9,893 Shares in CF Industries Holdings, Inc. $CF Acquired by Impax Asset Management Group plc

Impax Asset Management Group plc acquired a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,893 shares of the basic materials company’s stock, valued at approximately $910,000.

Several other institutional investors and hedge funds also recently made changes to their positions in CF. Trust Co. of Toledo NA OH bought a new position in CF Industries during the 2nd quarter valued at about $26,000. Zions Bancorporation National Association UT acquired a new stake in shares of CF Industries during the first quarter worth approximately $27,000. TCTC Holdings LLC raised its stake in shares of CF Industries by 114.1% in the first quarter. TCTC Holdings LLC now owns 379 shares of the basic materials company’s stock valued at $30,000 after acquiring an additional 202 shares during the last quarter. Summit Securities Group LLC acquired a new position in shares of CF Industries in the 1st quarter worth approximately $50,000. Finally, Allworth Financial LP grew its position in CF Industries by 123.0% during the 2nd quarter. Allworth Financial LP now owns 611 shares of the basic materials company’s stock worth $56,000 after acquiring an additional 337 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Trading Up 0.8%

NYSE CF opened at $84.96 on Friday. CF Industries Holdings, Inc. has a 12 month low of $67.34 and a 12 month high of $104.45. The stock has a 50-day simple moving average of $86.18 and a 200 day simple moving average of $88.65. The company has a current ratio of 3.22, a quick ratio of 2.84 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $13.25 billion, a PE ratio of 11.09 and a beta of 0.89.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.06 by $0.13. The company had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.59 billion. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The company’s revenue for the quarter was up 21.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.55 EPS. Research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.4%. CF Industries’s payout ratio is 24.10%.

Analyst Upgrades and Downgrades

CF has been the topic of a number of recent analyst reports. Wells Fargo & Company assumed coverage on CF Industries in a research note on Tuesday. They issued an “overweight” rating and a $100.00 price objective on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of CF Industries in a research note on Tuesday, October 14th. Wolfe Research raised shares of CF Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Scotiabank increased their price objective on CF Industries from $82.00 to $90.00 and gave the company a “sector perform” rating in a research report on Monday, November 10th. Finally, UBS Group cut their price target on CF Industries from $96.00 to $91.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $95.64.

CF Industries Company 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.