Robeco Institutional Asset Management B.V. Boosts Stock Position in CF Industries Holdings, Inc. $CF

Key Points

• Robeco Institutional Asset Management B.V. increased its position in CF Industries by 8.2% during the second quarter, owning a total of 39,647 shares valued at approximately $3.65 million by the quarter's end.
• CF Industries reported quarterly earnings of $2.37 per share, exceeding analyst expectations, with a total revenue of $1.89 billion, up 20.2% year-over-year.
• The firm declared a quarterly dividend of $0.50 per share, set to be paid on November 28th, representing an annualized dividend yield of 2.2%.

Robeco Institutional Asset Management B.V. boosted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 8.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 39,647 shares of the basic materials company's stock after purchasing an additional 2,994 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in CF Industries were worth $3,648,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Zions Bancorporation National Association UT bought a new stake in shares of CF Industries in the 1st quarter valued at approximately $27,000. Golden State Wealth Management LLC increased its holdings in shares of CF Industries by 119.8% in the 1st quarter. Golden State Wealth Management LLC now owns 378 shares of the basic materials company's stock valued at $30,000 after acquiring an additional 206 shares during the last quarter. TCTC Holdings LLC increased its holdings in shares of CF Industries by 114.1% in the 1st quarter. TCTC Holdings LLC now owns 379 shares of the basic materials company's stock valued at $30,000 after acquiring an additional 202 shares during the last quarter. Grove Bank & Trust increased its holdings in shares of CF Industries by 118.5% in the 1st quarter. Grove Bank & Trust now owns 542 shares of the basic materials company's stock valued at $42,000 after acquiring an additional 294 shares during the last quarter. Finally, Summit Securities Group LLC bought a new stake in shares of CF Industries in the 1st quarter valued at approximately $50,000. 93.06% of the stock is currently owned by institutional investors.

CF Industries Trading Up 2.3%

Shares of CF stock opened at $92.12 on Tuesday. 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 Holdings, Inc. has a 1 year low of $67.34 and a 1 year high of $104.45. The stock has a fifty day moving average of $87.18 and a two-hundred day moving average of $86.64. The firm has a market capitalization of $14.92 billion, a PE ratio of 12.03 and a beta of 0.93.

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 (EPS) for the quarter, topping analysts' consensus estimates 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 in the previous year, the firm posted $2.30 EPS. The firm's quarterly revenue was up 20.2% on a year-over-year basis. As a group, research analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 28th. Shareholders 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 yield of 2.2%. The ex-dividend date is Friday, November 14th. CF Industries's payout ratio is 26.11%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on CF shares. Barclays upgraded CF Industries from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $95.00 to $100.00 in a report on Wednesday, August 13th. HSBC reduced their price objective on CF Industries from $104.00 to $95.00 and set a "hold" rating for the company in a research report on Monday, September 15th. UBS Group reduced their price objective on CF Industries from $101.00 to $96.00 and set a "neutral" rating for the company in a research report on Monday. BNP Paribas lowered CF Industries from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 21st. Finally, Scotiabank restated a "sector perform" rating and set a $82.00 price objective (up previously from $81.00) on shares of CF Industries in a research report on Monday, August 11th. 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 company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $94.64.

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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