Wealth Enhancement Advisory Services LLC Raises Stock Holdings in CF Industries Holdings, Inc. $CF

Key Points

• Wealth Enhancement Advisory Services LLC increased its shares in CF Industries Holdings by 54.5%, owning a total of 168,738 shares valued at approximately $15.97 million as of its latest SEC filing.
• CF Industries reported $1.89 billion in revenue for the last quarter, exceeding analyst estimates of $1.73 billion, with an EPS of $2.37 surpassing expectations by $0.02.
• The company recently declared a quarterly dividend of $0.50, indicating a 2.4% dividend yield and a payout ratio of 26.11%.

Wealth Enhancement Advisory Services LLC lifted its position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 54.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 168,738 shares of the basic materials company's stock after acquiring an additional 59,498 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.10% of CF Industries worth $15,971,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Curat Global LLC bought a new stake in shares of CF Industries in the 1st quarter worth $25,000. Zions Bancorporation National Association UT bought a new position in CF Industries during the first quarter valued at about $27,000. Golden State Wealth Management LLC lifted its holdings in 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 valued at $30,000 after purchasing an additional 206 shares during the last quarter. TCTC Holdings LLC lifted its holdings in CF Industries by 114.1% during the first quarter. TCTC Holdings LLC now owns 379 shares of the basic materials company's stock valued at $30,000 after purchasing an additional 202 shares during the last quarter. Finally, Heck Capital Advisors LLC purchased a new stake in CF Industries during the fourth quarter valued at about $34,000. Institutional investors own 93.06% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on CF shares. Scotiabank reaffirmed a "sector perform" rating and set a $82.00 price objective (up from $81.00) on shares of CF Industries in a report on Monday, August 11th. Morgan Stanley set a $95.00 target price on shares of CF Industries and gave the company an "equal weight" rating in a research note on Thursday, June 26th. Wall Street Zen upgraded shares of CF Industries from a "hold" rating to a "buy" rating in a research report on Friday, September 5th. JPMorgan Chase & Co. upgraded shares of CF Industries from an "underweight" rating to a "neutral" rating and raised their target price for the stock from $75.00 to $92.00 in a report on Tuesday, July 29th. Finally, UBS Group cut their target price on shares of CF Industries from $103.00 to $101.00 and set a "neutral" rating on the stock in a report on Thursday, August 7th. Three analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, CF Industries has an average rating of "Hold" and an average target price of $95.00.

CF Industries Stock Up 0.7%

Shares of CF traded up $0.62 during trading hours on Monday, hitting $85.71. The company had a trading volume of 2,498,869 shares, compared to its average volume of 2,431,392. The firm has a fifty day moving average price of $87.78 and a 200-day moving average price of $85.74. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.84 and a current ratio of 3.22. The stock has a market capitalization of $13.88 billion, a price-to-earnings ratio of 11.19 and a beta of 0.95. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $104.45.

CF Industries (NYSE:CF - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The basic materials company reported $2.37 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $1.73 billion. During the same period last year, the company earned $2.30 EPS. CF Industries's revenue for the quarter was up 20.2% on a year-over-year basis. On average, equities research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 15th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, August 15th. CF Industries's dividend payout ratio is 26.11%.

CF Industries 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.