Groupe la Francaise Increases Stock Position in CF Industries Holdings, Inc. $CF

Groupe la Francaise lifted its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 38.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,859 shares of the basic materials company’s stock after purchasing an additional 12,342 shares during the quarter. Groupe la Francaise’s holdings in CF Industries were worth $4,109,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Planned Solutions Inc. boosted its stake in shares of CF Industries by 3.5% in the 2nd quarter. Planned Solutions Inc. now owns 3,393 shares of the basic materials company’s stock worth $312,000 after buying an additional 114 shares during the last quarter. Nordea Investment Management AB grew its stake in shares of CF Industries by 0.8% during the 2nd quarter. Nordea Investment Management AB now owns 15,262 shares of the basic materials company’s stock valued at $1,395,000 after acquiring an additional 114 shares during the period. Nations Financial Group Inc. IA ADV raised its position in shares of CF Industries by 1.3% during the 1st 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 during the period. Rowlandmiller & PARTNERS.ADV lifted its stake in shares of CF Industries by 4.1% during the 2nd quarter. Rowlandmiller & PARTNERS.ADV now owns 3,325 shares of the basic materials company’s stock valued at $306,000 after buying an additional 130 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in CF Industries by 7.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,838 shares of the basic materials company’s stock worth $169,000 after buying an additional 131 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Stock Up 0.2%

Shares of CF Industries stock opened at $79.15 on Thursday. The company has a quick ratio of 1.99, a current ratio of 2.27 and a debt-to-equity ratio of 0.39. The company has a market cap of $12.34 billion, a P/E ratio of 9.54 and a beta of 0.68. The firm’s 50 day moving average price is $84.39 and its 200-day moving average price is $88.36. 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 issued its quarterly earnings results on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share for the quarter, topping the consensus estimate 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%.The company’s quarterly revenue was up 21.1% on a year-over-year basis. During the same quarter last year, the company earned $1.55 earnings per share. On average, sell-side analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on CF shares. The Goldman Sachs Group dropped their price objective on CF Industries from $96.00 to $94.00 and set a “neutral” rating for the company in a research note on Wednesday, October 22nd. BNP Paribas cut CF Industries from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 21st. Bank of America increased their price target on CF Industries from $82.00 to $83.00 and gave the company an “underperform” rating in a research note on Tuesday, October 14th. HSBC reduced their target price on shares of CF Industries from $95.00 to $91.00 and set a “hold” rating on the stock in a report on Monday, November 24th. Finally, Scotiabank raised their price objective on CF Industries from $82.00 to $90.00 and gave the company a “sector perform” rating in a research note on Monday, November 10th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $93.88.

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.