MBB Public Markets I LLC Acquires New Position in CF Industries Holdings, Inc. $CF

Key Points

• MBB Public Markets I LLC acquired a new position in CF Industries Holdings, Inc., buying 4,149 shares valued at approximately $324,000 in the first quarter.
• CF Industries reported record revenue of $1.89 billion in its latest quarterly earnings, surpassing estimates and reflecting a 20.2% increase year-over-year.
• The company's dividend yield is currently 2.4%, with a quarterly dividend of $0.50 paid to stockholders on record as of August 15th.

MBB Public Markets I LLC acquired a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,149 shares of the basic materials company's stock, valued at approximately $324,000.

A number of other institutional investors have also modified their holdings of CF. Pacer Advisors Inc. grew its position in shares of CF Industries by 8,352.8% during the 1st quarter. Pacer Advisors Inc. now owns 1,451,338 shares of the basic materials company's stock valued at $113,422,000 after buying an additional 1,434,168 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in CF Industries by 72.8% during the 1st quarter. Bank of New York Mellon Corp now owns 2,278,354 shares of the basic materials company's stock valued at $178,053,000 after purchasing an additional 959,901 shares during the period. AQR Capital Management LLC boosted its stake in CF Industries by 113.1% during the 1st quarter. AQR Capital Management LLC now owns 928,701 shares of the basic materials company's stock valued at $72,123,000 after purchasing an additional 492,846 shares during the period. Ameriprise Financial Inc. boosted its stake in CF Industries by 16.8% during the 1st quarter. Ameriprise Financial Inc. now owns 3,275,464 shares of the basic materials company's stock valued at $255,977,000 after purchasing an additional 470,746 shares during the period. Finally, Nuveen LLC acquired a new position in CF Industries during the 1st quarter valued at about $34,179,000. Institutional investors own 93.06% of the company's stock.

Wall Street Analysts Forecast Growth

CF has been the subject of a number of analyst reports. Royal Bank Of Canada set a $100.00 target price on shares of CF Industries and gave the company a "sector perform" rating in a research note on Monday, July 14th. Wells Fargo & Company decreased their price target on CF Industries from $108.00 to $101.00 and set an "overweight" rating for the company in a research note on Monday, August 11th. Scotiabank reissued a "sector perform" rating and issued a $82.00 price target (up previously from $81.00) on shares of CF Industries in a research note on Monday, August 11th. Wolfe Research cut CF Industries from an "outperform" rating to a "peer perform" rating in a research note on Thursday, June 12th. Finally, Bank of America reiterated an "underperform" rating and issued a $82.00 target price (down previously from $93.00) on shares of CF Industries in a research report on Thursday, August 14th. Three analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $95.00.

CF Industries Stock Up 0.0%

CF stock opened at $84.51 on Tuesday. CF Industries Holdings, Inc. has a 52 week low of $67.34 and a 52 week high of $104.45. The company has a market capitalization of $13.69 billion, a price-to-earnings ratio of 11.03 and a beta of 0.95. The firm's 50-day moving average is $89.85 and its two-hundred day moving average is $85.21. The company has a current ratio of 3.22, a quick ratio of 2.84 and a debt-to-equity ratio of 0.38.

CF Industries (NYSE:CF - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The basic materials company reported $2.37 EPS for the quarter, topping analysts' consensus estimates of $2.35 by $0.02. CF Industries had a net margin of 20.19% and a return on equity of 17.10%. The company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.73 billion. During the same period in the previous year, the firm earned $2.30 EPS. CF Industries's revenue was up 20.2% on a year-over-year basis. On average, analysts forecast that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 15th were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.4%. CF Industries's payout ratio is currently 26.11%.

Insider Activity

In other news, EVP Susan L. Menzel sold 10,000 shares of CF Industries stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $100.23, for a total value of $1,002,300.00. Following the transaction, the executive vice president owned 87,923 shares of the company's stock, 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 SEC, which is accessible through this link. 0.71% of the stock is owned by corporate insiders.

CF Industries Company 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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