Edmond DE Rothschild Holding S.A. Makes New Investment in CF Industries Holdings, Inc. $CF

Key Points

• Edmond DE Rothschild Holding acquired 10,344 CF Industries shares worth approximately $1.12 million in the second quarter. Institutional investors collectively own 93.06% of the company.
• CF Industries reported quarterly EPS of $4.73, below the $5.63 consensus estimate, while revenue rose 17.6% year over year to $2.22 billion. The stock was trading at $125.68, up 5.6%.
• The company raised its quarterly dividend from $0.50 to $0.60 per share, equivalent to an annualized $2.40 payout and a 1.9% yield. Analysts’ overall consensus rating remains “Hold,” with an average price target of $116.56.

Edmond DE Rothschild Holding S.A. purchased a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 10,344 shares of the basic materials company's stock, valued at approximately $1,120,000.

Other institutional investors also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in CF Industries by 3.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,500 shares of the basic materials company's stock worth $1,368,000 after buying an additional 518 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of CF Industries by 161.1% in the first quarter. Jones Financial Companies Lllp now owns 11,870 shares of the basic materials company's stock worth $928,000 after acquiring an additional 7,324 shares during the period. Woodline Partners LP lifted its stake in shares of CF Industries by 40.7% in the first quarter. Woodline Partners LP now owns 14,703 shares of the basic materials company's stock worth $1,149,000 after acquiring an additional 4,252 shares during the period. Focus Partners Wealth boosted its holdings in CF Industries by 21.8% in the first quarter. Focus Partners Wealth now owns 3,558 shares of the basic materials company's stock valued at $278,000 after acquiring an additional 638 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its position in CF Industries by 141.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 790 shares of the basic materials company's stock valued at $62,000 after purchasing an additional 463 shares during the period. Institutional investors own 93.06% of the company's stock.

CF Industries Trading Up 5.6%

CF opened at $125.68 on Friday. The company has a fifty day moving average price of $115.58 and a two-hundred day moving average price of $115.57. CF Industries Holdings, Inc. has a 1-year low of $75.42 and a 1-year high of $141.96. The company has a market cap of $19.02 billion, a P/E ratio of 9.32, a price-to-earnings-growth ratio of 0.23 and a beta of 0.39. The company has a current ratio of 4.86, a quick ratio of 4.32 and a debt-to-equity ratio of 0.36.

CF Industries (NYSE:CF - Get Free Report) last issued its earnings results 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). CF Industries had a net margin of 27.12% and a return on equity of 24.41%. The firm had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.45 billion. During the same quarter in the prior year, the business earned $2.37 earnings per share. The business's quarterly revenue was up 17.6% on a year-over-year basis. Analysts predict that CF Industries Holdings, Inc. will post 13.85 EPS for the current fiscal year.

CF Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.9%. This is a boost from CF Industries's previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Friday, August 14th. CF Industries's payout ratio is 17.79%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. BNP Paribas Exane dropped their price target on shares of CF Industries from $140.00 to $120.00 and set a "neutral" rating on the stock in a research report on Monday, June 15th. Canadian Imperial Bank of Commerce restated a "neutral" rating and issued a $129.00 target price on shares of CF Industries in a report on Friday, July 24th. Zacks Research cut shares of CF Industries from a "strong-buy" rating to a "hold" rating in a research report on Monday, June 15th. Barclays increased their price target on CF Industries from $130.00 to $145.00 and gave the stock an "overweight" rating in a report on Monday, April 27th. Finally, HSBC cut their target price on CF Industries from $130.00 to $121.00 in a research report on Wednesday, June 17th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $116.56.

About CF Industries

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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