CF Industries Holdings, Inc. $CF Holdings Raised by TD Waterhouse Canada Inc.

Key Points

• TD Waterhouse Canada increased its CF Industries stake by 3,023% in the third quarter, adding 204,231 shares to own 210,987 shares worth approximately $26.4 million. Institutional investors collectively hold 93.06% of the company.
• Analyst sentiment remains mixed, with CF Industries carrying a consensus “Hold” rating and an average price target of $121.11. 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 declared a quarterly dividend of $0.60 per share, representing a 2.0% annualized yield.

TD Waterhouse Canada Inc. increased its stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 3,023.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 210,987 shares of the basic materials company's stock after buying an additional 204,231 shares during the quarter. TD Waterhouse Canada Inc. owned about 0.14% of CF Industries worth $26,440,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Himension Capital Singapore PTE. LTD. bought a new position in CF Industries during the 1st quarter worth $25,000. Virtus Advisers LLC bought a new stake in shares of CF Industries during the 2nd quarter valued at $25,000. Continuum Advisory LLC bought a new stake in shares of CF Industries during the 2nd quarter valued at $28,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of CF Industries during the 2nd quarter worth $29,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in shares of CF Industries during the 3rd quarter worth $35,000. Institutional investors and hedge funds own 93.06% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. UBS Group raised their price target on CF Industries from $115.00 to $123.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. The Goldman Sachs Group cut their price objective on shares of CF Industries from $133.00 to $115.00 and set a "neutral" rating for the company in a research report on Tuesday, June 23rd. BMO Capital Markets reduced their price objective on shares of CF Industries from $140.00 to $135.00 and set an "outperform" rating on the stock in a research note on Tuesday, June 30th. set a $115.00 target price on shares of CF Industries and gave the company a "sector perform" rating in a report on Monday, October 5th. Finally, Sanford C. Bernstein started coverage on shares of CF Industries in a report on Friday, September 25th. They issued an "outperform" rating and a $162.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $121.11.

CF Industries Price Performance

CF Industries stock opened at $120.90 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.32 and a current ratio of 4.86. CF Industries Holdings, Inc. has a 52 week low of $75.42 and a 52 week high of $141.96. The stock has a market capitalization of $18.30 billion, a P/E ratio of 8.96, a price-to-earnings-growth ratio of 0.23 and a beta of 0.53. The stock has a fifty day moving average of $123.78 and a 200-day moving average of $120.31.

CF Industries (NYSE:CF - Get Free Report) last posted its 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 company had revenue of $2.22 billion during 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 firm's revenue was up 17.6% compared to the same quarter last year. During the same period last year, the company posted $2.37 EPS. On average, sell-side analysts expect that CF Industries Holdings, Inc. will post 13.90 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 30th. Investors of record on Monday, November 16th will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, November 16th. This represents a $2.40 annualized dividend and a dividend yield of 2.0%. CF Industries's payout ratio is 17.79%.

CF Industries Profile

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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