325,694 Shares in CF Industries Holdings, Inc. $CF Purchased by Andra AP fonden

Key Points

• Andra AP fonden purchased 325,694 CF Industries shares worth approximately $35.26 million, giving it a 0.22% stake. Institutional investors collectively own 93.06% of the company.
• CF Industries reported quarterly earnings of $4.73 per share, below the $5.63 consensus estimate, while revenue rose 17.6% year over year to $2.22 billion.
• The stock fell 2.8% to $119.84, while analysts maintain a consensus “Hold” rating with an average price target of $116.47. The company also raised its quarterly dividend to $0.60 per share, representing a 2.0% yield.

Andra AP fonden bought a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 325,694 shares of the basic materials company's stock, valued at approximately $35,260,000. Andra AP fonden owned 0.22% of CF Industries at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of CF. Himension Capital Singapore PTE. LTD. acquired a new stake in CF Industries during the 1st quarter worth $25,000. Virtus Advisers LLC bought a new position in shares of CF Industries in the 2nd quarter worth $25,000. Continuum Advisory LLC acquired a new stake in shares of CF Industries during the second quarter worth $28,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of CF Industries during the second quarter worth $29,000. Finally, Hantz Financial Services Inc. increased its holdings in CF Industries by 46.3% in the fourth quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company's stock valued at $38,000 after purchasing an additional 156 shares during the last quarter. Institutional investors own 93.06% of the company's stock.

CF Industries Stock Down 2.8%

Shares of CF traded down $3.43 during midday trading on Tuesday, hitting $119.84. The stock had a trading volume of 1,574,381 shares, compared to its average volume of 3,322,349. The firm has a market cap of $18.14 billion, a price-to-earnings ratio of 8.89, a price-to-earnings-growth ratio of 0.25 and a beta of 0.40. The company has a 50 day simple moving average of $125.67 and a two-hundred day simple moving average of $121.09. CF Industries Holdings, Inc. has a twelve month low of $75.42 and a twelve month high of $141.96. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.86 and a quick ratio of 4.32.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings data 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 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 quarterly revenue was up 17.6% on a year-over-year basis. During the same period in the prior year, the company earned $2.37 earnings per share. On average, analysts anticipate that CF Industries Holdings, Inc. will post 13.7 EPS for the current year.

CF Industries Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 14th were paid a $0.60 dividend. This is a boost from CF Industries's previous quarterly dividend of $0.50. This represents a $2.40 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Friday, August 14th. CF Industries's dividend payout ratio (DPR) is 17.79%.

Analysts Set New Price Targets

Several research firms have recently issued reports on CF. BNP Paribas Exane decreased their target price on CF Industries from $140.00 to $120.00 and set a "neutral" rating for the company in a research report on Monday, June 15th. Zacks Research lowered shares of CF Industries from a "strong-buy" rating to a "hold" rating in a research note on Monday, June 15th. Morgan Stanley decreased their price objective on shares of CF Industries from $135.00 to $115.00 and set an "equal weight" rating for the company in a report on Tuesday, July 7th. Canadian Imperial Bank of Commerce reaffirmed a "neutral" rating and issued a $129.00 target price on shares of CF Industries in a research note on Friday, July 24th. Finally, UBS Group increased their target price on shares of CF Industries from $115.00 to $123.00 and gave the stock a "neutral" rating in a report on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $116.47.

About CF Industries

CF Industries Holdings, Inc is a global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and nitric acid, which are used primarily in agriculture to support crop production. Its industrial products also serve customers in areas such as emissions control, plastics, resins, chemicals and other manufacturing applications.

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

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