares of CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Two investment 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus 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.