Farther Finance Advisors LLC Buys 131 Shares of CF Industries Holdings, Inc. $CF

Farther Finance Advisors LLC raised its stake in CF Industries Holdings, Inc. (NYSE:CF) by 7.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,838 shares of the basic materials company’s stock after buying an additional 131 shares during the quarter. Farther Finance Advisors LLC’s holdings in CF Industries were worth $169,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in shares of CF Industries by 1.5% in the first quarter. Vanguard Group Inc. now owns 21,040,601 shares of the basic materials company’s stock valued at $1,644,323,000 after purchasing an additional 319,343 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of CF Industries by 4.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 6,055,283 shares of the basic materials company’s stock valued at $473,220,000 after purchasing an additional 262,944 shares during the last quarter. Invesco Ltd. raised its holdings in shares of CF Industries by 4.4% in the first quarter. Invesco Ltd. now owns 5,708,643 shares of the basic materials company’s stock valued at $446,130,000 after purchasing an additional 240,756 shares during the last quarter. Boston Partners raised its holdings in shares of CF Industries by 9.3% in the first quarter. Boston Partners now owns 3,623,708 shares of the basic materials company’s stock valued at $283,169,000 after purchasing an additional 307,092 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of CF Industries by 16.8% in the first quarter. Ameriprise Financial Inc. now owns 3,275,464 shares of the basic materials company’s stock valued at $255,977,000 after purchasing an additional 470,746 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Wolfe Research downgraded shares of CF Industries from an “outperform” rating to a “peer perform” rating in a report on Thursday, June 12th. Wall Street Zen upgraded shares of CF Industries from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Wells Fargo & Company lowered their target price on shares of CF Industries from $108.00 to $101.00 and set an “overweight” rating on the stock in a report on Monday, August 11th. Morgan Stanley set a $95.00 target price on shares of CF Industries and gave the stock an “equal weight” rating in a report on Thursday, June 26th. Finally, HSBC lowered their target price on shares of CF Industries from $104.00 to $95.00 and set a “hold” rating on the stock in a report on Monday, September 15th. Three equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $95.00.

CF Industries Price Performance

CF opened at $89.76 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.84 and a current ratio of 3.22. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $104.45. The stock has a market capitalization of $14.54 billion, a PE ratio of 11.72 and a beta of 0.93. The stock’s 50 day moving average price is $87.26 and its 200-day moving average price is $86.31.

CF Industries (NYSE:CF) last posted its 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. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The firm had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.73 billion. During the same period in the previous year, the firm earned $2.30 earnings per share. The business’s revenue was up 20.2% compared to the same quarter last year. On average, equities research analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, November 14th. 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.