RFG Advisory LLC Purchases 6,309 Shares of CF Industries Holdings, Inc. $CF

RFG Advisory LLC grew its stake in CF Industries Holdings, Inc. (NYSE:CF) by 145.4% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 10,649 shares of the basic materials company’s stock after buying an additional 6,309 shares during the period. RFG Advisory LLC’s holdings in CF Industries were worth $1,153,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Himension Capital Singapore PTE. LTD. bought a new stake in CF Industries in the 1st quarter valued at about $25,000. Virtus Advisers LLC bought a new stake in CF Industries during the 2nd quarter valued at $25,000. Continuum Advisory LLC acquired a new position in CF Industries during the second quarter worth $28,000. Keating Financial Advisory Services Inc. acquired a new position in CF Industries during the second quarter worth $29,000. Finally, Hantz Financial Services Inc. lifted its stake in shares of CF Industries by 46.3% in the fourth quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock valued at $38,000 after buying an additional 156 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. UBS Group boosted their target price on shares of CF Industries from $115.00 to $123.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Royal Bank Of Canada dropped their price target on shares of CF Industries from $125.00 to $115.00 and set a “sector perform” rating on the stock in a research report on Friday, July 17th. Zacks Research downgraded CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. BMO Capital Markets decreased their price objective on CF Industries from $140.00 to $135.00 and set an “outperform” rating for the company in a report on Tuesday, June 30th. Finally, KeyCorp initiated coverage on CF Industries in a research note on Thursday. They issued an “underweight” rating and a $115.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $116.47.

CF Industries Stock Performance

Shares of CF stock opened at $133.06 on Friday. 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 firm has a 50-day moving average of $123.95 and a 200-day moving average of $119.62. CF Industries Holdings, Inc. has a one year low of $75.42 and a one year high of $141.96. The company has a market cap of $20.14 billion, a P/E ratio of 9.86, a P/E/G ratio of 0.27 and a beta of 0.40.

CF Industries (NYSE:CF) last released its quarterly 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 return on equity of 24.41% and a net margin of 27.12%.The firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.45 billion. During the same quarter last year, the firm posted $2.37 earnings per share. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. Equities research analysts forecast that CF Industries Holdings, Inc. will post 13.7 EPS for the current fiscal year.

CF Industries Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 14th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Friday, August 14th. This is a boost from CF Industries’s previous quarterly dividend of $0.50. CF Industries’s dividend payout ratio (DPR) is presently 17.79%.

CF Industries Profile

CF Industries Holdings, Inc is a global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and nitric acid, which are used primarily in agriculture to support crop production. Its industrial products also serve customers in areas such as emissions control, plastics, resins, chemicals and other manufacturing applications.

CF Industries operates production facilities in the United States, Canada and the United Kingdom and supplies agricultural and industrial customers in North America and international markets.