NewSquare Capital LLC Acquires 4,936 Shares of CF Industries Holdings, Inc. $CF

NewSquare Capital LLC lifted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 5.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 100,605 shares of the basic materials company’s stock after purchasing an additional 4,936 shares during the period. NewSquare Capital LLC owned 0.06% of CF Industries worth $9,256,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Planned Solutions Inc. grew its holdings in shares of CF Industries by 3.5% during 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 during the last quarter. Nordea Investment Management AB grew its holdings 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 worth $1,395,000 after purchasing an additional 114 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its holdings in shares of CF Industries by 1.3% during 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 last quarter. Rowlandmiller & PARTNERS.ADV grew its holdings in shares of CF Industries by 4.1% during the second quarter. Rowlandmiller & PARTNERS.ADV now owns 3,325 shares of the basic materials company’s stock worth $306,000 after purchasing an additional 130 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of CF Industries by 7.7% during the second quarter. Farther Finance Advisors LLC now owns 1,838 shares of the basic materials company’s stock worth $169,000 after purchasing an additional 131 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. HSBC cut their price target on CF Industries from $104.00 to $95.00 and set a “hold” rating on the stock in a research note on Monday, September 15th. Zacks Research lowered CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. Barclays raised CF Industries from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $95.00 to $100.00 in a research note on Wednesday, August 13th. JPMorgan Chase & Co. raised CF Industries from an “underweight” rating to a “neutral” rating and upped their price target for the company from $75.00 to $92.00 in a research note on Tuesday, July 29th. Finally, 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. Three equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, CF Industries currently has a consensus rating of “Hold” and a consensus target price of $97.54.

CF Industries Trading Up 1.4%

NYSE:CF opened at $84.42 on Tuesday. CF Industries Holdings, Inc. has a 1-year low of $67.34 and a 1-year high of $104.45. The business’s 50-day moving average price is $86.60 and its two-hundred day moving average price is $88.37. The company has a current ratio of 3.22, a quick ratio of 2.84 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $13.67 billion, a price-to-earnings ratio of 11.02 and a beta of 0.93.

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

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.4%. CF Industries’s dividend payout ratio (DPR) is currently 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.