IFP Advisors Inc Buys 5,483 Shares of CF Industries Holdings, Inc. $CF

IFP Advisors Inc raised its stake in CF Industries Holdings, Inc. (NYSE:CFFree Report) by 460.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,673 shares of the basic materials company’s stock after purchasing an additional 5,483 shares during the quarter. IFP Advisors Inc’s holdings in CF Industries were worth $722,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of CF. Teamwork Financial Advisors LLC acquired a new position in CF Industries in the 2nd quarter valued at about $10,108,000. S&CO Inc. acquired a new stake in CF Industries during the second quarter worth approximately $2,630,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of CF Industries during the fourth quarter worth approximately $11,556,000. Twin Capital Management Inc. acquired a new position in shares of CF Industries in the fourth quarter valued at approximately $714,000. Finally, Deane Retirement Strategies Inc. increased its stake in shares of CF Industries by 27.1% during the second quarter. Deane Retirement Strategies Inc. now owns 62,022 shares of the basic materials company’s stock worth $6,708,000 after purchasing an additional 13,220 shares during the period. Institutional investors own 93.06% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on CF. Freedom Broker downgraded CF Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 26th. Freedom Capital upgraded shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. JPMorgan Chase & Co. boosted their price objective on shares of CF Industries from $94.00 to $115.00 and gave the company a “neutral” rating in a report on Wednesday, June 3rd. KeyCorp assumed coverage on shares of CF Industries in a research report on Thursday. They set an “underweight” rating and a $115.00 target price on the stock. Finally, Zacks Research cut shares of CF Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $116.47.

View Our Latest Stock Analysis on CF

CF Industries Trading Down 1.5%

CF opened at $131.12 on Tuesday. The company’s 50 day moving average is $124.31 and its 200-day moving average is $120.04. CF Industries Holdings, Inc. has a 1-year low of $75.42 and a 1-year high of $141.96. The company has a current ratio of 4.86, a quick ratio of 4.32 and a debt-to-equity ratio of 0.36. The company has a market cap of $19.84 billion, a P/E ratio of 9.72, a PEG ratio of 0.26 and a beta of 0.40.

CF Industries (NYSE:CFGet Free Report) last issued its earnings results on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.63 by ($0.90). The firm had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.45 billion. CF Industries had a return on equity of 24.41% and a net margin of 27.12%.CF Industries’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same period in the previous year, the company earned $2.37 EPS. Equities research analysts predict that CF Industries Holdings, Inc. will post 13.7 earnings per share for the current fiscal year.

CF Industries Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 14th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.8%. This is an increase from CF Industries’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Friday, August 14th. CF Industries’s payout ratio is currently 17.79%.

CF Industries Profile

(Free Report)

CF Industries Holdings, Inc is a global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and nitric acid, which are used primarily in agriculture to support crop production. Its industrial products also serve customers in areas such as emissions control, plastics, resins, chemicals and other manufacturing applications.

CF Industries operates production facilities in the United States, Canada and the United Kingdom and supplies agricultural and industrial customers in North America and international markets.

Recommended Stories

Want to see what other hedge funds are holding CF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CF Industries Holdings, Inc. (NYSE:CFFree Report).

Institutional Ownership by Quarter for CF Industries (NYSE:CF)

Receive News & Ratings for CF Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Industries and related companies with MarketBeat.com's FREE daily email newsletter.