116,372 Shares in CF Industries Holdings, Inc. $CF Acquired by Albion Financial Group UT

Key Points

• Albion Financial Group UT acquired 116,372 CF Industries shares worth approximately $14.7 million during the third quarter, giving it a 0.08% stake. Institutional investors collectively own 93.06% of the company.
• Analysts maintain a mixed outlook, with CF Industries carrying a consensus “Hold” rating and an average price target of $121.11; individual targets range from $115 to $162.
• CF Industries reported quarterly EPS of $4.73, below the $5.63 consensus estimate, while revenue rose 17.6% year over year to $2.22 billion. The company also declared a quarterly dividend of $0.60 per share, equivalent to a 2.1% yield.

Albion Financial Group UT purchased a new position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 116,372 shares of the basic materials company's stock, valued at approximately $14,747,000. Albion Financial Group UT owned about 0.08% of CF Industries at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Himension Capital Singapore PTE. LTD. purchased a new position in CF Industries during the first quarter valued at $25,000. Virtus Advisers LLC purchased a new stake in shares of CF Industries in the 2nd quarter worth about $25,000. Continuum Advisory LLC purchased a new stake in shares of CF Industries in the 2nd quarter worth about $28,000. Keating Financial Advisory Services Inc. bought a new position in shares of CF Industries in the 2nd quarter worth about $29,000. Finally, Retirement Wealth Solutions LLC bought a new position in shares of CF Industries in the 3rd quarter worth about $35,000. Hedge funds and other institutional investors own 93.06% of the company's stock.

Analysts Set New Price Targets

CF has been the subject of a number of recent research reports. set a $115.00 price target on shares of CF Industries and gave the company a "sector perform" rating in a research report on Monday, October 5th. Scotiabank upped their price objective on shares of CF Industries from $125.00 to $130.00 and gave the stock an "outperform" rating in a report on Monday, August 10th. Canadian Imperial Bank of Commerce reaffirmed a "neutral" rating and set a $129.00 target price on shares of CF Industries in a research note on Friday, July 24th. Weiss Ratings raised shares of CF Industries from a "buy (b-)" rating to a "buy (b)" rating in a research note on Wednesday, September 16th. Finally, Sanford C. Bernstein started coverage on shares of CF Industries in a report on Friday, September 25th. They set an "outperform" rating and a $162.00 target price for the company. Two investment 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 given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $121.11.

CF Industries Stock Down 1.3%

CF Industries stock opened at $116.42 on Thursday. The firm has a market cap of $17.62 billion, a price-to-earnings ratio of 8.63, a PEG ratio of 0.23 and a beta of 0.53. The stock has a fifty day simple moving average of $123.66 and a two-hundred day simple moving average of $119.94. CF Industries Holdings, Inc. has a 12 month low of $75.42 and a 12 month high of $141.96. The company has a current ratio of 4.86, a quick ratio of 4.32 and a debt-to-equity ratio of 0.36.

CF Industries (NYSE:CF - Get Free Report) last posted 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 business had revenue of $2.22 billion during the quarter, compared to analysts' expectations of $2.45 billion. During the same quarter in the prior year, the firm earned $2.37 EPS. The firm's revenue for the quarter was up 17.6% compared to the same quarter last year. Equities analysts predict that CF Industries Holdings, Inc. will post 13.90 EPS for the current fiscal year.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Monday, November 16th. CF Industries's dividend payout ratio (DPR) is presently 17.79%.

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.

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