CF Industries Holdings, Inc. $CF Shares Newly Purchased by Moody Aldrich Partners LLC

Moody Aldrich Partners LLC acquired a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 5,740 shares of the basic materials company’s stock, valued at approximately $661,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in CF Industries during the second quarter worth about $1,410,607,000. Bank of New York Mellon Corp acquired a new stake in shares of CF Industries during the second quarter valued at about $198,857,000. Bank of America Corp DE acquired a new stake in shares of CF Industries during the second quarter valued at about $186,353,000. Deutsche Bank AG purchased a new stake in shares of CF Industries in the 2nd quarter valued at approximately $157,850,000. Finally, Assenagon Asset Management S.A. raised its stake in shares of CF Industries by 407.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,352,013 shares of the basic materials company’s stock valued at $170,136,000 after acquiring an additional 1,085,612 shares during the period. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on CF shares. Morgan Stanley decreased their price objective on shares of CF Industries from $135.00 to $115.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 7th. Royal Bank Of Canada dropped their target price on shares of CF Industries from $125.00 to $115.00 and set a “sector perform” rating for the company in a report on Friday, July 17th. Canadian Imperial Bank of Commerce lifted their target price on shares of CF Industries from $125.00 to $133.00 and gave the company a “neutral” rating in a report on Friday, October 23rd. Wall Street Zen lowered CF Industries from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Finally, Scotiabank upped their price target on CF Industries from $125.00 to $130.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Two investment 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $121.94.

CF Industries Stock Performance

NYSE CF opened at $118.07 on Friday. The company has a market cap of $17.87 billion, a P/E ratio of 8.75, a P/E/G ratio of 0.24 and a beta of 0.53. 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 50-day moving average of $123.52 and a two-hundred day moving average of $115.74. CF Industries Holdings, Inc. has a 1-year low of $75.42 and a 1-year high of $141.96.

CF Industries (NYSE:CF) last issued its quarterly 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). The business had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.45 billion. CF Industries had a return on equity of 24.41% and a net margin of 27.12%. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the company earned $2.37 earnings per share. As a group, analysts anticipate that CF Industries Holdings, Inc. will post 13.68 EPS for the current year.

CF Industries Announces Dividend

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