14,744 Shares in CF Industries Holdings, Inc. $CF Purchased by Councilmark Asset Management LLC

Councilmark Asset Management LLC bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,744 shares of the basic materials company’s stock, valued at approximately $1,596,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CF. Himension Capital Singapore PTE. LTD. purchased a new stake in shares of CF Industries during the 1st quarter worth approximately $25,000. Virtus Advisers LLC purchased a new position in CF Industries in the 2nd quarter valued at approximately $25,000. Keating Financial Advisory Services Inc. purchased a new position in CF Industries in the 2nd quarter valued at approximately $29,000. Hantz Financial Services Inc. raised its holdings in CF Industries by 46.3% during the fourth quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 156 shares during the last quarter. Finally, MUFG Securities EMEA plc acquired a new position in CF Industries during the second quarter worth $44,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CF has been the topic of a number of research analyst reports. Morgan Stanley decreased their target price on CF Industries from $135.00 to $115.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 7th. Zacks Research downgraded CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Wall Street Zen lowered shares of CF Industries from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Canadian Imperial Bank of Commerce reissued a “neutral” rating and issued a $129.00 price objective on shares of CF Industries in a research note on Friday, July 24th. Finally, JPMorgan Chase & Co. raised their target price on shares of CF Industries from $94.00 to $115.00 and gave the company a “neutral” rating in a report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $116.56.

CF Industries Price Performance

Shares of NYSE:CF opened at $127.30 on Wednesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.32 and a current ratio of 4.86. The business’s fifty day moving average price is $116.87 and its two-hundred day moving average price is $116.34. The stock has a market cap of $19.27 billion, a PE ratio of 9.44, a price-to-earnings-growth ratio of 0.26 and a beta of 0.39. CF Industries Holdings, Inc. has a one year low of $75.42 and a one year high of $141.96.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share for the quarter, missing analysts’ consensus estimates of $5.63 by ($0.90). CF Industries had a return on equity of 24.41% and a net margin of 27.12%.The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.45 billion. During the same period last year, the firm earned $2.37 earnings per share. The business’s revenue was up 17.6% compared to the same quarter last year. On average, analysts forecast that CF Industries Holdings, Inc. will post 13.7 EPS for the current fiscal year.

CF Industries Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Friday, August 14th. This is a positive change from CF Industries’s previous quarterly dividend of $0.50. CF Industries’s dividend payout ratio is presently 17.79%.

CF Industries Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.