Cambridge Investment Research Advisors Inc. Acquires 3,196 Shares of CF Industries Holdings, Inc. (CF)
Cambridge Investment Research Advisors Inc. raised its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 21.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,911 shares of the basic materials company’s stock after purchasing an additional 3,196 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in CF Industries Holdings were worth $630,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. Saratoga Research & Investment Management purchased a new position in shares of CF Industries Holdings during the third quarter valued at approximately $108,000. Ffcm LLC raised its stake in CF Industries Holdings by 218.4% during the second quarter. Ffcm LLC now owns 4,041 shares of the basic materials company’s stock worth $118,000 after purchasing an additional 2,772 shares during the period. Pacad Investment Ltd. purchased a new position in CF Industries Holdings during the second quarter worth approximately $126,000. BT Investment Management Ltd purchased a new position in CF Industries Holdings during the second quarter worth approximately $126,000. Finally, Pacer Advisors Inc. raised its stake in CF Industries Holdings by 8.3% during the second quarter. Pacer Advisors Inc. now owns 4,648 shares of the basic materials company’s stock worth $130,000 after purchasing an additional 355 shares during the period.
A number of equities research analysts recently weighed in on CF shares. Zacks Investment Research raised shares of CF Industries Holdings from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a report on Wednesday, October 25th. UBS AG reaffirmed a “buy” rating and set a $40.00 price target (up from $33.00) on shares of CF Industries Holdings in a report on Wednesday, October 4th. Piper Jaffray Companies reaffirmed a “hold” rating and set a $28.00 price target on shares of CF Industries Holdings in a report on Tuesday, September 5th. Credit Suisse Group set a $30.00 price target on shares of CF Industries Holdings and gave the company a “hold” rating in a report on Friday, August 4th. Finally, began coverage on shares of CF Industries Holdings in a report on Wednesday, October 11th. They set a “hold” rating and a $36.30 price target for the company. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. CF Industries Holdings has a consensus rating of “Hold” and a consensus target price of $34.74.
CF Industries Holdings, Inc. (NYSE:CF) opened at $35.94 on Friday. The company has a quick ratio of 1.51, a current ratio of 1.71 and a debt-to-equity ratio of 0.80. CF Industries Holdings, Inc. has a 52 week low of $25.04 and a 52 week high of $39.32.
CF Industries Holdings (NYSE:CF) last released its earnings results on Wednesday, November 1st. The basic materials company reported ($0.39) earnings per share for the quarter, missing the consensus estimate of ($0.35) by ($0.04). The firm had revenue of $870.00 million during the quarter, compared to analysts’ expectations of $733.63 million. CF Industries Holdings had a negative return on equity of 2.29% and a negative net margin of 10.95%. The business’s revenue was up 27.9% on a year-over-year basis. During the same period last year, the business earned $0.13 earnings per share. research analysts expect that CF Industries Holdings, Inc. will post -0.35 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.34%. The ex-dividend date is Tuesday, November 14th. CF Industries Holdings’s dividend payout ratio (DPR) is currently -65.57%.
In related news, VP Bert A. Frost sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $36.50, for a total transaction of $273,750.00. Following the completion of the sale, the vice president now directly owns 67,232 shares in the company, valued at $2,453,968. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.00% of the company’s stock.
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CF Industries Holdings Company Profile
CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizer, and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).
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