Level Four Advisory Services LLC Acquires 2,365 Shares of CF Industries Holdings, Inc. $CF

Level Four Advisory Services LLC boosted its stake in CF Industries Holdings, Inc. (NYSE:CF) by 3.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,639 shares of the basic materials company’s stock after purchasing an additional 2,365 shares during the period. Level Four Advisory Services LLC’s holdings in CF Industries were worth $5,855,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Allianz Asset Management GmbH grew its position in shares of CF Industries by 72.1% in the 2nd quarter. Allianz Asset Management GmbH now owns 1,728,927 shares of the basic materials company’s stock valued at $159,061,000 after buying an additional 724,329 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of CF Industries in the second quarter worth approximately $63,104,000. AQR Capital Management LLC boosted its holdings in CF Industries by 113.1% in the first quarter. AQR Capital Management LLC now owns 928,701 shares of the basic materials company’s stock valued at $72,123,000 after acquiring an additional 492,846 shares during the last quarter. Ameriprise Financial Inc. increased its position in CF Industries by 16.8% during the 1st quarter. Ameriprise Financial Inc. now owns 3,275,464 shares of the basic materials company’s stock valued at $255,977,000 after purchasing an additional 470,746 shares during the period. Finally, Nuveen LLC bought a new position in CF Industries during the 1st quarter worth approximately $34,179,000. 93.06% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Barclays raised shares of CF Industries from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $95.00 to $100.00 in a research note on Wednesday, August 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CF Industries in a research report on Monday. Rothschild & Co Redburn lifted their price objective on CF Industries from $78.00 to $86.00 in a research report on Monday, November 10th. Mizuho dropped their price objective on CF Industries from $100.00 to $92.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. Finally, Wells Fargo & Company initiated coverage on CF Industries in a research report on Tuesday, November 11th. They set an “overweight” rating and a $100.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $94.33.

CF Industries Price Performance

Shares of NYSE:CF opened at $79.39 on Friday. CF Industries Holdings, Inc. has a twelve month low of $67.34 and a twelve month high of $104.45. The stock’s 50 day moving average is $84.92 and its 200-day moving average is $88.50. The company has a quick ratio of 2.84, a current ratio of 3.22 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $12.38 billion, a price-to-earnings ratio of 10.36 and a beta of 0.89.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share for the quarter, topping analysts’ consensus estimates of $2.06 by $0.13. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.59 billion. CF Industries had a net margin of 20.19% and a return on equity of 17.10%. The firm’s revenue was up 21.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.55 EPS. Sell-side analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 14th were given a $0.50 dividend. The ex-dividend date of this dividend was Friday, November 14th. This represents a $2.00 annualized dividend and a yield of 2.5%. CF Industries’s payout ratio is currently 24.10%.

About CF Industries

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.