CF Industries Holdings, Inc. $CF Shares Newly Acquired by Vest Financial LLC

Vest Financial LLC bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 557,671 shares of the basic materials company’s stock, valued at approximately $68,761,000. Vest Financial LLC owned 0.37% of CF Industries as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in CF Industries in the second quarter valued at approximately $1,410,607,000. Dimensional Fund Advisors LP grew its stake in shares of CF Industries by 3.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,458,907 shares of the basic materials company’s stock worth $579,062,000 after purchasing an additional 146,682 shares during the period. Bank of America Corp DE grew its stake in shares of CF Industries by 8.4% during the 1st quarter. Bank of America Corp DE now owns 2,048,671 shares of the basic materials company’s stock worth $265,999,000 after purchasing an additional 158,119 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of CF Industries during the 2nd quarter valued at approximately $198,857,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of CF Industries by 1.9% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,747,078 shares of the basic materials company’s stock valued at $189,139,000 after purchasing an additional 32,293 shares in the last quarter. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

CF Industries Stock Down 1.3%

Shares of CF opened at $116.42 on Thursday. The company has a current ratio of 4.86, a quick ratio of 4.32 and a debt-to-equity ratio of 0.36. CF Industries Holdings, Inc. has a 12 month low of $75.42 and a 12 month high of $141.96. The stock’s 50 day moving average is $123.66 and its two-hundred day moving average is $119.94. The firm has a market cap of $17.62 billion, a P/E ratio of 8.63, a PEG ratio of 0.23 and a beta of 0.53.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share for the quarter, missing the consensus estimate of $5.63 by ($0.90). The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.45 billion. CF Industries had a return on equity of 24.41% and a net margin of 27.12%. The company’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the company earned $2.37 earnings per share. Analysts predict that CF Industries Holdings, Inc. will post 13.90 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 30th. Investors of record on Monday, November 16th will be paid a $0.60 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $2.40 dividend on an annualized basis and a yield of 2.1%. CF Industries’s dividend payout ratio (DPR) is currently 17.79%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. BMO Capital Markets decreased their target price on shares of CF Industries from $140.00 to $135.00 and set an “outperform” rating for the company in a research note on Tuesday, June 30th. Weiss Ratings upgraded shares of CF Industries from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, September 16th. UBS Group lifted their price objective on shares of CF Industries from $115.00 to $123.00 and gave the company a “neutral” rating in a report on Friday, August 7th. set a $115.00 price objective on shares of CF Industries and gave the company a “sector perform” rating in a report on Monday, October 5th. Finally, KeyCorp assumed coverage on shares of CF Industries in a research report on Thursday, September 10th. They issued an “underweight” rating and a $115.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $121.11.

CF Industries Profile

CF Industries Holdings, Inc is a global manufacturer of hydrogen and nitrogen products. The company produces ammonia, granular urea, urea ammonium nitrate, ammonium nitrate and nitric acid, which are used primarily in agricultural fertilizers and a range of industrial applications. CF Industries also supplies products such as diesel exhaust fluid and other nitrogen-based solutions.

The company serves agricultural and industrial customers in North America and internationally. Its manufacturing and distribution operations include facilities in the United States, Canada and the United Kingdom, supported by an extensive logistics and distribution network.