Janney Montgomery Scott LLC Has $1.73 Million Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Janney Montgomery Scott LLC lifted its position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 31.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,131 shares of the basic materials company's stock after purchasing an additional 5,255 shares during the quarter. Janney Montgomery Scott LLC's holdings in CF Industries were worth $1,730,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of CF. Curat Global LLC acquired a new position in CF Industries in the first quarter worth $25,000. Mizuho Bank Ltd. acquired a new position in CF Industries in the fourth quarter worth $26,000. Heck Capital Advisors LLC acquired a new position in CF Industries in the fourth quarter worth $34,000. Creative Financial Designs Inc. ADV boosted its stake in CF Industries by 50.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock worth $41,000 after purchasing an additional 161 shares in the last quarter. Finally, SBI Securities Co. Ltd. acquired a new position in CF Industries in the fourth quarter worth $51,000. Institutional investors and hedge funds own 93.06% of the company's stock.

Wall Street Analysts Forecast Growth

CF has been the topic of several research reports. Oppenheimer lowered CF Industries from an "outperform" rating to a "market perform" rating in a research note on Tuesday, April 22nd. The Goldman Sachs Group initiated coverage on CF Industries in a research note on Thursday, March 13th. They set a "neutral" rating and a $86.00 price target on the stock. Wolfe Research lowered CF Industries from an "outperform" rating to a "peer perform" rating in a research note on Thursday, June 12th. BNP Paribas upgraded CF Industries to a "strong-buy" rating in a report on Wednesday, April 9th. Finally, Scotiabank upgraded CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 price objective for the company in a report on Wednesday, April 9th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, CF Industries currently has a consensus rating of "Hold" and a consensus price target of $91.79.

Insider Transactions at CF Industries

In related news, EVP Susan L. Menzel sold 10,000 shares of the business's stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $100.23, for a total transaction of $1,002,300.00. Following the transaction, the executive vice president now owns 87,923 shares in the company, valued at $8,812,522.29. The trade was a 10.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.42% of the company's stock.

CF Industries Price Performance

CF Industries stock opened at $90.79 on Friday. CF Industries Holdings, Inc. has a one year low of $67.34 and a one year high of $104.45. The business has a fifty day moving average price of $88.04 and a 200-day moving average price of $84.58. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.59 and a quick ratio of 2.22. The firm has a market capitalization of $15.39 billion, a P/E ratio of 11.96 and a beta of 0.97.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.38. CF Industries had a return on equity of 17.39% and a net margin of 21.80%. The company had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.53 billion. During the same quarter last year, the company earned $1.03 earnings per share. The firm's quarterly revenue was up 13.1% on a year-over-year basis. As a group, equities research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Thursday, May 15th were issued a $0.50 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.20%. CF Industries's dividend payout ratio is currently 26.35%.

CF Industries announced that its Board of Directors has approved a share repurchase program on Wednesday, May 7th that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the basic materials company to purchase up to 14.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.

About CF Industries

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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