PFG Investments LLC Makes New Investment in CF Industries Holdings, Inc. $CF

Key Points

• PFG Investments LLC has acquired a new position in CF Industries Holdings, Inc., purchasing 5,752 shares worth approximately $529,000 during the second quarter.
• The company's recent quarterly earnings report revealed income of $2.37 EPS, exceeding analysts' expectations, with revenues of $1.89 billion, a 20.2% year-over-year increase.
• CF Industries has announced a quarterly dividend of $0.50 per share, representing an annualized dividend yield of 2.2%, to be paid on November 28th.

PFG Investments LLC bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 5,752 shares of the basic materials company's stock, valued at approximately $529,000.

Other large investors also recently modified their holdings of the company. QRG Capital Management Inc. lifted its position in shares of CF Industries by 21.8% during the first quarter. QRG Capital Management Inc. now owns 14,356 shares of the basic materials company's stock worth $1,122,000 after purchasing an additional 2,572 shares in the last quarter. Golden State Wealth Management LLC lifted its position in shares of CF Industries by 119.8% during the first quarter. Golden State Wealth Management LLC now owns 378 shares of the basic materials company's stock worth $30,000 after purchasing an additional 206 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of CF Industries by 1,497.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 109,240 shares of the basic materials company's stock worth $8,537,000 after purchasing an additional 102,401 shares in the last quarter. Talaria Asset Management Pty Ltd lifted its position in shares of CF Industries by 77.0% during the first quarter. Talaria Asset Management Pty Ltd now owns 584,000 shares of the basic materials company's stock worth $45,640,000 after purchasing an additional 254,000 shares in the last quarter. Finally, Private Trust Co. NA lifted its position in shares of CF Industries by 62.2% during the first quarter. Private Trust Co. NA now owns 720 shares of the basic materials company's stock worth $56,000 after purchasing an additional 276 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Trading Up 0.3%

Shares of NYSE CF opened at $90.08 on Friday. The company's fifty day moving average is $87.19 and its 200-day moving average is $86.40. The stock has a market cap of $14.59 billion, a price-to-earnings ratio of 11.76 and a beta of 0.93. CF Industries Holdings, Inc. has a twelve month low of $67.34 and a twelve month high of $104.45. The company has a quick ratio of 2.84, a current ratio of 3.22 and a debt-to-equity ratio of 0.38.

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

CF Industries Dividend Announcement

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

Analyst Ratings Changes

CF has been the topic of a number of research reports. Royal Bank Of Canada set a $100.00 target price on shares of CF Industries and gave the stock a "sector perform" rating in a research report on Monday, July 14th. Barclays upgraded shares of CF Industries from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $95.00 to $100.00 in a report on Wednesday, August 13th. Wolfe Research lowered shares of CF Industries from an "outperform" rating to a "peer perform" rating in a report on Thursday, June 12th. Weiss Ratings restated a "hold (c)" rating on shares of CF Industries in a report on Saturday, September 27th. Finally, HSBC cut their price objective on shares of CF Industries from $104.00 to $95.00 and set a "hold" rating on the stock in a report on Monday, September 15th. Three analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, CF Industries currently has an average rating of "Hold" and an average target price of $95.00.

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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