Corient Private Wealth LLC Increases Stock Holdings in CF Industries Holdings, Inc. $CF

Corient Private Wealth LLC increased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 23.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 26,623 shares of the basic materials company’s stock after purchasing an additional 5,100 shares during the period. Corient Private Wealth LLC’s holdings in CF Industries were worth $2,059,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd raised its stake in CF Industries by 18,480.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 929 shares of the basic materials company’s stock valued at $72,000 after buying an additional 924 shares during the last quarter. MidFirst Bank purchased a new stake in shares of CF Industries during the fourth quarter worth about $101,000. SG Trading Solutions LLC purchased a new stake in shares of CF Industries during the fourth quarter worth about $1,440,000. Kera Capital Partners Inc. increased its holdings in shares of CF Industries by 115.1% during the fourth quarter. Kera Capital Partners Inc. now owns 5,987 shares of the basic materials company’s stock valued at $463,000 after acquiring an additional 3,204 shares in the last quarter. Finally, MV Capital Management Inc. acquired a new position in shares of CF Industries during the fourth quarter valued at about $52,000. 93.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. BNP Paribas Exane decreased their price objective on shares of CF Industries from $140.00 to $120.00 and set a “neutral” rating for the company in a research report on Monday, June 15th. Mizuho boosted their target price on shares of CF Industries from $100.00 to $105.00 and gave the stock an “underperform” rating in a research report on Tuesday, March 31st. BMO Capital Markets upped their price target on shares of CF Industries from $115.00 to $140.00 and gave the company an “outperform” rating in a research note on Wednesday, March 18th. Morgan Stanley raised their price target on shares of CF Industries from $95.00 to $135.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 28th. Finally, UBS Group lowered their price objective on shares of CF Industries from $140.00 to $130.00 in a research note on Friday, May 8th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $118.50.

CF Industries Trading Down 0.4%

CF Industries stock opened at $105.31 on Tuesday. The company has a quick ratio of 3.15, a current ratio of 3.54 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 52 week low of $75.42 and a 52 week high of $141.96. The company has a market capitalization of $16.18 billion, a price-to-earnings ratio of 9.46 and a beta of 0.38. The stock has a 50-day moving average price of $116.01 and a 200 day moving average price of $105.85.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, May 6th. The basic materials company reported $3.98 EPS for the quarter, beating analysts’ consensus estimates of $2.63 by $1.35. CF Industries had a return on equity of 20.93% and a net margin of 23.73%.The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same quarter in the prior year, the firm earned $1.85 earnings per share. CF Industries’s revenue for the quarter was up 19.4% on a year-over-year basis. Sell-side analysts anticipate that CF Industries Holdings, Inc. will post 15.6 EPS for the current year.

CF Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a $0.50 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.9%. CF Industries’s dividend payout ratio is presently 17.97%.

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.