ASR Vermogensbeheer N.V. Boosts Stake in CF Industries Holdings, Inc. $CF

ASR Vermogensbeheer N.V. raised its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 1.1% during the second quarter, Holdings Channel.com reports. The firm owned 31,898 shares of the basic materials company’s stock after purchasing an additional 353 shares during the period. ASR Vermogensbeheer N.V.’s holdings in CF Industries were worth $2,935,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CF. Wealth Enhancement Advisory Services LLC raised its position in CF Industries by 46.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,839 shares of the basic materials company’s stock valued at $584,000 after purchasing an additional 2,159 shares during the period. Rhumbline Advisers raised its holdings in shares of CF Industries by 7.1% in the 1st quarter. Rhumbline Advisers now owns 371,293 shares of the basic materials company’s stock valued at $29,016,000 after buying an additional 24,543 shares during the period. Merit Financial Group LLC purchased a new stake in shares of CF Industries in the 1st quarter valued at $315,000. Curat Global LLC purchased a new stake in shares of CF Industries in the 1st quarter valued at $25,000. Finally, Joule Financial LLC purchased a new stake in shares of CF Industries in the 1st quarter valued at $538,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on CF shares. Royal Bank Of Canada set a $100.00 target price on CF Industries and gave the stock a “sector perform” rating in a research note on Monday, July 14th. Wells Fargo & Company lowered their price objective on CF Industries from $108.00 to $101.00 and set an “overweight” rating for the company in a research report on Monday, August 11th. UBS Group lowered their price objective on CF Industries from $103.00 to $101.00 and set a “neutral” rating for the company in a research report on Thursday, August 7th. Wolfe Research cut CF Industries from an “outperform” rating to a “peer perform” rating in a research report on Thursday, June 12th. Finally, Zacks Research cut CF Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Three equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $95.00.

CF Industries Price Performance

Shares of NYSE:CF opened at $90.08 on Friday. The business’s fifty day moving average price is $87.19 and its two-hundred day moving average price is $86.40. The stock has a market cap of $14.59 billion, a PE ratio of 11.76 and a beta of 0.93. 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 one year low of $67.34 and a one year high of $104.45.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, August 6th. The basic materials company reported $2.37 EPS for the quarter, beating 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 firm had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.73 billion. During the same quarter in the prior year, the firm earned $2.30 EPS. CF Industries’s quarterly revenue was up 20.2% on a year-over-year basis. On average, analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently announced 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. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, November 14th. CF Industries’s payout ratio is presently 26.11%.

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.