Sippican Capital Advisors Purchases 970 Shares of CF Industries Holdings, Inc. $CF

Sippican Capital Advisors raised its position in CF Industries Holdings, Inc. (NYSE:CF) by 7.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,504 shares of the basic materials company’s stock after acquiring an additional 970 shares during the quarter. Sippican Capital Advisors’ holdings in CF Industries were worth $1,334,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Nations Financial Group Inc. IA ADV lifted its holdings in CF Industries by 1.3% in the first quarter. Nations Financial Group Inc. IA ADV now owns 8,727 shares of the basic materials company’s stock valued at $682,000 after acquiring an additional 116 shares during the period. Rowlandmiller & PARTNERS.ADV lifted its holdings in CF Industries by 4.1% in the second quarter. Rowlandmiller & PARTNERS.ADV now owns 3,325 shares of the basic materials company’s stock valued at $306,000 after acquiring an additional 130 shares during the period. Farther Finance Advisors LLC lifted its holdings in CF Industries by 7.7% in the second quarter. Farther Finance Advisors LLC now owns 1,838 shares of the basic materials company’s stock valued at $169,000 after acquiring an additional 131 shares during the period. Oppenheimer Asset Management Inc. lifted its holdings in CF Industries by 2.0% in the first quarter. Oppenheimer Asset Management Inc. now owns 7,192 shares of the basic materials company’s stock valued at $562,000 after acquiring an additional 142 shares during the period. Finally, Alps Advisors Inc. lifted its holdings in CF Industries by 3.5% in the first quarter. Alps Advisors Inc. now owns 4,624 shares of the basic materials company’s stock valued at $361,000 after acquiring an additional 158 shares during the period. Institutional investors own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

CF has been the topic of a number of recent research reports. Wall Street Zen raised CF Industries from a “hold” rating to a “buy” rating in a report on Friday, September 5th. UBS Group decreased their price objective on CF Industries from $101.00 to $96.00 and set a “neutral” rating on the stock in a research note on Monday, October 6th. Bank of America reaffirmed an “underperform” rating and issued a $82.00 price objective (down previously from $93.00) on shares of CF Industries in a research note on Thursday, August 14th. BNP Paribas downgraded CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Finally, Wells Fargo & Company decreased their price objective on CF Industries from $108.00 to $101.00 and set an “overweight” rating on the stock in a research note on Monday, August 11th. Three analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $95.14.

CF Industries Stock Down 1.4%

Shares of CF opened at $87.33 on Friday. The business’s 50 day moving average is $86.91 and its 200 day moving average is $86.94. The company has a market capitalization of $14.14 billion, a PE ratio of 11.40 and a beta of 0.93. CF Industries Holdings, Inc. has a 12-month low of $67.34 and a 12-month high of $104.45. The company has a current ratio of 3.22, a quick ratio of 2.84 and a debt-to-equity ratio of 0.38.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, August 6th. The basic materials company reported $2.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.35 by $0.02. The company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.73 billion. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The firm’s quarterly revenue was up 20.2% on a year-over-year basis. During the same quarter last year, the company earned $2.30 EPS. Research analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, November 14th. CF Industries’s dividend payout ratio (DPR) is 26.11%.

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.