Cookson Peirce & Co. Inc. Increases Holdings in CF Industries Holdings, Inc. $CF

Cookson Peirce & Co. Inc. lifted its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 21.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,473 shares of the basic materials company’s stock after acquiring an additional 1,296 shares during the quarter. Cookson Peirce & Co. Inc.’s holdings in CF Industries were worth $688,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of CF. Pacer Advisors Inc. lifted its stake in CF Industries by 8,352.8% in the 1st quarter. Pacer Advisors Inc. now owns 1,451,338 shares of the basic materials company’s stock valued at $113,422,000 after buying an additional 1,434,168 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in CF Industries by 72.8% in the 1st quarter. Bank of New York Mellon Corp now owns 2,278,354 shares of the basic materials company’s stock valued at $178,053,000 after buying an additional 959,901 shares in the last quarter. Allianz Asset Management GmbH lifted its stake in 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 in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in CF Industries in the 2nd quarter valued at approximately $63,104,000. Finally, AQR Capital Management LLC lifted its stake in CF Industries by 113.1% in the 1st quarter. AQR Capital Management LLC now owns 928,701 shares of the basic materials company’s stock valued at $72,123,000 after buying an additional 492,846 shares in 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 equities research analysts recently issued reports on CF shares. BNP Paribas lowered CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of CF Industries in a research note on Tuesday, October 14th. Royal Bank Of Canada set a $100.00 target price on CF Industries and gave the company a “sector perform” rating in a research note on Monday, July 14th. Scotiabank reaffirmed a “sector perform” rating and issued a $82.00 target price (up previously from $81.00) on shares of CF Industries in a research note on Monday, August 11th. Finally, Wall Street Zen raised CF Industries from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Three analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $96.92.

CF Industries Trading Up 3.3%

Shares of CF Industries stock opened at $86.01 on Thursday. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $104.45. The firm has a market cap of $13.93 billion, a PE ratio of 11.23 and a beta of 0.93. The business’s fifty day moving average is $86.66 and its two-hundred day moving average is $87.27. The company has a quick ratio of 2.84, a current ratio of 3.22 and a debt-to-equity ratio of 0.38.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, August 6th. The basic materials company reported $2.37 earnings per share for the quarter, topping analysts’ consensus estimates of $2.35 by $0.02. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.73 billion. During the same quarter in the prior year, the company posted $2.30 EPS. The business’s revenue for the quarter was up 20.2% compared to the same quarter last year. Analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, November 14th. CF Industries’s dividend payout ratio is presently 26.11%.

CF Industries 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.