Jupiter Asset Management Ltd. raised its position in CF Industries Holdings, Inc. (NYSE:CF – Free Report) by 8.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,200 shares of the basic materials company’s stock after acquiring an additional 3,974 shares during the period. Jupiter Asset Management Ltd.’s holdings in CF Industries were worth $3,484,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently bought and sold shares of the company. Private Advisor Group LLC boosted its stake in CF Industries by 58.2% in the second quarter. Private Advisor Group LLC now owns 6,722 shares of the basic materials company’s stock valued at $467,000 after acquiring an additional 2,474 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in CF Industries by 0.4% in the second quarter. Charles Schwab Investment Management Inc. now owns 1,050,803 shares of the basic materials company’s stock valued at $72,947,000 after acquiring an additional 3,930 shares in the last quarter. Beverly Hills Private Wealth LLC raised its holdings in shares of CF Industries by 92.8% in the second quarter. Beverly Hills Private Wealth LLC now owns 21,304 shares of the basic materials company’s stock worth $1,731,000 after buying an additional 10,257 shares during the last quarter. Humankind Investments LLC raised its holdings in shares of CF Industries by 65.8% in the second quarter. Humankind Investments LLC now owns 16,620 shares of the basic materials company’s stock worth $1,154,000 after buying an additional 6,598 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of CF Industries by 5.7% in the second quarter. Dimensional Fund Advisors LP now owns 2,518,634 shares of the basic materials company’s stock worth $174,867,000 after buying an additional 136,367 shares during the last quarter. 90.63% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on CF. Scotiabank cut shares of CF Industries from a “sector outperform” rating to a “sector perform” rating in a report on Monday, November 6th. UBS Group raised their price target on shares of CF Industries from $95.00 to $99.00 and gave the stock a “buy” rating in a report on Tuesday, September 26th. Stifel Nicolaus raised their price target on shares of CF Industries from $88.00 to $89.00 and gave the stock a “hold” rating in a report on Wednesday, October 4th. Mizuho raised their price target on shares of CF Industries from $83.00 to $86.00 and gave the stock a “neutral” rating in a report on Friday, August 4th. Finally, Morgan Stanley raised their price target on shares of CF Industries from $70.00 to $85.00 and gave the stock an “equal weight” rating in a report on Monday, August 7th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $92.44.
CF Industries Stock Down 3.3 %
Shares of NYSE CF opened at $77.46 on Friday. The company’s 50-day simple moving average is $82.21 and its 200-day simple moving average is $76.14. CF Industries Holdings, Inc. has a 52-week low of $60.08 and a 52-week high of $109.79. The firm has a market cap of $14.80 billion, a price-to-earnings ratio of 7.21, a price-to-earnings-growth ratio of 1.66 and a beta of 0.98. The company has a quick ratio of 4.18, a current ratio of 4.52 and a debt-to-equity ratio of 0.36.
CF Industries (NYSE:CF – Get Free Report) last announced its earnings results on Wednesday, November 1st. The basic materials company reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.02 by ($0.17). The company had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.29 billion. CF Industries had a net margin of 27.53% and a return on equity of 25.77%. The firm’s revenue for the quarter was down 45.2% compared to the same quarter last year. During the same quarter last year, the business earned $2.55 EPS. Equities analysts predict that CF Industries Holdings, Inc. will post 8.06 EPS for the current fiscal year.
CF Industries Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Wednesday, November 15th will be given a dividend of $0.40 per share. The ex-dividend date is Tuesday, November 14th. This represents a $1.60 dividend on an annualized basis and a yield of 2.07%. CF Industries’s payout ratio is presently 14.88%.
CF Industries Profile
CF Industries Holdings, Inc manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide. Its principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products; and compound fertilizer products with nitrogen, phosphorus, and potassium.
Recommended Stories
- Five stocks we like better than CF Industries
- Compound Interest and Why It Matters When Investing
- S&P 500’s Whirlwind: Big gains, warning whispers & tactical moves
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- MarketBeat Week in Review – 11/13 – 11/17
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- 3 large caps with red hot RSIs with upside
Receive News & Ratings for CF Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Industries and related companies with MarketBeat.com's FREE daily email newsletter.