United Capital Financial Advisors LLC bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 10,046 shares of the basic materials company’s stock, valued at approximately $1,088,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Himension Capital Singapore PTE. LTD. bought a new position in shares of CF Industries during the 1st quarter worth approximately $25,000. Virtus Advisers LLC bought a new position in CF Industries in the second quarter valued at $25,000. Keating Financial Advisory Services Inc. bought a new position in CF Industries in the second quarter valued at $29,000. Altshuler Shaham Ltd increased its stake in CF Industries by 36.6% in the 1st quarter. Altshuler Shaham Ltd now owns 418 shares of the basic materials company’s stock valued at $54,000 after buying an additional 112 shares during the last quarter. Finally, Elevation Wealth Partners LLC increased its stake in CF Industries by 39.6% in the 2nd quarter. Elevation Wealth Partners LLC now owns 430 shares of the basic materials company’s stock valued at $47,000 after buying an additional 122 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.
Wall Street Analysts Forecast Growth
CF has been the subject of a number of recent research reports. Freedom Capital upgraded shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. Berenberg Bank upped their target price on CF Industries from $86.00 to $106.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Weiss Ratings cut CF Industries from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. BMO Capital Markets decreased their price target on CF Industries from $140.00 to $135.00 and set an “outperform” rating for the company in a research note on Tuesday, June 30th. Finally, Royal Bank Of Canada lowered their price target on CF Industries from $125.00 to $115.00 and set a “sector perform” rating on the stock in a research report on Friday, July 17th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $116.56.
CF Industries Trading Up 0.0%
CF stock opened at $125.75 on Friday. CF Industries Holdings, Inc. has a one year low of $75.42 and a one year high of $141.96. The stock has a market cap of $19.03 billion, a price-to-earnings ratio of 9.32, a price-to-earnings-growth ratio of 0.25 and a beta of 0.39. The company has a fifty day moving average price of $118.18 and a two-hundred day moving average price of $116.87. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.86 and a quick ratio of 4.32.
CF Industries (NYSE:CF – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share for the quarter, missing the consensus estimate of $5.63 by ($0.90). The company had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.45 billion. CF Industries had a net margin of 27.12% and a return on equity of 24.41%. CF Industries’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the previous year, the company earned $2.37 earnings per share. Equities analysts anticipate that CF Industries Holdings, Inc. will post 13.7 EPS for the current year.
CF Industries Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.40 annualized dividend and a yield of 1.9%. This is an increase from CF Industries’s previous quarterly dividend of $0.50. CF Industries’s payout ratio is currently 17.79%.
CF Industries News Roundup
Here are the key news stories impacting CF Industries this week:
- Positive Sentiment: CF Industries and its partners broke ground on the roughly $3.7 billion Blue Point One low-carbon ammonia plant in Louisiana. The project is designed to produce approximately 1.4 million metric tons annually, with production targeted for 2029. It could strengthen domestic fertilizer supply while positioning CF in the emerging lower-carbon ammonia market. CF Industries and Partners Break Ground on Low-Carbon Ammonia Plant
- Positive Sentiment: Investor Kevin Simpson disclosed that he is buying more CF Industries, describing the fertilizer producer as an attractive way to participate in U.S. reindustrialization. His endorsement may support sentiment around CF’s valuation, domestic manufacturing exposure and expected demand for nitrogen products. Kevin Simpson is buying this play on America’s reindustrialization at a very attractive price
- Positive Sentiment: Coverage contrasted CF’s progress with setbacks affecting Woodside’s blue-ammonia project, highlighting CF’s ability to advance its own lower-carbon ammonia strategy. Woodside blue ammonia plant stumbles, though CF moves ahead
- Neutral Sentiment: The Louisiana project represents a major multiyear capital commitment, so investors will likely monitor construction costs, financing, regulatory support and whether low-carbon ammonia demand develops as expected before the planned 2029 startup. CF Industries and partners break ground on Louisiana ammonia plant
CF Industries Company Profile
CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.
Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.
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