Csenge Advisory Group Makes New $1 Million Investment in CF Industries Holdings, Inc. $CF

Csenge Advisory Group acquired a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) during the second quarter, Holdings Channel.com reports. The firm acquired 9,255 shares of the basic materials company’s stock, valued at approximately $1,002,000.

Other institutional investors have also recently made changes to their positions in the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in CF Industries during the 4th quarter valued at about $11,556,000. Twin Capital Management Inc. purchased a new position in shares of CF Industries during the fourth quarter valued at approximately $714,000. AIA Group Ltd bought a new position in shares of CF Industries during the first quarter valued at approximately $3,428,000. Burford Brothers Inc. purchased a new stake in shares of CF Industries in the fourth quarter worth approximately $960,000. Finally, Teamwork Financial Advisors LLC bought a new stake in shares of CF Industries during the 2nd quarter worth approximately $10,108,000. Institutional investors own 93.06% of the company’s stock.

Analyst Ratings Changes

CF has been the subject of a number of recent analyst reports. UBS Group boosted their target price on shares of CF Industries from $115.00 to $123.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Wall Street Zen lowered shares of CF Industries from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Bank of America lifted their price objective on shares of CF Industries from $103.00 to $106.00 in a report on Thursday, May 14th. Weiss Ratings reissued a “buy (b)” rating on shares of CF Industries in a research report on Monday, June 29th. Finally, Scotiabank upped their target price on shares of CF Industries from $125.00 to $130.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, CF Industries has a consensus rating of “Hold” and an average target price of $116.56.

CF Industries Stock Down 0.3%

CF stock opened at $119.31 on Thursday. The stock has a market capitalization of $18.06 billion, a PE ratio of 8.84, a price-to-earnings-growth ratio of 0.23 and a beta of 0.39. CF Industries Holdings, Inc. has a 52 week low of $75.42 and a 52 week high of $141.96. The company has a quick ratio of 4.32, a current ratio of 4.86 and a debt-to-equity ratio of 0.36. The firm has a 50 day moving average of $115.20 and a 200 day moving average of $115.34.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $4.73 EPS 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 quarter in the previous year, the firm posted $2.37 earnings per share. The business’s revenue was up 17.6% on a year-over-year basis. Sell-side analysts forecast that CF Industries Holdings, Inc. will post 13.85 earnings per share for the current year.

CF Industries Increases Dividend

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

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.