Man Group plc bought a new stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 82,145 shares of the basic materials company's stock, valued at approximately $8,893,000. Man Group plc owned approximately 0.05% of CF Industries at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in CF Industries by 3.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,500 shares of the basic materials company's stock worth $1,368,000 after purchasing an additional 518 shares during the last quarter. Jones Financial Companies Lllp boosted its position in CF Industries by 161.1% during the first quarter. Jones Financial Companies Lllp now owns 11,870 shares of the basic materials company's stock worth $928,000 after purchasing an additional 7,324 shares in the last quarter. Woodline Partners LP grew its holdings in CF Industries by 40.7% in the first quarter. Woodline Partners LP now owns 14,703 shares of the basic materials company's stock valued at $1,149,000 after purchasing an additional 4,252 shares during the last quarter. Focus Partners Wealth grew 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 purchasing an additional 638 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its position in shares of CF Industries by 141.6% in the first quarter. Geneos Wealth Management Inc. now owns 790 shares of the basic materials company's stock valued at $62,000 after buying an additional 463 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.
CF Industries Stock Up 0.0%
CF opened at $125.75 on Friday. The company has a quick ratio of 4.32, a current ratio of 4.86 and a debt-to-equity ratio of 0.36. The firm has a market cap of $19.03 billion, a P/E ratio of 9.32, a PEG ratio of 0.25 and a beta of 0.39. CF Industries Holdings, Inc. has a 52 week low of $75.42 and a 52 week high of $141.96. The business's fifty day simple moving average is $118.18 and its 200 day simple moving average is $116.87.
CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings data 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). CF Industries had a return on equity of 24.41% and a net margin of 27.12%.The company had revenue of $2.22 billion for the quarter, compared to analysts' expectations of $2.45 billion. During the same quarter in the prior year, the business posted $2.37 EPS. The company's revenue for the quarter was up 17.6% compared to the same quarter last year. As a group, equities research analysts anticipate that CF Industries Holdings, Inc. will post 13.7 EPS for the current fiscal year.
CF Industries Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. This is a boost from CF Industries's previous quarterly dividend of $0.50. The ex-dividend date is Friday, August 14th. CF Industries's payout ratio is presently 17.79%.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on CF shares. Weiss Ratings downgraded CF Industries from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday, August 21st. Canadian Imperial Bank of Commerce reissued a "neutral" rating and issued a $129.00 price objective on shares of CF Industries in a research note on Friday, July 24th. BNP Paribas Exane dropped their target price on shares of CF Industries from $140.00 to $120.00 and set a "neutral" rating for the company in a report on Monday, June 15th. UBS Group lifted their target price on shares of CF Industries from $115.00 to $123.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. Finally, BMO Capital Markets reduced their price target on shares of CF Industries from $140.00 to $135.00 and set an "outperform" rating on the stock in a report on Tuesday, June 30th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $116.56.
Read Our Latest Analysis on CF
More CF Industries News
Here are the key news stories impacting CF Industries this week:
- Positive Sentiment: CF Industries and its partners broke ground on the roughly $3.7 billion Blue Point One low-carbon ammonia plant in Louisiana. The project is designed to produce approximately 1.4 million metric tons annually, with production targeted for 2029. It could strengthen domestic fertilizer supply while positioning CF in the emerging lower-carbon ammonia market. CF Industries and Partners Break Ground on Low-Carbon Ammonia Plant
- Positive Sentiment: Investor Kevin Simpson disclosed that he is buying more CF Industries, describing the fertilizer producer as an attractive way to participate in U.S. reindustrialization. His endorsement may support sentiment around CF’s valuation, domestic manufacturing exposure and expected demand for nitrogen products. Kevin Simpson is buying this play on America's reindustrialization at a very attractive price
- Positive Sentiment: Coverage contrasted CF’s progress with setbacks affecting Woodside’s blue-ammonia project, highlighting CF’s ability to advance its own lower-carbon ammonia strategy. Woodside blue ammonia plant stumbles, though CF moves ahead
- Neutral Sentiment: The Louisiana project represents a major multiyear capital commitment, so investors will likely monitor construction costs, financing, regulatory support and whether low-carbon ammonia demand develops as expected before the planned 2029 startup. CF Industries and partners break ground on Louisiana ammonia plant
About CF Industries
(
Free Report)
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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