SG Americas Securities LLC Acquires 131,021 Shares of CF Industries Holdings, Inc. $CF

SG Americas Securities LLC boosted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 268.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 179,800 shares of the basic materials company’s stock after buying an additional 131,021 shares during the quarter. SG Americas Securities LLC owned approximately 0.12% of CF Industries worth $23,345,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of CF. Evolve Private Wealth LLC bought a new stake in CF Industries during the 1st quarter valued at $3,219,000. Fortem Financial Group LLC purchased a new position in shares of CF Industries in the 1st quarter valued at $357,000. E. Ohman J or Asset Management AB bought a new position in shares of CF Industries in the 1st quarter worth $493,000. World Investment Advisors bought a new position in shares of CF Industries in the 4th quarter worth $219,000. Finally, Corient Private Wealth LLC lifted its stake in shares of CF Industries by 23.7% during the 4th quarter. Corient Private Wealth LLC now owns 26,623 shares of the basic materials company’s stock worth $2,059,000 after purchasing an additional 5,100 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

Analyst Upgrades and Downgrades

CF has been the topic of a number of recent research reports. BNP Paribas Exane dropped their price objective on CF Industries from $140.00 to $120.00 and set a “neutral” rating on the stock in a research report on Monday, June 15th. The Goldman Sachs Group reduced their target price on shares of CF Industries from $133.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday. Canadian Imperial Bank of Commerce increased their price target on shares of CF Industries from $118.00 to $128.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Bank of America raised their price target on shares of CF Industries from $103.00 to $106.00 in a report on Thursday, May 14th. Finally, Royal Bank Of Canada lifted their price objective on shares of CF Industries from $100.00 to $125.00 and gave the stock a “sector perform” rating in a research report on Tuesday, April 7th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, CF Industries has a consensus rating of “Hold” and a consensus price target of $118.50.

CF Industries Stock Up 0.8%

CF Industries stock opened at $103.02 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.54 and a quick ratio of 3.15. The stock has a market capitalization of $15.83 billion, a price-to-earnings ratio of 9.26 and a beta of 0.38. CF Industries Holdings, Inc. has a 1-year low of $75.42 and a 1-year high of $141.96. The business has a fifty day moving average price of $116.96 and a 200-day moving average price of $105.25.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $1.84 billion. During the same period in the previous year, the business earned $1.85 EPS. The firm’s revenue for the quarter was up 19.4% on a year-over-year basis. Equities research analysts forecast that CF Industries Holdings, Inc. will post 15.6 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a dividend of $0.50 per share. 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 payout ratio is presently 17.97%.

CF Industries Profile

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.