CF Industries Holdings, Inc. $CF Stock Purchased by E. Ohman J or Asset Management AB

Key Points

• E. Ohman J or Asset Management AB increased its CF Industries stake by 577.9% in the third quarter, holding 44,742 shares valued at approximately $5.6 million. Institutional investors collectively own 93.06% of the company.
• Analysts maintain a consensus “Hold” rating on CF Industries, with a consensus price target of $121.11. Recent analyst targets range from $110 to $123.
• CF Industries reported quarterly earnings of $4.73 per share, below the $5.63 consensus estimate, although 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% yield.

E. Ohman J or Asset Management AB lifted its holdings in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 577.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,742 shares of the basic materials company's stock after purchasing an additional 38,142 shares during the quarter. E. Ohman J or Asset Management AB's holdings in CF Industries were worth $5,594,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of CF Industries by 3.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,360 shares of the basic materials company's stock worth $306,000 after acquiring an additional 84 shares during the last quarter. Eley Financial Management Inc increased its holdings in shares of CF Industries by 0.6% during the first quarter. Eley Financial Management Inc now owns 13,764 shares of the basic materials company's stock valued at $1,787,000 after acquiring an additional 87 shares in the last quarter. Personal CFO Solutions LLC increased its holdings in shares of CF Industries by 1.1% during the first quarter. Personal CFO Solutions LLC now owns 8,176 shares of the basic materials company's stock valued at $1,062,000 after acquiring an additional 89 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of CF Industries by 6.9% during the first quarter. EverSource Wealth Advisors LLC now owns 1,496 shares of the basic materials company's stock valued at $194,000 after acquiring an additional 97 shares in the last quarter. Finally, Altshuler Shaham Ltd raised its position in shares of CF Industries by 36.6% in the 1st quarter. Altshuler Shaham Ltd now owns 418 shares of the basic materials company's stock valued at $54,000 after purchasing an additional 112 shares during the last quarter. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Weiss Ratings upgraded shares of CF Industries from a "buy (b-)" rating to a "buy (b)" rating in a research note on Wednesday, September 16th. Rothschild & Co Redburn upgraded shares of CF Industries from a "sell" rating to a "neutral" rating and upped their price target for the company from $98.00 to $110.00 in a research note on Monday, September 28th. UBS Group upped their price target 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. Royal Bank Of Canada decreased their price target on shares of CF Industries from $125.00 to $115.00 and set a "sector perform" rating for the company in a report on Friday, July 17th. Finally, Wall Street Zen downgraded shares of CF Industries from a "buy" rating to a "hold" rating in a research note on Saturday, July 18th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $121.11.

CF Industries Price Performance

Shares of NYSE:CF opened at $118.66 on Friday. CF Industries Holdings, Inc. has a twelve month low of $75.42 and a twelve month high of $141.96. The company has a current ratio of 4.86, a quick ratio of 4.32 and a debt-to-equity ratio of 0.36. The company has a market cap of $17.96 billion, a PE ratio of 8.80, a price-to-earnings-growth ratio of 0.23 and a beta of 0.53. The company's 50 day moving average is $123.69 and its 200 day moving average is $119.86.

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

CF Industries Dividend Announcement

The firm also recently announced 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. This represents a $2.40 annualized dividend 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 17.79%.

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.

Want to see what other hedge funds are holding CF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CF Industries Holdings, Inc. (NYSE:CF - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.