CF Industries Holdings, Inc. (NYSE:CF) Stake Boosted by Captrust Financial Advisors

Captrust Financial Advisors grew its stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 39.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,442 shares of the basic materials company's stock after purchasing an additional 3,801 shares during the quarter. Captrust Financial Advisors' holdings in CF Industries were worth $1,147,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in CF. Norges Bank bought a new position in shares of CF Industries during the fourth quarter valued at approximately $131,350,000. Ameriprise Financial Inc. grew its holdings in CF Industries by 29.4% in the 4th quarter. Ameriprise Financial Inc. now owns 2,804,718 shares of the basic materials company's stock worth $239,299,000 after buying an additional 637,784 shares in the last quarter. FMR LLC grew its holdings in CF Industries by 6.6% in the 4th quarter. FMR LLC now owns 8,830,621 shares of the basic materials company's stock worth $753,429,000 after buying an additional 543,876 shares in the last quarter. Powszechne Towarzystwo Emerytalne Allianz Polska S.A. bought a new position in CF Industries in the 4th quarter worth approximately $37,247,000. Finally, Skandinaviska Enskilda Banken AB publ grew its holdings in CF Industries by 459.4% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 435,352 shares of the basic materials company's stock worth $36,583,000 after buying an additional 357,531 shares in the last quarter. 93.06% of the stock is owned by institutional investors.

CF Industries Price Performance

CF opened at $85.39 on Thursday. The company has a fifty day moving average price of $77.00 and a two-hundred day moving average price of $83.28. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08. CF Industries Holdings, Inc. has a 52 week low of $67.34 and a 52 week high of $98.25. The firm has a market capitalization of $14.48 billion, a PE ratio of 12.61, a P/E/G ratio of 0.37 and a beta of 0.94.

CF Industries (NYSE:CF - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $1.85 earnings per share for the quarter, topping analysts' consensus estimates of $1.47 by $0.38. The company had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.53 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The business's quarterly revenue was up 13.1% compared to the same quarter last year. During the same period last year, the firm posted $1.03 earnings per share. As a group, analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries announced that its Board of Directors has approved a stock repurchase program on Wednesday, May 7th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the basic materials company to repurchase up to 14.7% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be given a $0.50 dividend. The ex-dividend date is Thursday, May 15th. This represents a $2.00 annualized dividend and a yield of 2.34%. CF Industries's dividend payout ratio is currently 26.35%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. The Goldman Sachs Group assumed coverage on CF Industries in a report on Thursday, March 13th. They issued a "neutral" rating and a $86.00 price objective for the company. Bank of America raised CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 price objective for the company in a report on Monday, February 24th. Scotiabank upgraded CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 target price for the company in a research report on Wednesday, April 9th. Oppenheimer downgraded CF Industries from an "outperform" rating to a "market perform" rating in a research report on Tuesday, April 22nd. Finally, Wells Fargo & Company upped their target price on CF Industries from $96.00 to $98.00 and gave the stock an "overweight" rating in a research report on Monday. One research analyst has rated the stock with a sell rating, ten have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $90.21.

CF Industries Company Profile

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.

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