CF Industries Holdings, Inc. $CF Holdings Boosted by Sowell Financial Services LLC

Sowell Financial Services LLC lifted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 817.4% during the third quarter, HoldingsChannel.com reports. The firm owned 43,972 shares of the basic materials company’s stock after purchasing an additional 39,179 shares during the quarter. Sowell Financial Services LLC’s holdings in CF Industries were worth $5,519,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. Quadrant Capital Group LLC grew its holdings in CF Industries by 247.0% during the 3rd quarter. Quadrant Capital Group LLC now owns 22,701 shares of the basic materials company’s stock valued at $2,829,000 after buying an additional 16,159 shares in the last quarter. Physician Wealth Advisors Inc. lifted its holdings in shares of CF Industries by 6,006.7% in the third quarter. Physician Wealth Advisors Inc. now owns 2,748 shares of the basic materials company’s stock worth $348,000 after buying an additional 2,703 shares in the last quarter. Pinnacle Associates Ltd. lifted its holdings in shares of CF Industries by 402.6% in the third quarter. Pinnacle Associates Ltd. now owns 215,776 shares of the basic materials company’s stock worth $26,892,000 after buying an additional 172,846 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of CF Industries by 625.6% in the third quarter. Nisa Investment Advisors LLC now owns 389,249 shares of the basic materials company’s stock worth $48,869,000 after buying an additional 335,602 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its position in shares of CF Industries by 98.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 329,680 shares of the basic materials company’s stock valued at $40,834,000 after acquiring an additional 163,189 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on CF shares. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating and set a $129.00 price objective on shares of CF Industries in a research note on Friday, July 24th. Freedom Broker lowered shares of CF Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 26th. Weiss Ratings upgraded shares of CF Industries from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, September 16th. KeyCorp assumed coverage on shares of CF Industries in a research note on Thursday, September 10th. They issued an “underweight” rating and a $115.00 target price on the stock. Finally, Scotiabank raised their price target on shares of CF Industries from $125.00 to $130.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, CF Industries currently has a consensus rating of “Hold” and a consensus target price of $121.11.

CF Industries Stock Performance

NYSE:CF opened at $116.42 on Thursday. The business’s 50-day moving average price is $123.66 and its two-hundred day moving average price is $119.94. CF Industries Holdings, Inc. has a twelve month low of $75.42 and a twelve month high of $141.96. 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 quick ratio of 4.32, a current ratio of 4.86 and a debt-to-equity ratio of 0.36.

CF Industries (NYSE:CF) last issued its quarterly earnings data 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 business had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.45 billion. During the same period in the previous year, the firm posted $2.37 EPS. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. As a group, equities analysts predict that CF Industries Holdings, Inc. will post 13.90 EPS for the current fiscal year.

CF Industries Announces Dividend

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 $0.60 dividend. This represents a $2.40 dividend on an annualized basis 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 currently 17.79%.

CF Industries Company Profile

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.