CF Industries Holdings, Inc. $CF Shares Bought by Engineers Gate Manager LP

Engineers Gate Manager LP lifted its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 64.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 72,692 shares of the basic materials company’s stock after acquiring an additional 28,610 shares during the quarter. Engineers Gate Manager LP’s holdings in CF Industries were worth $7,870,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CF. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of CF Industries by 3.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,360 shares of the basic materials company’s stock valued at $306,000 after buying an additional 84 shares during the last quarter. Eley Financial Management Inc boosted its stake in shares of CF Industries by 0.6% in the first quarter. Eley Financial Management Inc now owns 13,764 shares of the basic materials company’s stock worth $1,787,000 after buying an additional 87 shares during the last quarter. Personal CFO Solutions LLC boosted its stake in shares of CF Industries by 1.1% in the first quarter. Personal CFO Solutions LLC now owns 8,176 shares of the basic materials company’s stock worth $1,062,000 after buying an additional 89 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in CF Industries by 6.9% during the first quarter. EverSource Wealth Advisors LLC now owns 1,496 shares of the basic materials company’s stock worth $194,000 after acquiring an additional 97 shares during the period. Finally, Altshuler Shaham Ltd raised its position in CF Industries by 36.6% during the first quarter. Altshuler Shaham Ltd now owns 418 shares of the basic materials company’s stock valued at $54,000 after acquiring an additional 112 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Stock Down 2.2%

CF Industries stock opened at $135.11 on Friday. 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 $20.45 billion, a PE ratio of 10.02, a price-to-earnings-growth ratio of 0.27 and a beta of 0.40. The business has a 50 day simple moving average of $123.50 and a 200-day simple moving average of $119.53. CF Industries Holdings, Inc. has a 12 month low of $75.42 and a 12 month high of $141.96.

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). The business had revenue of $2.22 billion for 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%. The company’s quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter last year, the business earned $2.37 EPS. On average, analysts anticipate that CF Industries Holdings, Inc. will post 13.7 EPS for the current fiscal year.

CF Industries Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 14th were given a dividend of $0.60 per share. This is a boost from CF Industries’s previous quarterly dividend of $0.50. The ex-dividend date was Friday, August 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.8%. CF Industries’s payout ratio is currently 17.79%.

Wall Street Analysts Forecast Growth

CF has been the topic of a number of analyst reports. KeyCorp set a $115.00 price objective on shares of CF Industries and gave the stock an “underweight” rating in a research note on Thursday. Weiss Ratings cut shares of CF Industries from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. Scotiabank raised their price target on shares of CF Industries from $125.00 to $130.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. Royal Bank Of Canada cut their price objective 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. Finally, Morgan Stanley decreased their price objective on shares of CF Industries from $135.00 to $115.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 7th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $116.47.

CF Industries Profile

CF Industries Holdings, Inc is a global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and nitric acid, which are used primarily in agriculture to support crop production. Its industrial products also serve customers in areas such as emissions control, plastics, resins, chemicals and other manufacturing applications.

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