One Wealth Advisors LLC Acquires Shares of 6,975 CF Industries Holdings, Inc. $CF

One Wealth Advisors LLC bought a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the 2nd quarter, HoldingsChannel reports. The fund bought 6,975 shares of the basic materials company’s stock, valued at approximately $755,000.

Several other hedge funds and other institutional investors have also made changes to their positions in CF. Norges Bank bought a new position in CF Industries during the 4th quarter valued at about $193,657,000. Dimensional Fund Advisors LP raised its position in CF Industries by 37.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,312,225 shares of the basic materials company’s stock worth $333,501,000 after purchasing an additional 1,178,516 shares during the period. Worldquant Millennium Advisors LLC bought a new stake in CF Industries in the second quarter worth about $96,560,000. Arrowstreet Capital Limited Partnership lifted its stake in CF Industries by 203.7% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,088,286 shares of the basic materials company’s stock worth $141,303,000 after purchasing an additional 729,921 shares during the last quarter. Finally, Caisse de depot et placement du Quebec boosted its position in shares of CF Industries by 52.4% during the third quarter. Caisse de depot et placement du Quebec now owns 1,775,106 shares of the basic materials company’s stock valued at $159,227,000 after buying an additional 610,259 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Price Performance

Shares of CF stock opened at $118.32 on Friday. The company has a market capitalization of $17.91 billion, a P/E ratio of 8.77 and a beta of 0.39. The company’s 50-day simple moving average is $114.61 and its two-hundred day simple moving average is $114.63. CF Industries Holdings, Inc. has a one year low of $75.42 and a one year high of $141.96. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.86 and a quick ratio of 4.32.

CF Industries (NYSE:CF) last posted its quarterly 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). CF Industries had a net margin of 27.12% and a return on equity of 24.41%. The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.45 billion. During the same period in the prior year, the firm posted $2.37 EPS. The business’s revenue was up 17.6% on a year-over-year basis. As a group, equities analysts anticipate that CF Industries Holdings, Inc. will post 13.85 EPS for the current year.

CF Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.0%. The ex-dividend date is Friday, August 14th. This is an increase from CF Industries’s previous quarterly dividend of $0.50. CF Industries’s dividend payout ratio (DPR) is 14.83%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CF. JPMorgan Chase & Co. upped their target price on CF Industries from $94.00 to $115.00 and gave the company a “neutral” rating in a research note on Wednesday, June 3rd. Scotiabank raised their price target on CF Industries from $125.00 to $130.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Morgan Stanley dropped their price objective on CF Industries from $135.00 to $115.00 and set an “equal weight” rating for the company in a report on Tuesday, July 7th. Weiss Ratings restated a “buy (b)” rating on shares of CF Industries in a report on Monday, June 29th. Finally, Barclays upped their price objective on CF Industries from $130.00 to $145.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, CF Industries presently has a consensus rating of “Hold” and an average target price of $116.56.

About CF Industries

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.