4,565 Shares in CF Industries Holdings, Inc. $CF Acquired by Parvin Asset Management LLC

Parvin Asset Management LLC bought a new position in CF Industries Holdings, Inc. (NYSE:CF) in the second quarter, Holdings Channel.com reports. The fund bought 4,565 shares of the basic materials company’s stock, valued at approximately $494,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of CF Industries by 3.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,360 shares of the basic materials company’s stock worth $306,000 after buying an additional 84 shares in the last quarter. Eley Financial Management Inc boosted its stake in CF Industries by 0.6% during the first quarter. Eley Financial Management Inc now owns 13,764 shares of the basic materials company’s stock valued at $1,787,000 after buying an additional 87 shares in the last quarter. Personal CFO Solutions LLC boosted its stake in CF Industries by 1.1% during the first quarter. Personal CFO Solutions LLC now owns 8,176 shares of the basic materials company’s stock valued at $1,062,000 after buying an additional 89 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in CF Industries by 6.9% during the first quarter. EverSource Wealth Advisors LLC now owns 1,496 shares of the basic materials company’s stock worth $194,000 after acquiring an additional 97 shares during the period. Finally, Altshuler Shaham Ltd grew its holdings in CF Industries by 36.6% during the first quarter. Altshuler Shaham Ltd now owns 418 shares of the basic materials company’s stock worth $54,000 after acquiring an additional 112 shares during the period. 93.06% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CF has been the topic of several research reports. Bank of America boosted their price target on shares of CF Industries from $103.00 to $106.00 in a research report on Thursday, May 14th. Scotiabank raised their price objective on shares of CF Industries from $125.00 to $130.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. JPMorgan Chase & Co. lifted their price objective on shares of CF Industries from $94.00 to $115.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 3rd. UBS Group boosted their target price on shares of CF Industries from $115.00 to $123.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Finally, Berenberg Bank increased their target price on shares of CF Industries from $86.00 to $106.00 and gave the company a “hold” rating in a research note on Thursday, May 28th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $116.56.

CF Industries Price Performance

Shares of NYSE:CF opened at $125.71 on Thursday. The company’s fifty day moving average is $117.27 and its two-hundred day moving average is $116.58. The company has a quick ratio of 4.32, a current ratio of 4.86 and a debt-to-equity ratio of 0.36. CF Industries Holdings, Inc. has a 12-month low of $75.42 and a 12-month high of $141.96. The company has a market cap of $19.02 billion, a P/E ratio of 9.32, a price-to-earnings-growth ratio of 0.25 and a beta of 0.39.

CF Industries (NYSE:CF) last released 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 business had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.45 billion. CF Industries had a net margin of 27.12% and a return on equity of 24.41%. CF Industries’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.37 EPS. Equities analysts expect that CF Industries Holdings, Inc. will post 13.7 earnings per share for the current fiscal year.

CF Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be paid a $0.60 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.40 annualized dividend and a yield of 1.9%. This is an increase from CF Industries’s previous quarterly dividend of $0.50. CF Industries’s dividend payout ratio (DPR) is currently 17.79%.

CF Industries Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.