CF Industries Holdings, Inc. $CF Holdings Raised by AustralianSuper Pty Ltd

AustralianSuper Pty Ltd boosted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 26.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,025,759 shares of the basic materials company’s stock after buying an additional 216,984 shares during the period. AustralianSuper Pty Ltd owned approximately 0.61% of CF Industries worth $94,370,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Oppenheimer Asset Management Inc. lifted its position in shares of CF Industries by 2.0% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 7,192 shares of the basic materials company’s stock worth $562,000 after acquiring an additional 142 shares during the period. Oppenheimer & Co. Inc. increased its holdings in CF Industries by 12.1% during the 1st quarter. Oppenheimer & Co. Inc. now owns 12,699 shares of the basic materials company’s stock valued at $992,000 after purchasing an additional 1,371 shares in the last quarter. Asset Management One Co. Ltd. increased its holdings in CF Industries by 3.8% during the 1st quarter. Asset Management One Co. Ltd. now owns 72,043 shares of the basic materials company’s stock valued at $5,630,000 after purchasing an additional 2,633 shares in the last quarter. Bessemer Group Inc. increased its holdings in CF Industries by 26.5% during the 1st quarter. Bessemer Group Inc. now owns 4,940 shares of the basic materials company’s stock valued at $386,000 after purchasing an additional 1,035 shares in the last quarter. Finally, Golden State Wealth Management LLC increased its holdings in CF Industries by 119.8% during the 1st quarter. Golden State Wealth Management LLC now owns 378 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 206 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries Stock Down 0.6%

Shares of CF Industries stock opened at $86.43 on Monday. The company has a quick ratio of 2.84, a current ratio of 3.22 and a debt-to-equity ratio of 0.38. CF Industries Holdings, Inc. has a 12 month low of $67.34 and a 12 month high of $104.45. The business has a fifty day simple moving average of $86.71 and a 200 day simple moving average of $87.75. The stock has a market cap of $14.00 billion, a PE ratio of 11.28 and a beta of 0.93.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, August 6th. The basic materials company reported $2.37 EPS for the quarter, topping 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 business had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.73 billion. During the same period in the previous year, the firm earned $2.30 earnings per share. The firm’s quarterly revenue was up 20.2% compared to the same quarter last year. Research analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is Friday, November 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.3%. CF Industries’s payout ratio is 26.11%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on CF shares. Zacks Research cut CF Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. The Goldman Sachs Group lowered their target price on CF Industries from $96.00 to $94.00 and set a “neutral” rating for the company in a research note on Wednesday, October 22nd. Wells Fargo & Company lifted their target price on CF Industries from $101.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. Royal Bank Of Canada set a $100.00 target price on CF Industries and gave the company a “sector perform” rating in a research note on Monday, July 14th. Finally, Scotiabank reissued a “sector perform” rating and issued a $82.00 target price (up from $81.00) on shares of CF Industries in a research note on Monday, August 11th. Three equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $97.54.

About CF Industries

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.