CF Industries Holdings, Inc. $CF Shares Purchased by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP raised its stake in CF Industries Holdings, Inc. (NYSE:CF) by 456.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 5,704 shares of the basic materials company’s stock after buying an additional 4,679 shares during the quarter. Fulcrum Asset Management LLP’s holdings in CF Industries were worth $660,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB lifted its stake in CF Industries by 20,006.3% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 150,194 shares of the basic materials company’s stock valued at $19,025,000 after acquiring an additional 149,447 shares in the last quarter. Vann Equity Management LLC boosted its holdings in CF Industries by 127.3% during the 3rd quarter. Vann Equity Management LLC now owns 8,797 shares of the basic materials company’s stock worth $1,071,000 after acquiring an additional 4,926 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in CF Industries by 2,298.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 97,462 shares of the basic materials company’s stock worth $12,297,000 after acquiring an additional 93,399 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of CF Industries by 616.6% in the 3rd quarter. GAMMA Investing LLC now owns 54,379 shares of the basic materials company’s stock worth $6,797,000 after acquiring an additional 46,790 shares in the last quarter. Finally, Saudi Central Bank grew its stake in shares of CF Industries by 86.8% in the 2nd quarter. Saudi Central Bank now owns 10,753 shares of the basic materials company’s stock worth $1,164,000 after acquiring an additional 4,996 shares in the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about CF Industries

Here are a few of the latest headlines about CF:

• Positive Sentiment: Freedom Broker raised its price target from $129 to $133, though it maintained a “hold” rating. CF Industries Given New $133 Price Target at Freedom Broker
• Neutral Sentiment: Recent articles discuss an investment case for CF and whether the shares may be undervalued, but the available summaries don’t provide enough detail to establish a specific new catalyst or firm conclusion. The One Reason To Invest In CF Industries Stock Is CF Industries Stock Undervalued Right Now?
• Negative Sentiment: UBS lowered its price target from $134 to $133 and kept a “neutral” rating. The revised target still suggests potential upside, but the cut is a modestly cautious signal. CF Industries Given New $133 Price Target at UBS Group

CF Industries Stock Performance

Shares of CF Industries stock opened at $124.90 on Friday. The business’s fifty day simple moving average is $121.63 and its 200 day simple moving average is $117.36. The firm has a market capitalization of $18.27 billion, a P/E ratio of 8.81, a price-to-earnings-growth ratio of 0.25 and a beta of 0.54. CF Industries Holdings, Inc. has a 12 month low of $75.42 and a 12 month high of $141.96. The company has a current ratio of 2.98, a quick ratio of 2.68 and a debt-to-equity ratio of 0.36.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, November 4th. The basic materials company reported $2.87 earnings per share for the quarter, missing the consensus estimate of $3.00 by ($0.13). The business had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.77 billion. CF Industries had a return on equity of 24.52% and a net margin of 27.48%. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same period in the prior year, the firm posted $2.19 EPS. As a group, analysts anticipate that CF Industries Holdings, Inc. will post 13.59 EPS for the current year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 16th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, November 16th. CF Industries’s payout ratio is presently 16.94%.

Analyst Ratings Changes

CF has been the subject of several analyst reports. Weiss Ratings upgraded shares of CF Industries from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, September 16th. Scotiabank boosted their price target on shares of CF Industries from $125.00 to $130.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Truist Financial set a $129.00 price target on shares of CF Industries in a report on Monday, November 2nd. Royal Bank Of Canada upped their price objective on shares of CF Industries from $115.00 to $125.00 and gave the stock a “sector perform” rating in a research report on Monday. Finally, KeyCorp initiated coverage on shares of CF Industries in a research note on Thursday, September 10th. They issued an “underweight” rating and a $115.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, CF Industries has an average rating of “Hold” and an average target price of $123.30.

About CF Industries

CF Industries Holdings, Inc. is a producer and distributor of nitrogen fertilizer and related products. Its main offerings include ammonia, granular urea, urea ammonium nitrate (UAN) and ammonium nitrate, which are used primarily to support crop production. The company also supplies nitrogen products for industrial applications, including emissions control and chemical manufacturing. Founded in 1946 as the Central Farmers Fertilizer Company, CF Industries grew from a cooperative serving agricultural retailers into a major nitrogen producer.