Csenge Advisory Group Acquires Shares of 9,255 CF Industries Holdings, Inc. $CF

Key Points

• Csenge Advisory Group acquired 9,255 shares of CF Industries during the second quarter, valued at approximately $1.0 million. Institutional investors collectively own 93.06% of the company.
• Analysts have a consensus “Hold” rating on CF, with an average price target of $116.56, despite several firms raising their targets.
• CF Industries reported quarterly EPS of $4.73, below the $5.63 estimate, while revenue rose 17.6% year over year. The company increased its quarterly dividend from $0.50 to $0.60 per share, representing a 2.0% annualized yield.

Csenge Advisory Group bought a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 9,255 shares of the basic materials company's stock, valued at approximately $1,002,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in CF. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of CF Industries during the fourth quarter valued at approximately $11,556,000. Twin Capital Management Inc. purchased a new stake in CF Industries during the 4th quarter valued at $714,000. AIA Group Ltd purchased a new stake in CF Industries during the 1st quarter valued at $3,428,000. Teamwork Financial Advisors LLC bought a new position in shares of CF Industries during the 2nd quarter valued at $10,108,000. Finally, Deane Retirement Strategies Inc. lifted its holdings in shares of CF Industries by 27.1% during the 2nd quarter. Deane Retirement Strategies Inc. now owns 62,022 shares of the basic materials company's stock valued at $6,708,000 after buying an additional 13,220 shares during the period. Hedge funds and other institutional investors own 93.06% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on CF shares. Wall Street Zen cut CF Industries from a "buy" rating to a "hold" rating in a research report on Saturday, July 18th. Berenberg Bank lifted their price target on shares of CF Industries from $86.00 to $106.00 and gave the stock a "hold" rating in a research note on Thursday, May 28th. Bank of America boosted their price objective on shares of CF Industries from $103.00 to $106.00 in a research report on Thursday, May 14th. Zacks Research lowered CF Industries from a "strong-buy" rating to a "hold" rating in a research note on Monday, June 15th. Finally, JPMorgan Chase & Co. upped their price objective on CF Industries from $94.00 to $115.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $116.56.

CF Industries Trading Down 0.3%

Shares of CF opened at $119.31 on Thursday. The firm has a market cap of $18.06 billion, a P/E ratio of 8.84, a price-to-earnings-growth ratio of 0.23 and a beta of 0.39. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.86 and a quick ratio of 4.32. CF Industries Holdings, Inc. has a 1 year low of $75.42 and a 1 year high of $141.96. The company has a 50 day simple moving average of $115.20 and a two-hundred day simple moving average of $115.34.

CF Industries (NYSE:CF - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $4.73 EPS for the quarter, missing analysts' consensus estimates of $5.63 by ($0.90). The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.45 billion. CF Industries had a net margin of 27.12% and a return on equity of 24.41%. CF Industries's quarterly revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the company posted $2.37 earnings per share. On average, equities analysts expect that CF Industries Holdings, Inc. will post 13.85 earnings per share for the current fiscal year.

CF Industries Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be issued 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 Friday, August 14th. This is a positive change from CF Industries's previous quarterly dividend of $0.50. CF Industries's payout ratio is 17.79%.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.

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