Amundi Acquires 454,529 Shares of CF Industries Holdings, Inc. $CF

Amundi increased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 50.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,356,819 shares of the basic materials company's stock after purchasing an additional 454,529 shares during the period. Amundi owned approximately 0.90% of CF Industries worth $146,888,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. HighTower Advisors LLC raised its holdings in shares of CF Industries by 253.0% during the second quarter. HighTower Advisors LLC now owns 68,103 shares of the basic materials company's stock valued at $7,373,000 after purchasing an additional 48,811 shares during the period. Groupe la Francaise boosted its position in shares of CF Industries by 17.2% during the 2nd quarter. Groupe la Francaise now owns 56,553 shares of the basic materials company's stock worth $6,122,000 after purchasing an additional 8,299 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of CF Industries in the 2nd quarter valued at about $44,614,000. California State Teachers Retirement System grew its stake in shares of CF Industries by 10,624.0% in the 2nd quarter. California State Teachers Retirement System now owns 19,345,196 shares of the basic materials company's stock valued at $2,094,311,000 after buying an additional 19,164,804 shares during the period. Finally, Wedmont Private Capital increased its position in CF Industries by 21.1% in the 2nd quarter. Wedmont Private Capital now owns 3,074 shares of the basic materials company's stock valued at $359,000 after buying an additional 536 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors.

CF Industries Trading Up 1.1%

NYSE:CF opened at $134.81 on Wednesday. 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 firm has a market cap of $20.40 billion, a price-to-earnings ratio of 9.99, a price-to-earnings-growth ratio of 0.26 and a beta of 0.40. The firm has a 50-day moving average price of $122.41 and a two-hundred day moving average price of $118.99. CF Industries Holdings, Inc. has a 52 week low of $75.42 and a 52 week high of $141.96.

CF Industries (NYSE:CF - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $4.73 EPS for the quarter, missing analysts' consensus estimates of $5.63 by ($0.90). The business had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.45 billion. CF Industries had a return on equity of 24.41% and a net margin of 27.12%.The business's revenue was up 17.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.37 earnings per share. On average, equities analysts expect that CF Industries Holdings, Inc. will post 13.7 earnings per share for the current fiscal year.

CF Industries Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 14th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.8%. This is an increase from CF Industries's previous quarterly dividend of $0.50. CF Industries's payout ratio is currently 17.79%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on CF shares. Berenberg Bank increased their price target on CF Industries from $86.00 to $106.00 and gave the stock a "hold" rating in a report on Thursday, May 28th. Freedom Broker lowered shares of CF Industries from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 26th. The Goldman Sachs Group lowered their price objective on shares of CF Industries from $133.00 to $115.00 and set a "neutral" rating on the stock in a report on Tuesday, June 23rd. Freedom Capital upgraded CF Industries from a "hold" rating to a "strong-buy" rating in a research note on Monday, May 18th. Finally, Wall Street Zen lowered CF Industries from a "buy" rating to a "hold" rating in a report on Saturday, July 18th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $116.56.

CF Industries Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.

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