CF Industries Holdings, Inc. $CF Stock: Krilogy Financial LLC Raises Position

Key Points

• Krilogy Financial LLC increased its CF Industries position by 155.6% in the third quarter to 31,089 shares valued at approximately $3.77 million. Institutional investors collectively own 93.06% of the company.
• CF Industries reported quarterly earnings of $4.73 per share, below the $5.63 analyst consensus, while revenue rose 17.6% year over year to $2.22 billion. Analysts expect full-year earnings of $13.90 per share.
• The company declared a quarterly dividend of $0.60, equivalent to a 2.0% annual yield. Analyst sentiment is mixed, with an overall “Hold” rating and a consensus price target of $121.11.

Krilogy Financial LLC increased its position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 155.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,089 shares of the basic materials company's stock after buying an additional 18,925 shares during the period. Krilogy Financial LLC's holdings in CF Industries were worth $3,773,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. MassMutual Private Wealth & Trust FSB raised its holdings in CF Industries by 20,006.3% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 150,194 shares of the basic materials company's stock valued at $19,025,000 after acquiring an additional 149,447 shares during the last quarter. Vann Equity Management LLC lifted its stake in shares of CF Industries by 127.3% during the 3rd quarter. Vann Equity Management LLC now owns 8,797 shares of the basic materials company's stock worth $1,071,000 after purchasing an additional 4,926 shares during the period. Saudi Central Bank boosted its holdings in shares of CF Industries by 86.8% during the second quarter. Saudi Central Bank now owns 10,753 shares of the basic materials company's stock worth $1,164,000 after purchasing an additional 4,996 shares during the last quarter. S&CO Inc. acquired a new stake in shares of CF Industries during the second quarter worth $2,630,000. Finally, Teamwork Financial Advisors LLC acquired a new stake in shares of CF Industries during the second quarter worth $10,108,000. Hedge funds and other institutional investors own 93.06% of the company's stock.

CF Industries Stock Up 1.9%

CF opened at $119.51 on Thursday. CF Industries Holdings, Inc. has a 1 year low of $75.42 and a 1 year high of $141.96. The firm has a 50 day moving average price of $123.60 and a 200 day moving average price of $120.42. 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 company has a market cap of $18.09 billion, a PE ratio of 8.86, a price-to-earnings-growth ratio of 0.23 and a beta of 0.53.

CF Industries (NYSE:CF - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share for the quarter, missing analysts' consensus estimates of $5.63 by ($0.90). CF Industries had a net margin of 27.12% and a return on equity of 24.41%. The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.45 billion. During the same period last year, the firm earned $2.37 earnings per share. The company's quarterly revenue was up 17.6% on a year-over-year basis. Sell-side analysts expect that CF Industries Holdings, Inc. will post 13.90 earnings per share for the current year.

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 16th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, November 16th. CF Industries's dividend payout ratio (DPR) is currently 17.79%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on CF shares. Scotiabank upped their target price on CF Industries from $125.00 to $130.00 and gave the company an "outperform" rating in a research note on Monday, August 10th. Canadian Imperial Bank of Commerce reissued a "neutral" rating and issued a $129.00 price target on shares of CF Industries in a research note on Friday, July 24th. Sanford C. Bernstein began coverage on CF Industries in a report on Friday, September 25th. They issued an "outperform" rating and a $162.00 price target for the company. UBS Group upped their price objective on shares of CF Industries from $115.00 to $123.00 and gave the company a "neutral" rating in a research note on Friday, August 7th. Finally, KeyCorp began coverage on shares of CF Industries in a research note on Thursday, September 10th. They set an "underweight" rating and a $115.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $121.11.

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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