Counterpoint Mutual Funds LLC Invests $399,000 in CF Industries Holdings, Inc. $CF

Key Points

• Counterpoint Mutual Funds LLC has invested approximately $399,000 in CF Industries Holdings, acquiring 4,333 shares, as reported in their recent SEC filing.
• Institutional investors and hedge funds collectively own 93.06% of CF Industries' stock, indicating strong institutional interest in the company.
• CF Industries recently announced a $0.50 quarterly dividend, reflecting an annualized payout of $2.00 and a dividend yield of 2.3%.

Counterpoint Mutual Funds LLC acquired a new stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 4,333 shares of the basic materials company's stock, valued at approximately $399,000.

Several other hedge funds have also recently bought and sold shares of the company. Pacer Advisors Inc. grew its position in CF Industries by 8,352.8% in the 1st quarter. Pacer Advisors Inc. now owns 1,451,338 shares of the basic materials company's stock valued at $113,422,000 after acquiring an additional 1,434,168 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of CF Industries by 72.8% in the first quarter. Bank of New York Mellon Corp now owns 2,278,354 shares of the basic materials company's stock valued at $178,053,000 after purchasing an additional 959,901 shares during the period. AQR Capital Management LLC grew its holdings in shares of CF Industries by 113.1% in the first quarter. AQR Capital Management LLC now owns 928,701 shares of the basic materials company's stock valued at $72,123,000 after purchasing an additional 492,846 shares in the last quarter. Ameriprise Financial Inc. increased its stake in CF Industries by 16.8% during the 1st quarter. Ameriprise Financial Inc. now owns 3,275,464 shares of the basic materials company's stock worth $255,977,000 after buying an additional 470,746 shares during the period. Finally, Nuveen LLC acquired a new stake in CF Industries during the 1st quarter worth approximately $34,179,000. Institutional investors and hedge funds own 93.06% of the company's stock.

Analyst Ratings Changes

Several research firms have commented on CF. Morgan Stanley set a $95.00 price target on shares of CF Industries and gave the stock an "equal weight" rating in a research note on Thursday, June 26th. UBS Group decreased their target price on CF Industries from $103.00 to $101.00 and set a "neutral" rating for the company in a report on Thursday, August 7th. Royal Bank Of Canada set a $100.00 price target on CF Industries and gave the stock a "sector perform" rating in a report on Monday, July 14th. BNP Paribas cut CF Industries from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 21st. Finally, HSBC cut their target price on shares of CF Industries from $104.00 to $95.00 and set a "hold" rating on the stock in a research note on Monday, September 15th. Three equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $95.00.

CF Industries Trading Up 1.6%

CF opened at $86.98 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.84 and a current ratio of 3.22. CF Industries Holdings, Inc. has a one year low of $67.34 and a one year high of $104.45. The company has a market cap of $14.09 billion, a P/E ratio of 11.35 and a beta of 0.95. The business's 50-day simple moving average is $87.60 and its 200-day simple moving average is $85.75.

CF Industries (NYSE:CF - Get Free Report) last announced its quarterly 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. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The firm had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.73 billion. During the same period in the prior year, the company posted $2.30 earnings per share. The firm's quarterly revenue was up 20.2% compared to the same quarter last year. As a group, equities research analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 15th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, August 15th. CF Industries's dividend payout ratio (DPR) is 26.11%.

CF Industries 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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