WBI Investments LLC Has $864,000 Holdings in CF Industries Holdings, Inc. $CF

WBI Investments LLC lifted its position in CF Industries Holdings, Inc. (NYSE:CF) by 164.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor 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 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cerity Partners LLC lifted its holdings in shares of CF Industries by 31.2% in the first quarter. Cerity Partners LLC now owns 17,208 shares of the basic materials company’s stock valued at $1,345,000 after purchasing an additional 4,089 shares in the last quarter. Kestra Private Wealth Services LLC raised its position in CF Industries by 29.5% during the first quarter. Kestra Private Wealth Services LLC now owns 4,144 shares of the basic materials company’s stock valued at $324,000 after buying an additional 945 shares during the period. Allianz Asset Management GmbH lifted its stake in CF Industries by 21.4% in the 1st quarter. Allianz Asset Management GmbH now owns 1,004,598 shares of the basic materials company’s stock worth $78,509,000 after acquiring an additional 177,191 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in CF Industries by 46.2% during the 1st quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 271,257 shares of the basic materials company’s stock worth $21,199,000 after acquiring an additional 85,702 shares during the period. Finally, Fractal Investments LLC boosted its position in CF Industries by 88.2% during the 1st quarter. Fractal Investments LLC now owns 9,600 shares of the basic materials company’s stock worth $750,000 after acquiring an additional 4,500 shares during the period. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on CF shares. HSBC reduced their price target on shares of CF Industries from $104.00 to $95.00 and set a “hold” rating for the company in a research report on Monday, September 15th. Scotiabank upped their price objective on shares of CF Industries from $82.00 to $90.00 and gave the company a “sector perform” rating in a research note on Monday, November 10th. Mizuho cut their target price on shares of CF Industries from $100.00 to $92.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. Wolfe Research raised shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. Finally, The Goldman Sachs Group dropped their price target on shares of CF Industries from $96.00 to $94.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 22nd. One equities research 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 issued a Sell rating to the company’s stock. According to MarketBeat, CF Industries presently has a consensus rating of “Hold” and an average price target of $95.64.

CF Industries Price Performance

NYSE CF opened at $81.21 on Wednesday. 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 stock has a market capitalization of $12.67 billion, a PE ratio of 10.60 and a beta of 0.89. CF Industries Holdings, Inc. has a 12-month low of $67.34 and a 12-month high of $104.45. The company has a 50 day moving average price of $86.04 and a two-hundred day moving average price of $88.80.

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

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Shareholders 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 yield of 2.5%. The ex-dividend date is Friday, November 14th. CF Industries’s dividend payout ratio (DPR) is 24.10%.

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.