Qtron Investments LLC Invests $835,000 in CF Industries Holdings, Inc. $CF

Qtron Investments LLC bought a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 9,080 shares of the basic materials company’s stock, valued at approximately $835,000.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of CF Industries by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 21,040,601 shares of the basic materials company’s stock valued at $1,644,323,000 after purchasing an additional 319,343 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of CF Industries by 4.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 6,055,283 shares of the basic materials company’s stock worth $473,220,000 after purchasing an additional 262,944 shares during the last quarter. Invesco Ltd. grew its stake in shares of CF Industries by 4.4% during the first quarter. Invesco Ltd. now owns 5,708,643 shares of the basic materials company’s stock worth $446,130,000 after purchasing an additional 240,756 shares in the last quarter. Boston Partners increased its holdings in CF Industries by 9.3% in the first quarter. Boston Partners now owns 3,623,708 shares of the basic materials company’s stock valued at $283,169,000 after buying an additional 307,092 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in CF Industries by 16.8% in the first quarter. Ameriprise Financial Inc. now owns 3,275,464 shares of the basic materials company’s stock valued at $255,977,000 after buying an additional 470,746 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Rothschild & Co Redburn lifted their price target on CF Industries from $78.00 to $86.00 in a report on Monday, November 10th. HSBC decreased their target price on CF Industries from $95.00 to $91.00 and set a “hold” rating for the company in a research note on Monday, November 24th. Bank of America increased their price target on shares of CF Industries from $82.00 to $83.00 and gave the company an “underperform” rating in a research note on Tuesday, October 14th. Barclays raised shares of CF Industries from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $95.00 to $100.00 in a report on Wednesday, August 13th. Finally, Wall Street Zen upgraded shares of CF Industries from a “hold” rating to a “buy” rating in a report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $93.88.

CF Industries Price Performance

Shares of NYSE CF opened at $77.84 on Friday. The stock has a market cap of $12.14 billion, a P/E ratio of 9.38 and a beta of 0.68. CF Industries Holdings, Inc. has a twelve month low of $67.34 and a twelve month high of $104.45. The stock has a 50 day moving average of $83.92 and a two-hundred day moving average of $88.23. The company has a current ratio of 2.27, a quick ratio of 1.99 and a debt-to-equity ratio of 0.39.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.06 by $0.13. The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.59 billion. CF Industries had a net margin of 20.47% and a return on equity of 18.14%. The company’s revenue for the quarter was up 21.1% compared to the same quarter last year. During the same period last year, the firm posted $1.55 earnings per share. On average, research analysts forecast that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 14th were paid a $0.50 dividend. The ex-dividend date was Friday, November 14th. This represents a $2.00 dividend on an annualized basis and a yield of 2.6%. CF Industries’s payout ratio is currently 24.10%.

CF Industries Company Profile

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.