HighTower Advisors LLC Raises Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

HighTower Advisors LLC boosted its position in CF Industries Holdings, Inc. (NYSE:CF – Get Rating) by 88.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,484 shares of the basic materials company’s stock after buying an additional 15,742 shares during the quarter. HighTower Advisors LLC’s holdings in CF Industries were worth $2,857,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

CF has been the subject of several research analyst reports. Stifel Nicolaus dropped their target price on shares of CF Industries from $79.00 to $76.00 in a research report on Tuesday, May 16th. Scotiabank raised shares of CF Industries from a “sector perform” rating to a “sector outperform” rating and set a $95.00 price objective for the company in a research report on Monday, April 10th. Royal Bank of Canada lowered their price objective on shares of CF Industries from $125.00 to $110.00 and set an “outperform” rating for the company in a research report on Thursday, April 13th. Wells Fargo & Company lowered their price objective on shares of CF Industries from $109.00 to $102.00 and set an “overweight” rating for the company in a research report on Monday, April 17th. Finally, Barclays lowered their price objective on shares of CF Industries from $115.00 to $105.00 and set an “overweight” rating for the company in a research report on Friday, April 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, CF Industries presently has an average rating of “Moderate Buy” and an average price target of $94.71.

CF Industries Stock Up 0.8 %

CF stock opened at $66.22 on Monday. CF Industries Holdings, Inc. has a 12 month low of $63.45 and a 12 month high of $119.60. The firm has a market cap of $12.91 billion, a PE ratio of 4.43, a P/E/G ratio of 1.30 and a beta of 1.01. The firm has a 50 day simple moving average of $71.74 and a 200 day simple moving average of $84.71. 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 issued its quarterly earnings results on Monday, May 1st. The basic materials company reported $2.85 EPS for the quarter, beating the consensus estimate of $2.63 by $0.22. The business had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $1.86 billion. CF Industries had a net margin of 29.26% and a return on equity of 42.23%. The firm’s quarterly revenue was down 29.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.21 EPS. Equities research analysts forecast that CF Industries Holdings, Inc. will post 8.41 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The business also recently disclosed 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 2.42%. CF Industries’s dividend payout ratio is presently 10.70%.

CF Industries Company 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.