Wealth Enhancement Advisory Services LLC Purchases 59,498 Shares of CF Industries Holdings, Inc. $CF

Wealth Enhancement Advisory Services LLC raised its position in CF Industries Holdings, Inc. (NYSE:CF) by 54.5% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 168,738 shares of the basic materials company’s stock after acquiring an additional 59,498 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.10% of CF Industries worth $15,971,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. QRG Capital Management Inc. lifted its stake in CF Industries by 21.8% in the 1st quarter. QRG Capital Management Inc. now owns 14,356 shares of the basic materials company’s stock valued at $1,122,000 after acquiring an additional 2,572 shares in the last quarter. Golden State Wealth Management LLC increased its position in shares of CF Industries by 119.8% during the 1st quarter. Golden State Wealth Management LLC now owns 378 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 206 shares during the last quarter. Talaria Asset Management Pty Ltd increased its position in shares of CF Industries by 77.0% during the 1st quarter. Talaria Asset Management Pty Ltd now owns 584,000 shares of the basic materials company’s stock worth $45,640,000 after purchasing an additional 254,000 shares during the last quarter. Sarasin & Partners LLP acquired a new position in shares of CF Industries during the 1st quarter worth approximately $1,716,000. Finally, Private Trust Co. NA increased its position in shares of CF Industries by 62.2% during the 1st quarter. Private Trust Co. NA now owns 720 shares of the basic materials company’s stock worth $56,000 after purchasing an additional 276 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Wells Fargo & Company lowered their price target on CF Industries from $108.00 to $101.00 and set an “overweight” rating on the stock in a research report on Monday, August 11th. Wolfe Research lowered CF Industries from an “outperform” rating to a “peer perform” rating in a report on Thursday, June 12th. Scotiabank reissued a “sector perform” rating and set a $82.00 target price (up from $81.00) on shares of CF Industries in a report on Monday, August 11th. Royal Bank Of Canada set a $100.00 target price on CF Industries and gave the stock a “sector perform” rating in a report on Monday, July 14th. Finally, Barclays raised CF Industries from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $95.00 to $100.00 in a report on Wednesday, August 13th. Three investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $95.00.

CF Industries Stock Up 1.1%

Shares of NYSE:CF opened at $85.03 on Monday. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $104.45. 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 business’s 50 day simple moving average is $88.01 and its two-hundred day simple moving average is $85.68. The firm has a market cap of $13.77 billion, a P/E ratio of 11.10 and a beta of 0.95.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, August 6th. The basic materials company reported $2.37 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 business had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.73 billion. During the same period last year, the company posted $2.30 earnings per share. CF Industries’s quarterly revenue was up 20.2% compared to the same quarter last year. As a group, research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 15th were given a $0.50 dividend. The ex-dividend date was Friday, August 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.4%. CF Industries’s payout ratio is 26.11%.

About CF Industries

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.