CF Industries Holdings, Inc. $CF Stock Bought by Yousif Capital Management LLC

Yousif Capital Management LLC lifted its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 871.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 170,397 shares of the basic materials company’s stock after acquiring an additional 152,852 shares during the quarter. Yousif Capital Management LLC owned approximately 0.11% of CF Industries worth $21,395,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in CF. Royal Fund Management LLC boosted its holdings in CF Industries by 170.0% in the third quarter. Royal Fund Management LLC now owns 8,100 shares of the basic materials company’s stock valued at $933,000 after acquiring an additional 5,100 shares during the last quarter. Brookstone Capital Management acquired a new stake in CF Industries in the third quarter worth about $17,850,000. E. Ohman J or Asset Management AB raised its holdings in CF Industries by 577.9% during the 3rd quarter. E. Ohman J or Asset Management AB now owns 44,742 shares of the basic materials company’s stock worth $5,594,000 after purchasing an additional 38,142 shares during the last quarter. SBI Securities Co. Ltd. raised its holdings in CF Industries by 2,100.0% during the 3rd quarter. SBI Securities Co. Ltd. now owns 19,558 shares of the basic materials company’s stock worth $2,470,000 after purchasing an additional 18,669 shares during the last quarter. Finally, Reyes Financial Architecture Inc. bought a new stake in CF Industries during the 3rd quarter worth about $143,000. Institutional investors own 93.06% of the company’s stock.

CF Industries Trading Up 1.8%

Shares of CF Industries stock traded up $2.09 during trading on Friday, reaching $120.65. 2,034,704 shares of the company were exchanged, compared to its average volume of 2,460,938. The business has a 50-day moving average price of $123.74 and a 200-day moving average price of $119.87. The firm has a market capitalization of $18.26 billion, a price-to-earnings ratio of 8.94, a P/E/G ratio of 0.23 and a beta of 0.53. The company has a quick ratio of 4.32, a current ratio of 4.86 and a debt-to-equity ratio of 0.36. CF Industries Holdings, Inc. has a twelve month low of $75.42 and a twelve month high of $141.96.

CF Industries (NYSE:CF) last released 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). The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.45 billion. CF Industries had a net margin of 27.12% and a return on equity of 24.41%. The company’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the company posted $2.37 EPS. Sell-side analysts anticipate that CF Industries Holdings, Inc. will post 13.89 EPS for the current fiscal year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 16th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, November 16th. CF Industries’s dividend payout ratio (DPR) is currently 17.79%.

Analysts Set New Price Targets

CF has been the topic of a number of research reports. Scotiabank upped their target price on shares of CF Industries from $125.00 to $130.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. Wall Street Zen cut shares of CF Industries from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. UBS Group set a $133.00 price target on shares of CF Industries in a research report on Friday. Sanford C. Bernstein initiated coverage on shares of CF Industries in a report on Friday, September 25th. They issued an “outperform” rating and a $162.00 price objective on the stock. Finally, Morgan Stanley cut their price objective on shares of CF Industries from $135.00 to $115.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 7th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, CF Industries presently has an average rating of “Hold” and a consensus price target of $121.89.

CF Industries Company Profile

CF Industries Holdings, Inc is a global manufacturer of hydrogen and nitrogen products. The company produces ammonia, granular urea, urea ammonium nitrate, ammonium nitrate and nitric acid, which are used primarily in agricultural fertilizers and a range of industrial applications. CF Industries also supplies products such as diesel exhaust fluid and other nitrogen-based solutions.

The company serves agricultural and industrial customers in North America and internationally. Its manufacturing and distribution operations include facilities in the United States, Canada and the United Kingdom, supported by an extensive logistics and distribution network.