Proficio Capital Partners LLC Makes New Investment in CF Industries Holdings, Inc. $CF

Proficio Capital Partners LLC purchased a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,928 shares of the basic materials company’s stock, valued at approximately $534,000.

Several other institutional investors and hedge funds also recently made changes to their positions in CF. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of CF Industries by 3.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,360 shares of the basic materials company’s stock worth $306,000 after acquiring an additional 84 shares during the last quarter. Eley Financial Management Inc boosted its holdings in CF Industries by 0.6% in 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 acquiring an additional 87 shares during the last quarter. Personal CFO Solutions LLC boosted its holdings in CF Industries by 1.1% in 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 acquiring an additional 89 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in CF Industries by 6.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,496 shares of the basic materials company’s stock valued at $194,000 after purchasing an additional 97 shares during the period. Finally, Altshuler Shaham Ltd increased its position in CF Industries by 36.6% during the 1st quarter. Altshuler Shaham Ltd now owns 418 shares of the basic materials company’s stock valued at $54,000 after purchasing an additional 112 shares during the period. Institutional investors and hedge funds own 93.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on CF shares. The Goldman Sachs Group dropped their price target on shares of CF Industries from $133.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 23rd. HSBC decreased their price objective on shares of CF Industries from $130.00 to $121.00 in a research report on Wednesday, June 17th. Scotiabank boosted their target price on shares of CF Industries from $125.00 to $130.00 and gave the company an “outperform” rating in a report on Monday, August 10th. UBS Group upped their price target on shares of CF Industries from $115.00 to $123.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Finally, Royal Bank Of Canada decreased their target price on CF Industries from $125.00 to $115.00 and set a “sector perform” rating for the company in a research note on Friday, July 17th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $116.56.

CF Industries Stock Performance

NYSE CF opened at $139.28 on Thursday. The company has a fifty day simple moving average of $120.10 and a 200 day simple moving average of $117.85. CF Industries Holdings, Inc. has a 12-month low of $75.42 and a 12-month high of $141.96. The company has a current ratio of 4.86, a quick ratio of 4.32 and a debt-to-equity ratio of 0.36. The company has a market cap of $21.08 billion, a P/E ratio of 10.32, a PEG ratio of 0.27 and a beta of 0.40.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share for the quarter, missing the consensus estimate of $5.63 by ($0.90). CF Industries had a return on equity of 24.41% and a net margin of 27.12%.The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.45 billion. During the same quarter in the previous year, the company posted $2.37 EPS. The business’s quarterly revenue was up 17.6% on a year-over-year basis. Sell-side analysts predict 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 announced a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 14th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, August 14th. This is a boost from CF Industries’s previous quarterly dividend of $0.50. This represents a $2.40 annualized dividend and a dividend yield of 1.7%. CF Industries’s payout ratio is presently 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.