CF Industries Holdings, Inc. $CF Shares Purchased by Shell Asset Management Co.

Key Points

• Shell Asset Management Co. increased its stake in CF Industries Holdings, Inc. by 38.4% in Q2, acquiring an additional 6,303 shares, bringing its total holdings to 22,735 shares.
• CF Industries recently announced a quarterly dividend of $0.50 to be paid on November 28th, representing an annualized yield of 2.2%.
• The company reported earnings per share of $2.37 for the last quarter, exceeding analysts' expectations and reflecting a 20.2% year-over-year revenue increase.

Shell Asset Management Co. lifted its holdings in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 38.4% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,735 shares of the basic materials company's stock after purchasing an additional 6,303 shares during the period. Shell Asset Management Co.'s holdings in CF Industries were worth $2,092,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in CF. Nations Financial Group Inc. IA ADV increased its stake 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 valued at $682,000 after buying an additional 116 shares during the period. Rowlandmiller & PARTNERS.ADV increased its stake in CF Industries by 4.1% in the 2nd 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 period. Farther Finance Advisors LLC increased its stake in CF Industries by 7.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,838 shares of the basic materials company's stock valued at $169,000 after buying an additional 131 shares during the period. Oppenheimer Asset Management Inc. increased its stake 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 buying an additional 142 shares during the period. Finally, Alps Advisors Inc. grew its stake in shares of CF Industries by 3.5% during 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 during the period. Institutional investors and hedge funds own 93.06% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on CF. Wells Fargo & Company lowered their price target on shares of CF Industries from $108.00 to $101.00 and set an "overweight" rating on the stock in a research note on Monday, August 11th. Barclays raised shares of CF Industries from an "equal weight" rating to an "overweight" rating and upped their price target for the stock from $95.00 to $100.00 in a research note on Wednesday, August 13th. JPMorgan Chase & Co. raised shares of CF Industries from an "underweight" rating to a "neutral" rating and upped their price target for the stock from $75.00 to $92.00 in a research note on Tuesday, July 29th. Royal Bank Of Canada set a $100.00 price target on shares of CF Industries and gave the stock a "sector perform" rating in a research note on Monday, July 14th. Finally, Wolfe Research cut shares of CF Industries from an "outperform" rating to a "peer perform" rating in a research note on Thursday, June 12th. Three investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $94.77.

CF Industries Price Performance

NYSE:CF opened at $90.73 on Thursday. The firm has a market cap of $14.70 billion, a price-to-earnings ratio of 11.84 and a beta of 0.93. The company has a current ratio of 3.22, a quick ratio of 2.84 and a debt-to-equity ratio of 0.38. The company's 50-day moving average is $87.08 and its two-hundred day moving average is $86.70. CF Industries Holdings, Inc. has a 12-month low of $67.34 and a 12-month high of $104.45.

CF Industries (NYSE:CF - Get Free Report) last released its earnings results 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. The company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.73 billion. CF Industries had a net margin of 20.19% and a return on equity of 17.10%. The firm's quarterly revenue was up 20.2% on a year-over-year basis. During the same period in the prior year, the firm earned $2.30 EPS. Research analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, November 14th. CF Industries's dividend payout ratio is 26.11%.

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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