Union Bancaire Privee UBP SA Invests $8.17 Million in CF Industries Holdings, Inc. $CF

Union Bancaire Privee UBP SA purchased a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 66,898 shares of the basic materials company’s stock, valued at approximately $8,167,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Hantz Financial Services Inc. lifted its stake in shares of CF Industries by 46.3% in the 4th quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock valued at $38,000 after purchasing an additional 156 shares during the period. Stance Capital LLC bought a new stake in CF Industries during the 3rd quarter valued at about $42,000. Eagle Bay Advisors LLC bought a new stake in shares of CF Industries during the fourth quarter valued at approximately $43,000. WPG Advisers LLC raised its stake in shares of CF Industries by 69.8% in the fourth quarter. WPG Advisers LLC now owns 552 shares of the basic materials company’s stock worth $43,000 after purchasing an additional 227 shares during the last quarter. Finally, MUFG Securities EMEA plc purchased a new position in CF Industries in the 2nd quarter worth about $44,000. 93.06% of the stock is currently owned by institutional investors.

CF Industries Stock Up 0.2%

CF opened at $105.73 on Friday. The stock has a market cap of $16.24 billion, a price-to-earnings ratio of 9.50 and a beta of 0.38. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.15 and a current ratio of 3.54. The firm’s fifty day moving average is $116.39 and its 200 day moving average is $105.45. 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 issued its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $1.35. The business had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.84 billion. CF Industries had a return on equity of 20.93% and a net margin of 23.73%.CF Industries’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.85 EPS. On average, sell-side analysts forecast that CF Industries Holdings, Inc. will post 15.6 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a dividend of $0.50 per share. The ex-dividend date was Friday, May 15th. This represents a $2.00 annualized dividend and a dividend yield of 1.9%. CF Industries’s dividend payout ratio (DPR) is currently 17.97%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Weiss Ratings raised CF Industries from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 13th. Scotiabank upped their price objective on CF Industries from $115.00 to $120.00 and gave the stock a “sector perform” rating in a research note on Monday, May 11th. JPMorgan Chase & Co. raised their target price on CF Industries from $94.00 to $115.00 and gave the stock a “neutral” rating in a report on Wednesday, June 3rd. Bank of America boosted their price target on CF Industries from $103.00 to $106.00 in a report on Thursday, May 14th. Finally, UBS Group decreased their price objective on CF Industries from $140.00 to $130.00 in a research note on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, CF Industries has an average rating of “Hold” and a consensus target price of $118.50.

CF Industries Company 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.