CF Industries Holdings, Inc. $CF Stock: Nisa Investment Advisors LLC Raises Position

Key Points

• Nisa Investment Advisors increased its CF Industries position by 625.6% in the third quarter, bringing its holdings to 389,249 shares valued at approximately $48.9 million. Institutional investors collectively own 93.06% of the company.
• CF Industries reported quarterly EPS of $4.73, below the $5.63 analyst consensus, while revenue rose 17.6% year over year to $2.22 billion. Analysts expect full-year EPS of $13.90.
• The company declared a quarterly dividend of $0.60 per share, equating to a $2.40 annualized payout and a 2.0% yield. Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $121.11.

Nisa Investment Advisors LLC increased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 625.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 389,249 shares of the basic materials company's stock after acquiring an additional 335,602 shares during the period. Nisa Investment Advisors LLC owned about 0.26% of CF Industries worth $48,869,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of CF. MassMutual Private Wealth & Trust FSB boosted its stake in shares of CF Industries by 20,006.3% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 150,194 shares of the basic materials company's stock valued at $19,025,000 after purchasing an additional 149,447 shares during the period. Vann Equity Management LLC grew its holdings in shares of CF Industries by 127.3% in the third 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 last quarter. Farther Finance Advisors LLC increased its stake in CF Industries by 2,298.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 97,462 shares of the basic materials company's stock worth $12,297,000 after buying an additional 93,399 shares during the period. Saudi Central Bank increased its stake in CF Industries by 86.8% in the 2nd quarter. Saudi Central Bank now owns 10,753 shares of the basic materials company's stock worth $1,164,000 after buying an additional 4,996 shares during the period. Finally, S&CO Inc. purchased a new position in CF Industries in the 2nd quarter worth about $2,630,000. 93.06% of the stock is owned by institutional investors.

CF Industries Price Performance

NYSE:CF opened at $117.92 on Wednesday. The firm's fifty day moving average is $123.73 and its two-hundred day moving average is $120.04. The firm has a market cap of $17.85 billion, a price-to-earnings ratio of 8.74, a PEG ratio of 0.23 and a beta of 0.53. 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 one year low of $75.42 and a one year high of $141.96.

CF Industries (NYSE:CF - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.63 by ($0.90). CF Industries had a net margin of 27.12% and a return on equity of 24.41%. The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.45 billion. During the same period last year, the firm earned $2.37 EPS. The business's quarterly revenue was up 17.6% compared to the same quarter last year. Research analysts expect that CF Industries Holdings, Inc. will post 13.90 EPS for the current 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 given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.0%. The ex-dividend date is Monday, November 16th. CF Industries's dividend payout ratio (DPR) is currently 17.79%.

Analysts Set New Price Targets

CF has been the subject of several research reports. UBS Group boosted their price objective on shares of CF Industries from $115.00 to $123.00 and gave the company a "neutral" rating in a research report on Friday, August 7th. Freedom Broker lowered shares of CF Industries from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 26th. Royal Bank Of Canada reduced their target price on shares of CF Industries from $125.00 to $115.00 and set a "sector perform" rating on the stock in a research report on Friday, July 17th. Wall Street Zen downgraded CF Industries from a "buy" rating to a "hold" rating in a report on Saturday, July 18th. Finally, Morgan Stanley dropped their price objective on shares of CF Industries from $135.00 to $115.00 and set an "equal weight" rating on the stock in a research note on Tuesday, July 7th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $121.11.

CF Industries Profile

CF Industries Holdings, Inc is a global manufacturer of hydrogen and nitrogen products. The company produces ammonia, granular urea, urea ammonium nitrate, ammonium nitrate and nitric acid, which are used primarily in agricultural fertilizers and a range of industrial applications. CF Industries also supplies products such as diesel exhaust fluid and other nitrogen-based solutions.

The company serves agricultural and industrial customers in North America and internationally. Its manufacturing and distribution operations include facilities in the United States, Canada and the United Kingdom, supported by an extensive logistics and distribution network.

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