CF Industries Holdings, Inc. $CF Holdings Boosted by Sowell Financial Services LLC

Sowell Financial Services LLC lifted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 817.4% in the third quarter, Holdings Channel reports. The institutional investor owned 43,972 shares of the basic materials company’s stock after buying an additional 39,179 shares during the quarter. Sowell Financial Services LLC’s holdings in CF Industries were worth $5,519,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in CF. BlackRock Inc. bought a new position in CF Industries during the 2nd quarter valued at $1,410,607,000. Dimensional Fund Advisors LP grew its position in shares of CF Industries by 3.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,458,907 shares of the basic materials company’s stock worth $579,062,000 after acquiring an additional 146,682 shares in the last quarter. Bank of America Corp DE increased its stake in CF Industries by 8.4% during the first quarter. Bank of America Corp DE now owns 2,048,671 shares of the basic materials company’s stock valued at $265,999,000 after purchasing an additional 158,119 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of CF Industries during the second quarter worth $198,857,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of CF Industries by 1.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,747,078 shares of the basic materials company’s stock worth $189,139,000 after buying an additional 32,293 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries Stock Performance

Shares of CF stock opened at $118.07 on Friday. CF Industries Holdings, Inc. has a 12-month low of $75.42 and a 12-month high of $141.96. The firm has a market capitalization of $17.87 billion, a price-to-earnings ratio of 8.75, a price-to-earnings-growth ratio of 0.24 and a beta of 0.53. The business has a 50 day simple moving average of $123.52 and a 200 day simple moving average of $115.74. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.86 and a quick ratio of 4.32.

CF Industries (NYSE:CF) last announced its earnings results 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 net margin of 27.12% and a return on equity of 24.41%. The business had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.45 billion. During the same period in the previous year, the firm earned $2.37 EPS. The firm’s revenue was up 17.6% on a year-over-year basis. On average, equities research analysts anticipate that CF Industries Holdings, Inc. will post 13.68 EPS for the current year.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 30th. Investors of record on Monday, November 16th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Monday, November 16th. CF Industries’s dividend payout ratio (DPR) is currently 17.79%.

Wall Street Analysts Forecast Growth

CF has been the subject of several research reports. Rothschild & Co Redburn raised shares of CF Industries from a “sell” rating to a “neutral” rating and lifted their price target for the company from $98.00 to $110.00 in a report on Monday, September 28th. Sanford C. Bernstein started coverage on shares of CF Industries in a research note on Friday, September 25th. They set an “outperform” rating and a $162.00 price objective on the stock. UBS Group raised their target price on shares of CF Industries from $123.00 to $134.00 and gave the stock a “neutral” rating in a report on Tuesday. 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. Finally, Wall Street Zen lowered CF Industries from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $121.94.

About CF Industries

CF Industries Holdings, Inc is a global manufacturer of hydrogen and nitrogen products. The company produces ammonia, granular urea, urea ammonium nitrate, ammonium nitrate and nitric acid, which are used primarily in agricultural fertilizers and a range of industrial applications. CF Industries also supplies products such as diesel exhaust fluid and other nitrogen-based solutions.

The company serves agricultural and industrial customers in North America and internationally. Its manufacturing and distribution operations include facilities in the United States, Canada and the United Kingdom, supported by an extensive logistics and distribution network.