11,527 Shares in CF Industries Holdings, Inc. $CF Purchased by EFG International AG

EFG International AG acquired a new stake in CF Industries Holdings, Inc. (NYSE:CF) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 11,527 shares of the basic materials company’s stock, valued at approximately $1,248,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of CF Industries during the second quarter worth $1,410,607,000. Norges Bank acquired a new position in shares of CF Industries in the 4th quarter valued at about $193,657,000. Bank of New York Mellon Corp bought a new stake in shares of CF Industries during the 2nd quarter valued at about $198,857,000. Deutsche Bank AG acquired a new stake in CF Industries during the second quarter worth about $157,850,000. Finally, Dimensional Fund Advisors LP raised its stake in CF Industries by 37.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,312,225 shares of the basic materials company’s stock worth $333,501,000 after acquiring an additional 1,178,516 shares during the period. Institutional investors and hedge funds own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on CF shares. Royal Bank Of Canada decreased their target price on CF Industries from $125.00 to $115.00 and set a “sector perform” rating for the company in a research note on Friday, July 17th. BMO Capital Markets dropped their price target on CF Industries from $140.00 to $135.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 30th. Wall Street Zen downgraded CF Industries from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. The Goldman Sachs Group reduced their price objective on CF Industries from $133.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, June 23rd. Finally, HSBC lowered their price objective on CF Industries from $130.00 to $121.00 in a research note on Wednesday, June 17th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, CF Industries currently has an average rating of “Hold” and an average target price of $116.56.

CF Industries Trading Down 1.2%

CF Industries stock opened at $125.71 on Thursday. CF Industries Holdings, Inc. has a 12-month low of $75.42 and a 12-month high of $141.96. 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 $19.02 billion, a PE ratio of 9.32, a price-to-earnings-growth ratio of 0.25 and a beta of 0.39. The firm has a 50 day simple moving average of $117.27 and a 200-day simple moving average of $116.58.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share 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 firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.45 billion. During the same period in the prior year, the business earned $2.37 EPS. The company’s quarterly revenue was up 17.6% compared to the same quarter last year. As a group, equities research analysts expect that CF Industries Holdings, Inc. will post 13.7 EPS for the current fiscal year.

CF Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be paid a $0.60 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.40 annualized dividend and a dividend yield of 1.9%. This is an increase from CF Industries’s previous quarterly dividend of $0.50. CF Industries’s dividend payout ratio is presently 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.