Fielder Capital Group LLC Invests $230,000 in CF Industries Holdings, Inc. $CF

Fielder Capital Group LLC acquired a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) in the second quarter, Holdings Channel reports. The institutional investor acquired 2,500 shares of the basic materials company’s stock, valued at approximately $230,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of CF Industries by 1.5% during the first quarter. Vanguard Group Inc. now owns 21,040,601 shares of the basic materials company’s stock worth $1,644,323,000 after acquiring an additional 319,343 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of CF Industries by 4.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 6,055,283 shares of the basic materials company’s stock worth $473,220,000 after buying an additional 262,944 shares during the last quarter. Invesco Ltd. lifted its stake in shares of CF Industries by 4.4% in the 1st quarter. Invesco Ltd. now owns 5,708,643 shares of the basic materials company’s stock worth $446,130,000 after acquiring an additional 240,756 shares during the period. Boston Partners lifted its holdings in shares of CF Industries by 9.3% in the 1st 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 period. Finally, Ameriprise Financial Inc. grew its stake in shares of 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 worth $255,977,000 after purchasing an additional 470,746 shares during the period. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on CF shares. Scotiabank reaffirmed a “sector perform” rating and set a $82.00 price target (up previously from $81.00) on shares of CF Industries in a research note on Monday, August 11th. UBS Group reduced their price objective on CF Industries from $101.00 to $96.00 and set a “neutral” rating for the company in a research report on Monday, October 6th. Barclays upgraded CF Industries from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $95.00 to $100.00 in a research report on Wednesday, August 13th. BNP Paribas lowered shares of CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Finally, Royal Bank Of Canada set a $100.00 price target on CF Industries and gave the company a “sector perform” rating in a report on Monday, July 14th. Three investment 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’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $97.54.

CF Industries Stock Performance

Shares of NYSE CF opened at $86.43 on Friday. The business’s 50-day simple moving average is $86.71 and its 200-day simple moving average is $87.63. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.84 and a current ratio of 3.22. CF Industries Holdings, Inc. has a 52 week low of $67.34 and a 52 week high of $104.45. The firm has a market cap of $14.00 billion, a price-to-earnings ratio of 11.28 and a beta of 0.93.

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, beating analysts’ consensus estimates of $2.35 by $0.02. CF Industries had a net margin of 20.19% and a return on equity of 17.10%. The firm had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.73 billion. During the same period in the prior year, the firm earned $2.30 EPS. The business’s revenue was up 20.2% on a year-over-year basis. As a group, equities research analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, November 14th. CF Industries’s dividend payout ratio is currently 26.11%.

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.