CF Industries Holdings, Inc. $CF Shares Acquired by WBI Investments LLC

WBI Investments LLC boosted its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 164.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,396 shares of the basic materials company’s stock after acquiring an additional 5,849 shares during the quarter. WBI Investments LLC’s holdings in CF Industries were worth $864,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in CF. Planned Solutions Inc. grew its stake in shares of CF Industries by 3.5% in the second quarter. Planned Solutions Inc. now owns 3,393 shares of the basic materials company’s stock worth $312,000 after purchasing an additional 114 shares in the last quarter. Nordea Investment Management AB raised its stake in shares of CF Industries by 0.8% during the second quarter. Nordea Investment Management AB now owns 15,262 shares of the basic materials company’s stock valued at $1,395,000 after purchasing an additional 114 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in CF Industries by 1.3% in the first quarter. Nations Financial Group Inc. IA ADV now owns 8,727 shares of the basic materials company’s stock worth $682,000 after purchasing an additional 116 shares during the period. Rowlandmiller & PARTNERS.ADV grew its position in CF Industries by 4.1% in the 2nd quarter. Rowlandmiller & PARTNERS.ADV now owns 3,325 shares of the basic materials company’s stock valued at $306,000 after buying an additional 130 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in CF Industries by 7.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,838 shares of the basic materials company’s stock valued at $169,000 after buying an additional 131 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries Trading Up 0.6%

Shares of NYSE:CF opened at $81.21 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.84 and a current ratio of 3.22. The stock has a market capitalization of $12.67 billion, a price-to-earnings ratio of 10.60 and a beta of 0.89. CF Industries Holdings, Inc. has a 1-year low of $67.34 and a 1-year high of $104.45. The company has a 50 day moving average price of $86.04 and a 200 day moving average price of $88.80.

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

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, November 14th. CF Industries’s dividend payout ratio is currently 24.10%.

Analysts Set New Price Targets

CF has been the topic of a number of recent analyst reports. Mizuho dropped their price target on shares of CF Industries from $100.00 to $92.00 and set a “neutral” rating on the stock in a research report on Thursday, November 6th. Royal Bank Of Canada dropped their target price on CF Industries from $100.00 to $95.00 and set a “sector perform” rating on the stock in a report on Monday, November 10th. Bank of America increased their price target on CF Industries from $82.00 to $83.00 and gave the company an “underperform” rating in a research note on Tuesday, October 14th. JPMorgan Chase & Co. upgraded CF Industries from an “underweight” rating to a “neutral” rating and lifted their price target for the company from $75.00 to $92.00 in a research report on Tuesday, July 29th. Finally, Wall Street Zen downgraded CF Industries from a “buy” rating to a “hold” rating in a research note on Sunday. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $95.64.

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.