CF Industries Holdings, Inc. $CF Stake Boosted by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 98.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 329,680 shares of the basic materials company’s stock after buying an additional 163,189 shares during the period. Robeco Institutional Asset Management B.V. owned 0.22% of CF Industries worth $40,834,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in CF. BlackRock Inc. bought a new stake in CF Industries in the 2nd quarter valued at $1,410,607,000. Bank of New York Mellon Corp acquired a new stake in CF Industries during the 2nd quarter valued at $198,857,000. Bank of America Corp DE acquired a new stake in CF Industries during the 2nd quarter valued at $186,353,000. Deutsche Bank AG bought a new position in CF Industries during the second quarter worth $157,850,000. Finally, Assenagon Asset Management S.A. boosted its position in CF Industries by 407.5% during the third quarter. Assenagon Asset Management S.A. now owns 1,352,013 shares of the basic materials company’s stock worth $170,136,000 after purchasing an additional 1,085,612 shares during the period. 93.06% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on CF. Weiss Ratings raised shares of CF Industries from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, September 16th. Morgan Stanley reduced their target price on shares of CF Industries from $135.00 to $115.00 and set an “equal weight” rating for the company in a report on Tuesday, July 7th. BMO Capital Markets decreased their price target on shares of CF Industries from $140.00 to $135.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 30th. Sanford C. Bernstein began coverage on shares of CF Industries in a research note on Friday, September 25th. They issued an “outperform” rating and a $162.00 price target on the stock. Finally, Canadian Imperial Bank of Commerce reissued a “neutral” rating and issued a $129.00 price target on shares of CF Industries in a report on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, CF Industries presently has an average rating of “Hold” and a consensus price target of $121.11.

CF Industries Stock Up 2.0%

CF stock opened at $118.66 on Friday. CF Industries Holdings, Inc. has a fifty-two week low of $75.42 and a fifty-two week high of $141.96. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.86 and a quick ratio of 4.32. The stock has a market capitalization of $17.96 billion, a price-to-earnings ratio of 8.80, a PEG ratio of 0.23 and a beta of 0.53. The business’s fifty day moving average price is $123.69 and its two-hundred day moving average price is $119.86.

CF Industries (NYSE:CF) last announced 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). 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 during the quarter, compared to the consensus estimate of $2.45 billion. During the same period in the previous year, the firm posted $2.37 EPS. The company’s revenue was up 17.6% compared to the same quarter last year. On average, equities analysts anticipate that CF Industries Holdings, Inc. will post 13.90 earnings per share for the current year.

CF Industries Dividend Announcement

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

CF Industries Profile

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.