CF Industries Holdings, Inc. $CF Shares Newly Acquired by Godsey & Gibb Inc.

Godsey & Gibb Inc. acquired a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 143,348 shares of the basic materials company’s stock, valued at approximately $18,165,000.

Several other large investors have also modified their holdings of CF. MassMutual Private Wealth & Trust FSB raised its stake in CF Industries by 20,006.3% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 150,194 shares of the basic materials company’s stock worth $19,025,000 after purchasing an additional 149,447 shares during the period. Vann Equity Management LLC boosted its holdings in shares of CF Industries by 127.3% in the 3rd quarter. Vann Equity Management LLC now owns 8,797 shares of the basic materials company’s stock valued at $1,071,000 after purchasing an additional 4,926 shares during the last quarter. Saudi Central Bank boosted its holdings in shares of CF Industries by 86.8% in the 2nd quarter. Saudi Central Bank now owns 10,753 shares of the basic materials company’s stock valued at $1,164,000 after purchasing an additional 4,996 shares during the last quarter. S&CO Inc. acquired a new position in shares of CF Industries in the 2nd quarter valued at $2,630,000. Finally, Teamwork Financial Advisors LLC purchased a new stake in shares of CF Industries during the 2nd quarter valued at $10,108,000. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

CF Industries Stock Performance

Shares of CF stock opened at $119.51 on Thursday. 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 $18.09 billion, a PE ratio of 8.86, a P/E/G ratio of 0.23 and a beta of 0.53. The company’s fifty day simple moving average is $123.60 and its 200-day simple moving average is $120.42. CF Industries Holdings, Inc. has a 52 week low of $75.42 and a 52 week high of $141.96.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $2.45 billion. During the same period last year, the company posted $2.37 earnings per share. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. As a group, equities research analysts anticipate that CF Industries Holdings, Inc. will post 13.90 EPS for the current year.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 30th. Shareholders 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 payout ratio is currently 17.79%.

Analysts Set New Price Targets

A number of research firms have recently commented on CF. Rothschild & Co Redburn upgraded CF Industries from a “sell” rating to a “neutral” rating and upped their price objective for the stock from $98.00 to $110.00 in a report on Monday, September 28th. UBS Group lifted their target price on CF Industries from $115.00 to $123.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Scotiabank lifted their target price on CF Industries from $125.00 to $130.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Sanford C. Bernstein started coverage on CF Industries in a research report on Friday, September 25th. They set an “outperform” rating and a $162.00 price target for the company. Finally, Royal Bank Of Canada dropped their price target 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 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $121.11.

CF Industries Profile

CF Industries Holdings, Inc (NYSE: CF) is a major global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and specialty nitrogen products used in agriculture, industrial applications and emissions-control systems.

CF Industries operates a network of production facilities in the United States, Canada and the United Kingdom, serving agricultural and industrial customers in North America and international markets.