CF Industries Holdings Inc. (CF) Shares Bought by First Trust Advisors LP
First Trust Advisors LP increased its stake in shares of CF Industries Holdings Inc. (NYSE:CF) by 352.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 620,284 shares of the company’s stock after buying an additional 483,070 shares during the period. First Trust Advisors LP owned approximately 0.27% of CF Industries Holdings worth $15,104,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Pacer Advisors Inc. raised its position in shares of CF Industries Holdings by 7.7% in the second quarter. Pacer Advisors Inc. now owns 4,204 shares of the company’s stock valued at $101,000 after buying an additional 301 shares during the last quarter. Tower Research Capital LLC TRC raised its position in CF Industries Holdings by 778.9% in the second quarter. Tower Research Capital LLC TRC now owns 6,293 shares of the company’s stock worth $151,000 after buying an additional 5,577 shares in the last quarter. Point72 Asia Hong Kong Ltd raised its position in CF Industries Holdings by 1,200.0% in the second quarter. Point72 Asia Hong Kong Ltd now owns 7,800 shares of the company’s stock worth $188,000 after buying an additional 7,200 shares in the last quarter. Candriam Luxembourg S.C.A. raised its position in CF Industries Holdings by 28.4% in the second quarter. Candriam Luxembourg S.C.A. now owns 9,175 shares of the company’s stock worth $221,000 after buying an additional 2,030 shares in the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund acquired a new position in CF Industries Holdings during the second quarter worth approximately $227,000. 98.73% of the stock is currently owned by institutional investors.
Shares of CF Industries Holdings Inc. (NYSE:CF) traded down 0.88% during midday trading on Monday, hitting $28.30. The stock had a trading volume of 1,871,919 shares. The firm has a market cap of $6.60 billion, a price-to-earnings ratio of 94.33 and a beta of 1.32. CF Industries Holdings Inc. has a 12 month low of $20.77 and a 12 month high of $46.75. The stock’s 50 day moving average price is $25.40 and its 200 day moving average price is $25.63.
CF Industries Holdings (NYSE:CF) last released its quarterly earnings data on Wednesday, November 2nd. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.02 by $0.11. CF Industries Holdings had a return on equity of 5.94% and a net margin of 1.77%. The company earned $680 million during the quarter, compared to the consensus estimate of $805.58 million. During the same period last year, the company earned $0.39 EPS. CF Industries Holdings’s revenue for the quarter was down 26.7% on a year-over-year basis. On average, equities analysts forecast that CF Industries Holdings Inc. will post $0.78 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 30th. Investors of record on Tuesday, November 15th will be issued a $0.30 dividend. The ex-dividend date is Thursday, November 10th. This represents a $1.20 annualized dividend and a yield of 4.23%. CF Industries Holdings’s payout ratio is 413.79%.
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A number of research firms recently commented on CF. Credit Suisse Group AG set a $26.00 price target on shares of CF Industries Holdings and gave the stock a “buy” rating in a research report on Sunday, September 18th. Morgan Stanley set a $24.00 price target on shares of CF Industries Holdings and gave the stock a “hold” rating in a research report on Friday, August 5th. Vetr lowered shares of CF Industries Holdings from a “strong-buy” rating to a “buy” rating and set a $28.44 price target on the stock. in a research report on Wednesday, November 9th. BMO Capital Markets reaffirmed a “buy” rating and set a $28.00 price target on shares of CF Industries Holdings in a research report on Friday, August 5th. Finally, Atlantic Securities lowered shares of CF Industries Holdings from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $35.00 to $24.00 in a research report on Friday, August 5th. Seven equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $27.79.
About CF Industries Holdings
CF Industries Holdings, Inc is the manufacturer and distributor of nitrogen fertilizer and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to its industrial customers, and compound fertilizer products (NPKs).
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