143,348 Shares of CF Industries Holdings, Inc. $CF Bought by Godsey & Gibb Inc.

Key Points

• Godsey & Gibb Inc. acquired 143,348 shares of CF Industries in the third quarter, valued at approximately $18.2 million, giving it a 0.09% stake. Institutional investors collectively owned 93.06% of the company.
• Analysts maintain a mixed outlook, with CF Industries receiving a consensus “Hold” rating and an average price target of $121.11; individual ratings ranged from “Sell” to “Strong Buy.”
• 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 declared a quarterly dividend of $0.60 per share, representing a 2.0% annualized yield.

Godsey & Gibb Inc. bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 143,348 shares of the basic materials company's stock, valued at approximately $18,165,000. Godsey & Gibb Inc. owned about 0.09% of CF Industries at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in shares of CF Industries in the second quarter valued at approximately $1,410,607,000. Dimensional Fund Advisors LP increased its stake in shares of CF Industries by 3.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,458,907 shares of the basic materials company's stock worth $579,062,000 after purchasing an additional 146,682 shares in the last quarter. Bank of America Corp DE raised its position in shares of CF Industries by 8.4% during the 1st quarter. Bank of America Corp DE now owns 2,048,671 shares of the basic materials company's stock worth $265,999,000 after purchasing an additional 158,119 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of CF Industries during the 2nd quarter worth approximately $198,857,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of CF Industries by 1.9% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,747,078 shares of the basic materials company's stock worth $189,139,000 after purchasing an additional 32,293 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company's stock.

Analyst Ratings Changes

CF has been the topic of a number of recent research reports. Weiss Ratings upgraded CF Industries from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, September 16th. HSBC cut their price target on CF Industries from $130.00 to $121.00 in a report on Wednesday, June 17th. Wall Street Zen downgraded CF Industries from a "buy" rating to a "hold" rating in a research report on Saturday, July 18th. Canadian Imperial Bank of Commerce reaffirmed a "neutral" rating and set a $129.00 price objective on shares of CF Industries in a research note on Friday, July 24th. Finally, Sanford C. Bernstein began coverage on CF Industries in a research report on Friday, September 25th. They set an "outperform" rating and a $162.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, CF Industries has a consensus rating of "Hold" and a consensus price target of $121.11.

CF Industries Stock Performance

Shares of CF opened at $119.51 on Thursday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.32 and a current ratio of 4.86. The company has a market capitalization of $18.09 billion, a price-to-earnings ratio of 8.86, a PEG ratio of 0.23 and a beta of 0.53. The company's 50 day simple moving average is $123.60 and its 200 day simple moving average is $120.42. CF Industries Holdings, Inc. has a 1 year low of $75.42 and a 1 year high of $141.96.

CF Industries (NYSE:CF - Get Free Report) last announced its earnings results on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share (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 analyst estimates of $2.45 billion. CF Industries had a return on equity of 24.41% and a net margin of 27.12%. The firm's revenue was up 17.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.37 EPS. On average, sell-side analysts predict that CF Industries Holdings, Inc. will post 13.90 EPS for the current year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be paid 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 is currently 17.79%.

About CF Industries

CF Industries Holdings, Inc NYSE: CF is a major global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and specialty nitrogen products used in agriculture, industrial applications and emissions-control systems.

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

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