CF Industries Holdings, Inc. $CF Stock: Murphy Pohlad Asset Management LLC Boosts Stake

Murphy Pohlad Asset Management LLC lifted its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 222.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,590 shares of the basic materials company’s stock after acquiring an additional 22,490 shares during the period. Murphy Pohlad Asset Management LLC’s holdings in CF Industries were worth $4,017,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. MassMutual Private Wealth & Trust FSB raised its holdings in CF Industries by 20,006.3% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 150,194 shares of the basic materials company’s stock valued at $19,025,000 after buying an additional 149,447 shares during the period. Vann Equity Management LLC lifted its position in CF Industries by 127.3% in the third quarter. Vann Equity Management LLC now owns 8,797 shares of the basic materials company’s stock worth $1,071,000 after buying an additional 4,926 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in CF Industries by 2,298.8% during the third quarter. Farther Finance Advisors LLC now owns 97,462 shares of the basic materials company’s stock worth $12,297,000 after buying an additional 93,399 shares during the period. Saudi Central Bank boosted its stake in CF Industries by 86.8% during the second quarter. Saudi Central Bank now owns 10,753 shares of the basic materials company’s stock worth $1,164,000 after buying an additional 4,996 shares during the period. Finally, S&CO Inc. purchased a new position in CF Industries during the second quarter worth $2,630,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Sanford C. Bernstein assumed coverage on shares of CF Industries in a research report on Friday, September 25th. They set an “outperform” rating and a $162.00 price objective on the stock. Scotiabank raised their target price on shares of CF Industries from $125.00 to $130.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Freedom Broker cut shares of CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 26th. Royal Bank Of Canada cut their price target on shares of CF Industries from $125.00 to $115.00 and set a “sector perform” rating on the stock in a report on Friday, July 17th. Finally, Wall Street Zen downgraded shares of CF Industries from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $121.89.

CF Industries Trading Up 1.8%

CF traded up $2.09 on Friday, reaching $120.65. 2,034,704 shares of the company traded hands, compared to its average volume of 2,460,938. CF Industries Holdings, Inc. has a one year low of $75.42 and a one year high of $141.96. The firm has a fifty day simple moving average of $123.74 and a two-hundred day simple moving average of $119.87. The company has a market cap of $18.26 billion, a P/E ratio of 8.94, a price-to-earnings-growth ratio of 0.23 and a beta of 0.53. 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 (NYSE:CF) last released its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.63 by ($0.90). The company 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 quarterly revenue was up 17.6% on a year-over-year basis. During the same period last year, the firm earned $2.37 earnings per share. As a group, equities research analysts expect that CF Industries Holdings, Inc. will post 13.89 earnings per share for the current year.

CF Industries Announces Dividend

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

CF Industries Company 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.