1,458,060 Shares in CF Industries Holdings, Inc. $CF Bought by Deutsche Bank AG

Deutsche Bank AG acquired a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,458,060 shares of the basic materials company’s stock, valued at approximately $157,850,000.

Several other hedge funds also recently bought and sold shares of CF. Himension Capital Singapore PTE. LTD. purchased a new stake in shares of CF Industries during the 1st quarter worth about $25,000. Altshuler Shaham Ltd lifted its holdings in shares of CF Industries by 36.6% during the 1st quarter. Altshuler Shaham Ltd now owns 418 shares of the basic materials company’s stock valued at $54,000 after buying an additional 112 shares during the last quarter. Elevation Wealth Partners LLC grew its stake in shares of CF Industries by 39.6% in the 2nd quarter. Elevation Wealth Partners LLC now owns 430 shares of the basic materials company’s stock valued at $47,000 after buying an additional 122 shares in the last quarter. MUFG Securities EMEA plc acquired a new position in CF Industries in the second quarter worth approximately $44,000. Finally, Hantz Financial Services Inc. increased its holdings in CF Industries by 46.3% in the fourth quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock worth $38,000 after buying an additional 156 shares during the last quarter. 93.06% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CF has been the topic of several recent research reports. Freedom Capital raised shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. Wall Street Zen lowered shares of CF Industries from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Zacks Research downgraded shares of CF Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating and issued a $129.00 price objective on shares of CF Industries in a research note on Friday, July 24th. Finally, Barclays upped their price objective on shares of CF Industries from $130.00 to $145.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $116.56.

CF Industries Stock Down 0.3%

CF opened at $119.31 on Thursday. The business has a 50 day moving average price of $115.20 and a 200 day moving average price of $115.34. CF Industries Holdings, Inc. has a twelve month low of $75.42 and a twelve month high of $141.96. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.32 and a current ratio of 4.86. The firm has a market cap of $18.06 billion, a P/E ratio of 8.84, a price-to-earnings-growth ratio of 0.23 and a beta of 0.39.

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). CF Industries had a return on equity of 24.41% and a net margin of 27.12%.The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.45 billion. During the same period in the previous year, the company earned $2.37 EPS. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. Research analysts forecast that CF Industries Holdings, Inc. will post 13.85 EPS for the current year.

CF Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.40 annualized dividend and a dividend yield of 2.0%. This is an increase from CF Industries’s previous quarterly dividend of $0.50. CF Industries’s payout ratio is currently 17.79%.

CF Industries Profile

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.