50,113 Shares in CF Industries Holdings, Inc. $CF Bought by Edgestream Partners L.P.

Edgestream Partners L.P. bought a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the 2nd quarter, HoldingsChannel reports. The firm bought 50,113 shares of the basic materials company’s stock, valued at approximately $4,610,000.

A number of other large investors have also recently bought and sold shares of CF. Vanguard Group Inc. lifted its stake in shares of CF Industries by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 21,040,601 shares of the basic materials company’s stock valued at $1,644,323,000 after purchasing an additional 319,343 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in CF Industries by 4.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 6,055,283 shares of the basic materials company’s stock valued at $473,220,000 after buying an additional 262,944 shares during the period. Invesco Ltd. boosted its holdings in shares of CF Industries by 4.4% during the 1st quarter. Invesco Ltd. now owns 5,708,643 shares of the basic materials company’s stock worth $446,130,000 after buying an additional 240,756 shares in the last quarter. Boston Partners grew its position in shares of CF Industries by 9.3% during the 1st quarter. Boston Partners now owns 3,623,708 shares of the basic materials company’s stock worth $283,169,000 after buying an additional 307,092 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of CF Industries by 16.8% in the 1st quarter. Ameriprise Financial Inc. now owns 3,275,464 shares of the basic materials company’s stock valued at $255,977,000 after acquiring an additional 470,746 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Stock Down 1.1%

Shares of NYSE CF opened at $78.93 on Wednesday. The company has a current ratio of 2.27, a quick ratio of 1.99 and a debt-to-equity ratio of 0.39. The business has a 50-day moving average of $84.64 and a 200-day moving average of $88.42. The firm has a market capitalization of $12.31 billion, a price-to-earnings ratio of 9.51 and a beta of 0.68. CF Industries Holdings, Inc. has a 12 month low of $67.34 and a 12 month high of $104.45.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share for the quarter, beating analysts’ consensus estimates of $2.06 by $0.13. CF Industries had a net margin of 20.47% and a return on equity of 18.14%. The business had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same period last year, the firm posted $1.55 earnings per share. CF Industries’s quarterly revenue was up 21.1% on a year-over-year basis. Sell-side analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 14th were given a $0.50 dividend. The ex-dividend date was Friday, November 14th. This represents a $2.00 annualized dividend and a yield of 2.5%. CF Industries’s payout ratio is 24.10%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on CF shares. BNP Paribas Exane cut their target price on shares of CF Industries from $90.00 to $80.00 and set a “neutral” rating on the stock in a research note on Monday, November 24th. Mizuho cut their price objective on shares of CF Industries from $100.00 to $92.00 and set a “neutral” rating on the stock in a research report on Thursday, November 6th. Wolfe Research raised CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Zacks Research lowered CF Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. Finally, Wells Fargo & Company began coverage on CF Industries in a report on Tuesday, November 11th. They set an “overweight” rating and a $100.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $93.88.

About CF Industries

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.