Sanctuary Advisors LLC Purchases New Shares in CF Industries Holdings, Inc. $CF

Sanctuary Advisors LLC acquired a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 13,556 shares of the basic materials company’s stock, valued at approximately $1,468,000.

A number of other hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of CF Industries in the 2nd quarter worth about $1,410,607,000. Dimensional Fund Advisors LP raised its position in CF Industries by 3.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,458,907 shares of the basic materials company’s stock worth $579,062,000 after purchasing an additional 146,682 shares during the period. Boston Partners lifted its stake in CF Industries by 15.3% in the third quarter. Boston Partners now owns 3,587,999 shares of the basic materials company’s stock worth $321,852,000 after purchasing an additional 476,769 shares during the last quarter. Invesco Ltd. lifted its stake in CF Industries by 12.0% in the fourth quarter. Invesco Ltd. now owns 3,570,249 shares of the basic materials company’s stock worth $276,123,000 after purchasing an additional 381,716 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of CF Industries by 0.4% during the second quarter. Ameriprise Financial Inc. now owns 3,287,256 shares of the basic materials company’s stock valued at $302,428,000 after buying an additional 11,792 shares during the period. Institutional investors own 93.06% of the company’s stock.

CF Industries Stock Performance

CF Industries stock opened at $125.71 on Thursday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.32 and a current ratio of 4.86. The company has a market capitalization of $19.02 billion, a PE ratio of 9.32, a P/E/G ratio of 0.25 and a beta of 0.39. The company has a 50 day moving average price of $117.27 and a 200-day moving average price of $116.58. CF Industries Holdings, Inc. has a fifty-two week low of $75.42 and a fifty-two week high of $141.96.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.63 by ($0.90). The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.45 billion. CF Industries had a return on equity of 24.41% and a net margin of 27.12%.The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period last year, the company earned $2.37 EPS. As a group, equities analysts forecast that CF Industries Holdings, Inc. will post 13.7 earnings per share for the current year.

CF Industries Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, August 14th. This is a positive change from CF Industries’s previous quarterly dividend of $0.50. CF Industries’s dividend payout ratio is currently 17.79%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on CF. Morgan Stanley cut their target price on CF Industries from $135.00 to $115.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 7th. Canadian Imperial Bank of Commerce restated a “neutral” rating and set a $129.00 price objective on shares of CF Industries in a report on Friday, July 24th. The Goldman Sachs Group cut their price objective on CF Industries from $133.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 23rd. Bank of America increased their target price on CF Industries from $103.00 to $106.00 in a research note on Thursday, May 14th. Finally, Zacks Research lowered 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 assigned a Hold rating and three have given a Sell rating to the stock. According to 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.