Commonwealth Equity Services LLC Has $2.48 Million Stake in CF Industries Holdings, Inc. (NYSE:CF)

Commonwealth Equity Services LLC increased its position in shares of CF Industries Holdings, Inc. (NYSE:CF – Get Rating) by 65.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,066 shares of the basic materials company’s stock after buying an additional 11,530 shares during the period. Commonwealth Equity Services LLC’s holdings in CF Industries were worth $2,476,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in CF. Romano Brothers AND Company acquired a new stake in CF Industries during the 4th quarter valued at $26,000. Guardian Wealth Advisors LLC bought a new position in CF Industries in the 3rd quarter valued at about $32,000. Kistler Tiffany Companies LLC bought a new position in CF Industries in the 3rd quarter valued at about $38,000. Assetmark Inc. bought a new position in CF Industries in the 3rd quarter valued at about $40,000. Finally, Global Retirement Partners LLC raised its holdings in CF Industries by 55.7% in the 3rd quarter. Global Retirement Partners LLC now owns 425 shares of the basic materials company’s stock valued at $45,000 after acquiring an additional 152 shares during the period. 92.94% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Stock Up 1.1 %

Shares of NYSE CF opened at $67.29 on Tuesday. The firm has a market cap of $13.12 billion, a PE ratio of 4.50, a price-to-earnings-growth ratio of 1.29 and a beta of 1.01. CF Industries Holdings, Inc. has a 1 year low of $63.81 and a 1 year high of $119.60. The company has a 50 day simple moving average of $73.06 and a 200 day simple moving average of $85.85. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.46 and a quick ratio of 3.97.

CF Industries (NYSE:CF – Get Rating) last released its quarterly earnings data on Monday, May 1st. The basic materials company reported $2.85 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $0.22. CF Industries had a net margin of 29.26% and a return on equity of 42.23%. The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $1.86 billion. During the same period in the previous year, the business earned $4.21 EPS. CF Industries’s revenue was down 29.8% compared to the same quarter last year. On average, research analysts forecast that CF Industries Holdings, Inc. will post 8.98 EPS for the current year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 31st. Shareholders of record on Monday, May 15th will be paid a $0.40 dividend. The ex-dividend date is Friday, May 12th. This represents a $1.60 annualized dividend and a yield of 2.38%. CF Industries’s dividend payout ratio is currently 10.70%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on CF. Royal Bank of Canada dropped their target price on CF Industries from $125.00 to $110.00 and set an “outperform” rating for the company in a report on Thursday, April 13th. Wells Fargo & Company decreased their price target on CF Industries from $109.00 to $102.00 and set an “overweight” rating on the stock in a research report on Monday, April 17th. StockNews.com initiated coverage on shares of CF Industries in a research note on Thursday, March 16th. They set a “hold” rating on the stock. BMO Capital Markets cut their price target on shares of CF Industries from $115.00 to $105.00 in a report on Wednesday, May 3rd. Finally, Bank of America upped their price target on shares of CF Industries from $96.00 to $100.00 in a report on Wednesday, May 3rd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, CF Industries presently has a consensus rating of “Moderate Buy” and an average target price of $96.15.

CF Industries Profile

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CF Industries Holdings, Inc engages in the manufacture and distribution of nitrogen fertilizer. The firm owns and operates nitrogen plants and serves agricultural and industrial customers through its distribution system. It operates through following segments: Ammonia, Granular Urea, UAN, AN, and Other.