Friedenthal Financial Buys New Shares in CF Industries Holdings, Inc. $CF

Key Points

• Friedenthal Financial has purchased a new stake in CF Industries Holdings, Inc., buying 9,435 shares valued at approximately $868,000 during the second quarter.
• CF Industries reported earnings of $2.37 per share for the last quarter, exceeding the estimate of $2.35, with revenues of $1.89 billion, up by 20.2% year-over-year.
• The company announced a quarterly dividend of $0.50 per share, with a payout ratio of 26.11%, representing an annualized dividend yield of 2.2%.

Friedenthal Financial 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 filing with the Securities and Exchange Commission. The fund bought 9,435 shares of the basic materials company's stock, valued at approximately $868,000.

A number of other large investors also recently modified their holdings of the company. Nations Financial Group Inc. IA ADV lifted its holdings in shares of CF Industries by 1.3% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 8,727 shares of the basic materials company's stock worth $682,000 after purchasing an additional 116 shares in the last quarter. Rowlandmiller & PARTNERS.ADV lifted its holdings in shares of CF Industries by 4.1% in the 2nd quarter. Rowlandmiller & PARTNERS.ADV now owns 3,325 shares of the basic materials company's stock worth $306,000 after purchasing an additional 130 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of CF Industries by 7.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,838 shares of the basic materials company's stock worth $169,000 after purchasing an additional 131 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of CF Industries by 2.0% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 7,192 shares of the basic materials company's stock worth $562,000 after purchasing an additional 142 shares in the last quarter. Finally, Alps Advisors Inc. lifted its holdings in shares of CF Industries by 3.5% in the 1st quarter. Alps Advisors Inc. now owns 4,624 shares of the basic materials company's stock worth $361,000 after purchasing an additional 158 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors.

CF Industries Trading Down 0.2%

Shares of CF opened at $91.89 on Wednesday. The business has a 50-day moving average of $87.12 and a 200 day moving average of $86.68. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $104.45. The firm has a market cap of $14.88 billion, a P/E ratio of 12.00 and a beta of 0.93. 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 (NYSE:CF - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The basic materials company reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.35 by $0.02. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The company had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.73 billion. During the same quarter last year, the firm posted $2.30 EPS. The firm's revenue for the quarter was up 20.2% on a year-over-year basis. As a group, research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $2.00 annualized dividend and a yield of 2.2%. CF Industries's dividend payout ratio (DPR) is 26.11%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Weiss Ratings reiterated a "hold (c)" rating on shares of CF Industries in a report on Saturday, September 27th. BNP Paribas lowered CF Industries from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. raised CF Industries from an "underweight" rating to a "neutral" rating and increased their price target for the company from $75.00 to $92.00 in a research report on Tuesday, July 29th. Wall Street Zen raised CF Industries from a "hold" rating to a "buy" rating in a research report on Friday, September 5th. Finally, Morgan Stanley set a $95.00 price target on CF Industries and gave the company an "equal weight" rating in a research report on Thursday, June 26th. Three investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $94.64.

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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