Olympiad Research LP Takes Position in CF Industries Holdings, Inc. $CF

Olympiad Research LP bought a new position in CF Industries Holdings, Inc. (NYSE:CF) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,571 shares of the basic materials company’s stock, valued at approximately $237,000.

Several other large investors have also made changes to their positions in CF. Trust Co. of Toledo NA OH acquired a new stake in shares of CF Industries in the second quarter worth about $26,000. Zions Bancorporation National Association UT acquired a new position in shares of CF Industries during the first quarter valued at about $27,000. TCTC Holdings LLC lifted its position in shares of CF Industries by 114.1% in the 1st quarter. TCTC Holdings LLC now owns 379 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 202 shares during the period. Summit Securities Group LLC bought a new stake in CF Industries in the 1st quarter valued at $50,000. Finally, Allworth Financial LP raised its position in CF Industries by 123.0% in the second quarter. Allworth Financial LP now owns 611 shares of the basic materials company’s stock worth $56,000 after purchasing an additional 337 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries Price Performance

CF stock opened at $84.41 on Friday. CF Industries Holdings, Inc. has a 12 month low of $67.34 and a 12 month high of $104.45. The company’s 50-day moving average price is $86.17 and its two-hundred day moving average price is $88.61. The company has a quick ratio of 2.84, a current ratio of 3.22 and a debt-to-equity ratio of 0.38. The firm has a market cap of $13.17 billion, a P/E ratio of 11.02 and a beta of 0.89.

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

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be paid a $0.50 dividend. The ex-dividend date is Friday, November 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.4%. CF Industries’s payout ratio is currently 24.10%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on CF shares. Wolfe Research raised shares of CF Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. UBS Group dropped their price target on shares of CF Industries from $96.00 to $91.00 and set a “neutral” rating for the company in a research note on Thursday, November 6th. Zacks Research cut CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. Mizuho lowered their price target on CF Industries from $100.00 to $92.00 and set a “neutral” rating for the company in a report on Thursday, November 6th. Finally, HSBC dropped their target price on shares of CF Industries from $104.00 to $95.00 and set a “hold” rating on the stock in a report on Monday, September 15th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $96.38.

CF Industries Company 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.