LSV Asset Management Has $46.99 Million Position in CF Industries Holdings, Inc. $CF

LSV Asset Management increased its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 14.1% during the 2nd quarter, Holdings Channel reports. The fund owned 510,732 shares of the basic materials company’s stock after acquiring an additional 62,987 shares during the period. LSV Asset Management’s holdings in CF Industries were worth $46,987,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Talaria Asset Management Pty Ltd raised its stake in CF Industries by 77.0% during the 1st quarter. Talaria Asset Management Pty Ltd now owns 584,000 shares of the basic materials company’s stock worth $45,640,000 after buying an additional 254,000 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of CF Industries by 4.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 6,055,283 shares of the basic materials company’s stock valued at $473,220,000 after acquiring an additional 262,944 shares in the last quarter. Cerity Partners LLC raised its position in shares of CF Industries by 31.2% during the first quarter. Cerity Partners LLC now owns 17,208 shares of the basic materials company’s stock worth $1,345,000 after purchasing an additional 4,089 shares during the period. Envestnet Asset Management Inc. raised its position in shares of CF Industries by 5.9% during the second quarter. Envestnet Asset Management Inc. now owns 276,542 shares of the basic materials company’s stock worth $25,442,000 after purchasing an additional 15,291 shares during the period. Finally, Kestra Advisory Services LLC bought a new position in shares of CF Industries in the 1st quarter worth $849,000. 93.06% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CF has been the subject of a number of recent research reports. Zacks Research lowered shares of CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. Mizuho decreased their target price on shares of CF Industries from $100.00 to $92.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. Wall Street Zen lowered shares of CF Industries from a “buy” rating to a “hold” rating in a report on Sunday. JPMorgan Chase & Co. raised shares of CF Industries from an “underweight” rating to a “neutral” rating and raised their price target for the company from $75.00 to $92.00 in a research report on Tuesday, July 29th. Finally, Barclays raised CF Industries from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $95.00 to $100.00 in a report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $95.64.

CF Industries Stock Up 0.6%

CF Industries stock opened at $81.21 on Wednesday. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $104.45. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.84 and a current ratio of 3.22. The firm’s 50-day simple moving average is $86.04 and its 200 day simple moving average is $88.80. The stock has a market cap of $12.67 billion, a PE ratio of 10.60 and a beta of 0.89.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, November 5th. The basic materials company reported $2.19 EPS for the quarter, beating the consensus estimate of $2.06 by $0.13. CF Industries had a net margin of 20.19% and a return on equity of 17.10%. The firm had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same quarter last year, the business posted $1.55 EPS. The company’s revenue for the quarter was up 21.1% on a year-over-year basis. Research analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Friday, November 14th. CF Industries’s dividend payout ratio (DPR) is 24.10%.

CF Industries Company Profile

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.