Public Employees Retirement System of Ohio Purchases 1,844 Shares of CF Industries Holdings, Inc. $CF

Public Employees Retirement System of Ohio grew its position in CF Industries Holdings, Inc. (NYSE:CF) by 3.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 55,281 shares of the basic materials company’s stock after purchasing an additional 1,844 shares during the period. Public Employees Retirement System of Ohio’s holdings in CF Industries were worth $5,086,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Nations Financial Group Inc. IA ADV lifted its holdings in shares of CF Industries by 1.3% in the first quarter. Nations Financial Group Inc. IA ADV now owns 8,727 shares of the basic materials company’s stock valued at $682,000 after purchasing an additional 116 shares in the last quarter. Rowlandmiller & PARTNERS.ADV increased its position in shares of CF Industries by 4.1% in the second quarter. Rowlandmiller & PARTNERS.ADV now owns 3,325 shares of the basic materials company’s stock valued at $306,000 after acquiring an additional 130 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of CF Industries by 7.7% in the second quarter. Farther Finance Advisors LLC now owns 1,838 shares of the basic materials company’s stock valued at $169,000 after acquiring an additional 131 shares during the last quarter. Oppenheimer Asset Management Inc. increased its position in shares of CF Industries by 2.0% in the first quarter. Oppenheimer Asset Management Inc. now owns 7,192 shares of the basic materials company’s stock valued at $562,000 after acquiring an additional 142 shares during the last quarter. Finally, Alps Advisors Inc. increased its position in shares of CF Industries by 3.5% in the first quarter. Alps Advisors Inc. now owns 4,624 shares of the basic materials company’s stock valued at $361,000 after acquiring an additional 158 shares during the last quarter. 93.06% of the stock is currently owned by institutional investors.

CF Industries Price Performance

CF Industries stock opened at $90.45 on Tuesday. The company has a current ratio of 3.22, a quick ratio of 2.84 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $14.65 billion, a price-to-earnings ratio of 11.81 and a beta of 0.95. The stock’s 50 day moving average is $87.52 and its 200-day moving average is $86.20. CF Industries Holdings, Inc. has a 12 month low of $67.34 and a 12 month high of $104.45.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, August 6th. The basic materials company reported $2.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.35 by $0.02. The business had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.73 billion. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The firm’s revenue for the quarter was up 20.2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.30 earnings per share. Equities research analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 15th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, August 15th. This represents a $2.00 annualized dividend and a yield of 2.2%. CF Industries’s dividend payout ratio is presently 26.11%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on CF shares. UBS Group lowered their target price on CF Industries from $103.00 to $101.00 and set a “neutral” rating on the stock in a research report on Thursday, August 7th. Scotiabank reaffirmed a “sector perform” rating and issued a $82.00 target price (up previously from $81.00) on shares of CF Industries in a research report on Monday, August 11th. Wolfe Research downgraded CF Industries from an “outperform” rating to a “peer perform” rating in a research report on Thursday, June 12th. JPMorgan Chase & Co. raised CF Industries from an “underweight” rating to a “neutral” rating and lifted their target price for the company from $75.00 to $92.00 in a research report on Tuesday, July 29th. Finally, Royal Bank Of Canada set a $100.00 target price on CF Industries and gave the company a “sector perform” rating in a research report on Monday, July 14th. 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 stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $95.00.

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.