CF Industries Holdings, Inc. $CF Stock Holdings Lifted by Murphy Pohlad Asset Management LLC

Murphy Pohlad Asset Management LLC increased its position in CF Industries Holdings, Inc. (NYSE:CF) by 222.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 32,590 shares of the basic materials company’s stock after buying an additional 22,490 shares during the period. Murphy Pohlad Asset Management LLC’s holdings in CF Industries were worth $4,017,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of CF Industries in the second quarter valued at about $1,410,607,000. Bank of New York Mellon Corp purchased a new stake in shares of CF Industries during the second quarter worth about $198,857,000. Bank of America Corp DE purchased a new stake in shares of CF Industries during the second quarter worth about $186,353,000. Deutsche Bank AG purchased a new stake in shares of CF Industries during the second quarter worth about $157,850,000. Finally, Assenagon Asset Management S.A. raised its stake in CF Industries by 407.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,352,013 shares of the basic materials company’s stock valued at $170,136,000 after purchasing an additional 1,085,612 shares during the period. Institutional investors own 93.06% of the company’s stock.

CF Industries Price Performance

Shares of CF stock traded up $2.09 during trading hours on Friday, hitting $120.65. The stock had a trading volume of 2,034,704 shares, compared to its average volume of 2,460,938. 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 $18.26 billion, a price-to-earnings ratio of 8.94, a PEG ratio of 0.23 and a beta of 0.53. CF Industries Holdings, Inc. has a one year low of $75.42 and a one year high of $141.96. The stock’s 50-day moving average price is $123.74 and its two-hundred day moving average price is $119.87.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $4.73 EPS for the quarter, missing analysts’ consensus estimates of $5.63 by ($0.90). The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.45 billion. CF Industries had a net margin of 27.12% and a return on equity of 24.41%. CF Industries’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the company posted $2.37 earnings per share. Equities analysts forecast that CF Industries Holdings, Inc. will post 13.89 EPS for the current year.

CF Industries Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts recently commented on CF shares. Wall Street Zen cut CF Industries from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. set a $115.00 price objective on shares of CF Industries and gave the company a “sector perform” rating in a report on Monday, October 5th. Royal Bank Of Canada reduced their price objective 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. Scotiabank lifted their price objective 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. Finally, BMO Capital Markets lowered their target price on shares of CF Industries from $140.00 to $135.00 and set an “outperform” rating on the stock in a report on Tuesday, June 30th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $121.89.

CF Industries 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.