Signal Advisors Wealth LLC Buys 21,550 Shares of CF Industries Holdings, Inc. $CF

Key Points

• Signal Advisors Wealth LLC acquired 21,550 CF Industries shares during the third quarter, valued at approximately $2.7 million. Institutional investors collectively own 93.06% of the company.
• CF Industries reported quarterly EPS of $4.73, below the $5.63 consensus estimate, while revenue rose 17.6% year over year to $2.22 billion.
• The company declared a quarterly dividend of $0.60 per share, equivalent to $2.40 annually and a 2.0% yield. Analysts have an overall “Hold” rating, with an average price target of $121.11.

Signal Advisors Wealth LLC bought a new stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The fund bought 21,550 shares of the basic materials company's stock, valued at approximately $2,698,000.

A number of other hedge funds have also recently added to or reduced their stakes in CF. Himension Capital Singapore PTE. LTD. acquired a new stake in CF Industries during the first quarter valued at $25,000. Virtus Advisers LLC purchased a new position in CF Industries in the second quarter valued at $25,000. Continuum Advisory LLC purchased a new position in CF Industries in the second quarter valued at $28,000. Keating Financial Advisory Services Inc. acquired a new position in shares of CF Industries in the second quarter worth about $29,000. Finally, Retirement Wealth Solutions LLC acquired a new position in shares of CF Industries in the third quarter worth about $35,000. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Stock Up 1.9%

CF opened at $119.51 on Thursday. The company has a market cap of $18.09 billion, a PE ratio of 8.86, a price-to-earnings-growth ratio of 0.23 and a beta of 0.53. CF Industries Holdings, Inc. has a twelve month low of $75.42 and a twelve month high of $141.96. The company has a 50-day moving average price of $123.60 and a 200 day moving average price of $120.42. The company has a quick ratio of 4.32, a current ratio of 4.86 and a debt-to-equity ratio of 0.36.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.63 by ($0.90). CF Industries had a return on equity of 24.41% and a net margin of 27.12%. The firm had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.45 billion. During the same quarter in the previous year, the firm posted $2.37 earnings per share. The company's quarterly revenue was up 17.6% on a year-over-year basis. Sell-side analysts expect that CF Industries Holdings, Inc. will post 13.90 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, November 16th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.0%. CF Industries's dividend payout ratio is presently 17.79%.

Analysts Set New Price Targets

Several research firms have recently issued reports on CF. KeyCorp began coverage on shares of CF Industries in a research note on Thursday, September 10th. They set an "underweight" rating and a $115.00 target price on the stock. Wall Street Zen lowered CF Industries from a "buy" rating to a "hold" rating in a research note on Saturday, July 18th. set a $115.00 price target on CF Industries and gave the stock a "sector perform" rating in a report on Monday, October 5th. HSBC reduced their price target on CF Industries from $130.00 to $121.00 in a report on Wednesday, June 17th. Finally, Rothschild & Co Redburn upgraded CF Industries from a "sell" rating to a "neutral" rating and increased their price target for the stock from $98.00 to $110.00 in a research report on Monday, September 28th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $121.11.

About CF Industries

CF Industries Holdings, Inc NYSE: CF is a major global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and specialty nitrogen products used in agriculture, industrial applications and emissions-control systems.

CF Industries operates a network of production facilities in the United States, Canada and the United Kingdom, serving agricultural and industrial customers in North America and international markets.

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