3Chopt Investment Partners LLC Buys 242 Shares of CF Industries Holdings, Inc. (NYSE:CF)

3Chopt Investment Partners LLC boosted its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 2.4% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,410 shares of the basic materials company’s stock after buying an additional 242 shares during the quarter. 3Chopt Investment Partners LLC’s holdings in CF Industries were worth $772,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in CF. Westside Investment Management Inc. bought a new position in CF Industries during the first quarter valued at about $25,000. UMB Bank n.a. grew its position in CF Industries by 40.4% during the second quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock valued at $49,000 after buying an additional 191 shares during the period. Kimelman & Baird LLC bought a new position in CF Industries during the second quarter valued at about $50,000. nVerses Capital LLC grew its position in CF Industries by 250.0% during the second quarter. nVerses Capital LLC now owns 700 shares of the basic materials company’s stock valued at $52,000 after buying an additional 500 shares during the period. Finally, Mather Group LLC. bought a new position in CF Industries during the first quarter valued at about $55,000. Institutional investors own 93.06% of the company’s stock.

CF Industries Trading Up 0.2 %

Shares of CF Industries stock opened at $85.80 on Tuesday. The company has a current ratio of 4.70, a quick ratio of 4.19 and a debt-to-equity ratio of 0.37. The company’s 50-day moving average price is $79.31 and its 200-day moving average price is $77.95. The company has a market cap of $15.68 billion, a price-to-earnings ratio of 14.25, a PEG ratio of 2.38 and a beta of 0.95. CF Industries Holdings, Inc. has a 12-month low of $69.13 and a 12-month high of $87.82.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, August 7th. The basic materials company reported $2.30 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.50. The company had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.52 billion. CF Industries had a net margin of 17.87% and a return on equity of 12.96%. CF Industries’s revenue for the quarter was down 11.4% compared to the same quarter last year. During the same period in the prior year, the business earned $2.70 earnings per share. On average, equities analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Thursday, August 15th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.33%. The ex-dividend date of this dividend was Thursday, August 15th. CF Industries’s dividend payout ratio (DPR) is 33.22%.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Wells Fargo & Company upped their price objective on shares of CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a report on Tuesday, September 24th. UBS Group upped their price objective on shares of CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a report on Monday, August 26th. Scotiabank upped their price objective on shares of CF Industries from $80.00 to $88.00 and gave the company a “sector perform” rating in a report on Monday, August 12th. BMO Capital Markets upped their price objective on shares of CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Finally, Barclays raised shares of CF Industries from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $80.00 to $90.00 in a report on Friday, August 16th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, CF Industries has an average rating of “Hold” and an average price target of $87.73.

CF Industries Company Profile

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.