Edgestream Partners L.P. Buys Shares of 50,113 CF Industries Holdings, Inc. $CF

Edgestream Partners L.P. purchased a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 50,113 shares of the basic materials company’s stock, valued at approximately $4,610,000.

Several other large investors have also made changes to their positions in the company. De Lisle Partners LLP raised its position in CF Industries by 11.4% during the second quarter. De Lisle Partners LLP now owns 49,000 shares of the basic materials company’s stock valued at $4,508,000 after purchasing an additional 5,000 shares in the last quarter. Railway Pension Investments Ltd bought a new position in shares of CF Industries in the 2nd quarter valued at $14,729,000. Schroder Investment Management Group raised its holdings in shares of CF Industries by 1,888.6% during the 2nd quarter. Schroder Investment Management Group now owns 465,753 shares of the basic materials company’s stock worth $42,849,000 after buying an additional 442,332 shares in the last quarter. Skandinaviska Enskilda Banken AB publ lifted its position in shares of CF Industries by 7.6% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 437,609 shares of the basic materials company’s stock worth $40,264,000 after buying an additional 31,033 shares during the last quarter. Finally, Norges Bank acquired a new stake in CF Industries in the second quarter valued at about $129,574,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on CF shares. Weiss Ratings reissued a “hold (c)” rating on shares of CF Industries in a research note on Monday. Wall Street Zen cut shares of CF Industries from a “buy” rating to a “hold” rating in a research report on Sunday, November 16th. BNP Paribas Exane dropped their price objective on shares of CF Industries from $90.00 to $80.00 and set a “neutral” rating for the company in a research note on Monday, November 24th. Royal Bank Of Canada decreased their target price on shares of CF Industries from $100.00 to $95.00 and set a “sector perform” rating on the stock in a research note on Monday, November 10th. Finally, Wolfe Research upgraded CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, CF Industries has an average rating of “Hold” and a consensus price target of $93.88.

CF Industries Price Performance

CF stock opened at $78.93 on Wednesday. The company has a market capitalization of $12.31 billion, a P/E ratio of 9.51 and a beta of 0.68. The company has a fifty day moving average price of $84.64 and a 200-day moving average price of $88.42. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.99 and a current ratio of 2.27. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $104.45.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share for the quarter, beating analysts’ consensus estimates of $2.06 by $0.13. The business had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.59 billion. CF Industries had a return on equity of 18.14% and a net margin of 20.47%.CF Industries’s quarterly revenue was up 21.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.55 earnings per share. As a group, equities analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 14th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Friday, November 14th. CF Industries’s dividend payout ratio (DPR) is 24.10%.

CF Industries Company 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.