Farther Finance Advisors LLC Raises Stock Holdings in CF Industries Holdings, Inc. $CF

Farther Finance Advisors LLC grew its stake in CF Industries Holdings, Inc. (NYSE:CF) by 7.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. 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 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. QRG Capital Management Inc. grew its holdings in CF Industries by 21.8% during 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 buying an additional 2,572 shares in the last quarter. Golden State Wealth Management LLC grew its holdings in 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 valued at $30,000 after buying an additional 206 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in CF Industries by 1,497.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 109,240 shares of the basic materials company’s stock valued at $8,537,000 after buying an additional 102,401 shares in the last quarter. Talaria Asset Management Pty Ltd grew its holdings in 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 valued at $45,640,000 after buying an additional 254,000 shares in the last quarter. Finally, Private Trust Co. NA grew its holdings in CF Industries by 62.2% during the 1st quarter. Private Trust Co. NA now owns 720 shares of the basic materials company’s stock valued at $56,000 after buying an additional 276 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Wells Fargo & Company lowered their price objective on CF Industries from $108.00 to $101.00 and set an “overweight” rating for the company in a research note on Monday, August 11th. Bank of America reaffirmed an “underperform” rating and issued a $82.00 price objective (down from $93.00) on shares of CF Industries in a research note on Thursday, August 14th. Royal Bank Of Canada set a $100.00 price objective on CF Industries and gave the company a “sector perform” rating in a research note on Monday, July 14th. UBS Group decreased their price target on CF Industries from $103.00 to $101.00 and set a “neutral” rating for the company in a research note on Thursday, August 7th. Finally, HSBC decreased their price target on CF Industries from $104.00 to $95.00 and set a “hold” rating for the company in a research note on Monday, September 15th. Three investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $95.00.

CF Industries Stock Up 3.9%

Shares of CF stock opened at $89.76 on Friday. CF Industries Holdings, Inc. has a 1-year low of $67.34 and a 1-year high of $104.45. The stock’s fifty day moving average price is $87.26 and its 200 day moving average price is $86.31. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.22 and a quick ratio of 2.84. The company has a market cap of $14.54 billion, a price-to-earnings ratio of 11.72 and a beta of 0.93.

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

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, November 14th. CF Industries’s payout ratio is 26.11%.

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.