Littlejohn Financial Services Inc. Takes $2.41 Million Position in CF Industries Holdings, Inc. $CF

Littlejohn Financial Services Inc. bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 18,568 shares of the basic materials company’s stock, valued at approximately $2,411,000. CF Industries accounts for 1.8% of Littlejohn Financial Services Inc.’s investment portfolio, making the stock its 24th largest position.

Several other large investors also recently modified their holdings of the business. Stance Capital LLC bought a new position in CF Industries during the 3rd quarter valued at approximately $42,000. MUFG Securities EMEA plc bought a new stake in shares of CF Industries in the 2nd quarter worth approximately $44,000. Hantz Financial Services Inc. increased its stake in shares of CF Industries by 46.3% during the fourth quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock valued at $38,000 after buying an additional 156 shares during the period. Eagle Bay Advisors LLC purchased a new position in shares of CF Industries during the fourth quarter valued at approximately $43,000. Finally, WPG Advisers LLC increased its stake in shares of CF Industries by 69.8% during the fourth quarter. WPG Advisers LLC now owns 552 shares of the basic materials company’s stock valued at $43,000 after buying an additional 227 shares during the period. 93.06% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CF. HSBC dropped their price target on CF Industries from $130.00 to $121.00 in a research note on Wednesday, June 17th. Wall Street Zen upgraded shares of CF Industries from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. JPMorgan Chase & Co. raised their target price on shares of CF Industries from $94.00 to $115.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 3rd. The Goldman Sachs Group cut their target price on shares of CF Industries from $133.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 23rd. Finally, UBS Group reduced their price target on shares of CF Industries from $140.00 to $130.00 in a research report on Friday, May 8th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $118.50.

CF Industries Price Performance

Shares of CF stock opened at $105.73 on Monday. The stock has a market cap of $16.24 billion, a price-to-earnings ratio of 9.50 and a beta of 0.38. The business’s fifty day moving average is $116.39 and its 200 day moving average is $105.65. CF Industries Holdings, Inc. has a twelve month low of $75.42 and a twelve month high of $141.96. The company has a quick ratio of 3.15, a current ratio of 3.54 and a debt-to-equity ratio of 0.39.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $1.35. CF Industries had a return on equity of 20.93% and a net margin of 23.73%.The business had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.84 billion. During the same quarter in the prior year, the company earned $1.85 earnings per share. The firm’s quarterly revenue was up 19.4% compared to the same quarter last year. Research analysts expect that CF Industries Holdings, Inc. will post 15.6 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Friday, May 15th. CF Industries’s dividend payout ratio (DPR) is presently 17.97%.

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.