Robeco Institutional Asset Management B.V. Buys 163,189 Shares of CF Industries Holdings, Inc. $CF

Robeco Institutional Asset Management B.V. raised its stake in CF Industries Holdings, Inc. (NYSE:CF) by 98.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 329,680 shares of the basic materials company’s stock after buying an additional 163,189 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in CF Industries were worth $40,834,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of CF Industries during the 2nd quarter worth $1,410,607,000. Bank of New York Mellon Corp bought a new position in shares of CF Industries in the second quarter worth $198,857,000. Bank of America Corp DE bought a new position in shares of CF Industries in the second quarter worth $186,353,000. Deutsche Bank AG acquired a new position in CF Industries in the second quarter valued at about $157,850,000. Finally, Assenagon Asset Management S.A. raised its stake in CF Industries by 407.5% in the third quarter. Assenagon Asset Management S.A. now owns 1,352,013 shares of the basic materials company’s stock valued at $170,136,000 after purchasing an additional 1,085,612 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Royal Bank Of Canada cut their price objective on shares of CF Industries from $125.00 to $115.00 and set a “sector perform” rating for the company in a research report on Friday, July 17th. Scotiabank raised their target price on shares of CF Industries from $125.00 to $130.00 and gave the company an “outperform” rating in a report on Monday, August 10th. BMO Capital Markets dropped 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 report on Tuesday, June 30th. Rothschild & Co Redburn upgraded shares of CF Industries from a “sell” rating to a “neutral” rating and boosted their target price for the company from $98.00 to $110.00 in a research report on Monday, September 28th. Finally, Morgan Stanley cut their price target on shares of CF Industries from $135.00 to $115.00 and set an “equal weight” rating for the company in a report on Tuesday, July 7th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, CF Industries currently has an average rating of “Hold” and a consensus target price of $121.11.

CF Industries Price Performance

Shares of CF stock opened at $118.66 on Friday. The business has a fifty day simple moving average of $123.69 and a 200 day simple moving average of $119.86. The company has a market cap of $17.96 billion, a P/E ratio of 8.80, a P/E/G ratio of 0.23 and a beta of 0.53. The company has a quick ratio of 4.32, a current ratio of 4.86 and a debt-to-equity ratio of 0.36. CF Industries Holdings, Inc. has a twelve month low of $75.42 and a twelve month high of $141.96.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, August 5th. The basic materials company reported $4.73 EPS 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 firm’s revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.37 EPS. On average, sell-side analysts forecast that CF Industries Holdings, Inc. will post 13.90 EPS for the current fiscal year.

CF Industries Announces Dividend

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 issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, November 16th. This represents a $2.40 annualized dividend and a dividend yield of 2.0%. CF Industries’s payout ratio is 17.79%.

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.