Aberdeen Group plc Increases Position in CF Industries Holdings, Inc. $CF

Key Points

• Aberdeen Group plc increased its holdings in CF Industries Holdings, Inc. by 26.3%, owning approximately 0.07% of the company valued at $10.84 million after acquiring additional shares in the second quarter.
• CF Industries reported $2.37 earnings per share for the last quarter, surpassing analysts' expectations, with revenue increasing by 20.2% year-over-year.
• The company also announced a quarterly dividend of $0.50 per share, resulting in an annual yield of 2.3%, set to be paid on November 28th.

Aberdeen Group plc boosted its holdings in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 26.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 117,833 shares of the basic materials company's stock after purchasing an additional 24,525 shares during the quarter. Aberdeen Group plc owned about 0.07% of CF Industries worth $10,841,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Nations Financial Group Inc. IA ADV lifted its holdings in CF Industries by 1.3% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 8,727 shares of the basic materials company's stock worth $682,000 after purchasing an additional 116 shares in the last quarter. Rowlandmiller & PARTNERS.ADV raised its position in shares of CF Industries by 4.1% during the second quarter. Rowlandmiller & PARTNERS.ADV now owns 3,325 shares of the basic materials company's stock valued at $306,000 after buying an additional 130 shares during the last quarter. Farther Finance Advisors LLC grew its stake in CF Industries by 7.7% during the second quarter. Farther Finance Advisors LLC now owns 1,838 shares of the basic materials company's stock valued at $169,000 after acquiring an additional 131 shares in the last quarter. Oppenheimer Asset Management Inc. increased its holdings in CF Industries by 2.0% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 7,192 shares of the basic materials company's stock valued at $562,000 after acquiring an additional 142 shares during the last quarter. Finally, Alps Advisors Inc. lifted its stake in CF Industries by 3.5% in the 1st quarter. Alps Advisors Inc. now owns 4,624 shares of the basic materials company's stock worth $361,000 after purchasing an additional 158 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company's stock.

CF Industries Stock Down 1.5%

Shares of NYSE:CF opened at $85.44 on Thursday. The firm has a market capitalization of $13.84 billion, a PE ratio of 11.15 and a beta of 0.93. The business has a 50 day simple moving average of $86.58 and a two-hundred day simple moving average of $87.06. CF Industries Holdings, Inc. has a 1 year low of $67.34 and a 1 year high of $104.45. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.22 and a quick ratio of 2.84.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The basic materials company reported $2.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.35 by $0.02. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The company had revenue of $1.89 billion during the quarter, compared to analysts' expectations of $1.73 billion. During the same quarter in the previous year, the business earned $2.30 EPS. CF Industries's revenue was up 20.2% compared to the same quarter last year. On average, equities analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, November 14th. CF Industries's dividend payout ratio is currently 26.11%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Royal Bank Of Canada set a $100.00 target price on CF Industries and gave the stock a "sector perform" rating in a report on Monday, July 14th. Scotiabank reiterated a "sector perform" rating and set a $82.00 target price (up from $81.00) on shares of CF Industries in a research report on Monday, August 11th. UBS Group reduced their price target on shares of CF Industries from $101.00 to $96.00 and set a "neutral" rating on the stock in a research report on Monday, October 6th. Bank of America lifted their price objective on shares of CF Industries from $82.00 to $83.00 and gave the stock an "underperform" rating in a research note on Tuesday. Finally, Mizuho upped their target price on shares of CF Industries from $97.00 to $100.00 and gave the company a "neutral" rating in a research report on Thursday, October 9th. Three equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, CF Industries currently has an average rating of "Hold" and an average target price of $95.21.

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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