SG Americas Securities LLC Boosts Stake in CF Industries Holdings, Inc. $CF

SG Americas Securities LLC lifted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 268.6% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 179,800 shares of the basic materials company’s stock after purchasing an additional 131,021 shares during the quarter. SG Americas Securities LLC’s holdings in CF Industries were worth $23,345,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Lakewood Asset Management LLC increased its position in shares of CF Industries by 0.9% in the 4th quarter. Lakewood Asset Management LLC now owns 12,371 shares of the basic materials company’s stock valued at $957,000 after acquiring an additional 111 shares during the period. Farther Finance Advisors LLC lifted its position in CF Industries by 5.2% during the 4th quarter. Farther Finance Advisors LLC now owns 2,365 shares of the basic materials company’s stock worth $183,000 after acquiring an additional 116 shares during the period. Blair William & Co. IL lifted its position in CF Industries by 0.7% during the 4th quarter. Blair William & Co. IL now owns 17,528 shares of the basic materials company’s stock worth $1,356,000 after acquiring an additional 116 shares during the period. Kingsview Wealth Management LLC grew its stake in CF Industries by 4.9% during the 3rd quarter. Kingsview Wealth Management LLC now owns 2,898 shares of the basic materials company’s stock valued at $260,000 after purchasing an additional 135 shares during the last quarter. Finally, Albert D Mason Inc. grew its stake in CF Industries by 5.3% during the 4th quarter. Albert D Mason Inc. now owns 2,720 shares of the basic materials company’s stock valued at $210,000 after purchasing an additional 137 shares during the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Price Performance

Shares of CF opened at $103.02 on Thursday. The business’s 50-day moving average is $116.96 and its two-hundred day moving average is $105.25. The company has a market capitalization of $15.83 billion, a P/E ratio of 9.26 and a beta of 0.38. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.15 and a current ratio of 3.54. CF Industries Holdings, Inc. has a fifty-two week low of $75.42 and a fifty-two week high of $141.96.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $1.35. The business had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.84 billion. CF Industries had a return on equity of 20.93% and a net margin of 23.73%.The company’s revenue was up 19.4% on a year-over-year basis. During the same quarter last year, the business posted $1.85 EPS. Research analysts predict that CF Industries Holdings, Inc. will post 15.6 earnings per share for the current year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.9%. The ex-dividend date was Friday, May 15th. CF Industries’s dividend payout ratio (DPR) is currently 17.97%.

Analyst Upgrades and Downgrades

CF has been the topic of a number of research reports. Mizuho increased their price objective on CF Industries from $100.00 to $105.00 and gave the company an “underperform” rating in a report on Tuesday, March 31st. Barclays lifted their target price on CF Industries from $130.00 to $145.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Scotiabank upped their target price on CF Industries from $115.00 to $120.00 and gave the company a “sector perform” rating in a research report on Monday, May 11th. Zacks Research downgraded shares of CF Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Finally, BNP Paribas Exane reduced their price target on shares of CF Industries from $140.00 to $120.00 and set a “neutral” rating for the company in a research report on Monday, June 15th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $118.50.

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.