45,651 Shares in CF Industries Holdings, Inc. $CF Acquired by Oxbow Advisors LLC

Oxbow Advisors LLC bought a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 45,651 shares of the basic materials company’s stock, valued at approximately $4,942,000.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in CF Industries in the second quarter worth approximately $1,410,607,000. Dimensional Fund Advisors LP increased its holdings in shares of CF Industries by 3.4% in the first quarter. Dimensional Fund Advisors LP now owns 4,458,907 shares of the basic materials company’s stock valued at $579,062,000 after buying an additional 146,682 shares in the last quarter. Boston Partners lifted its position in shares of CF Industries by 15.3% during the 3rd quarter. Boston Partners now owns 3,587,999 shares of the basic materials company’s stock valued at $321,852,000 after acquiring an additional 476,769 shares during the last quarter. Invesco Ltd. lifted its position in shares of CF Industries by 12.0% during the 4th quarter. Invesco Ltd. now owns 3,570,249 shares of the basic materials company’s stock valued at $276,123,000 after acquiring an additional 381,716 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of CF Industries by 0.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,287,256 shares of the basic materials company’s stock valued at $302,428,000 after acquiring an additional 11,792 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors.

CF Industries Stock Performance

Shares of CF stock opened at $119.70 on Wednesday. CF Industries Holdings, Inc. has a 1-year low of $75.42 and a 1-year high of $141.96. 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 capitalization of $18.12 billion, a price-to-earnings ratio of 8.87 and a beta of 0.39. The stock’s fifty day simple moving average is $115.00 and its 200-day simple moving average is $115.16.

CF Industries (NYSE:CF) last posted its quarterly 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 analyst estimates of $2.45 billion. During the same period in the previous year, the firm posted $2.37 earnings per share. The firm’s quarterly revenue was up 17.6% on a year-over-year basis. On average, sell-side analysts predict that CF Industries Holdings, Inc. will post 13.85 earnings per share for the current fiscal year.

CF Industries Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be issued a $0.60 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.0%. This is a positive change from CF Industries’s previous quarterly dividend of $0.50. CF Industries’s dividend payout ratio is currently 17.79%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CF. The Goldman Sachs Group decreased their target price on CF Industries from $133.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, June 23rd. Zacks Research downgraded CF Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. JPMorgan Chase & Co. increased their price target on CF Industries from $94.00 to $115.00 and gave the company a “neutral” rating in a research report on Wednesday, June 3rd. Canadian Imperial Bank of Commerce reiterated a “neutral” rating and issued a $129.00 price target on shares of CF Industries in a research report on Friday, July 24th. Finally, Freedom Capital raised CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $116.56.

About CF Industries

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.