16,104 Shares in CF Industries Holdings, Inc. $CF Bought by OP Asset Management Ltd

OP Asset Management Ltd purchased a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 16,104 shares of the basic materials company’s stock, valued at approximately $2,091,000.

Several other institutional investors have also recently bought and sold shares of CF. Lakewood Asset Management LLC grew its holdings in shares of CF Industries by 0.9% during the fourth quarter. Lakewood Asset Management LLC now owns 12,371 shares of the basic materials company’s stock valued at $957,000 after buying an additional 111 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of CF Industries by 5.2% in the 4th quarter. Farther Finance Advisors LLC now owns 2,365 shares of the basic materials company’s stock worth $183,000 after acquiring an additional 116 shares during the last quarter. Blair William & Co. IL raised its holdings in shares of CF Industries by 0.7% in the 4th quarter. Blair William & Co. IL now owns 17,528 shares of the basic materials company’s stock worth $1,356,000 after acquiring an additional 116 shares during the last quarter. Kingsview Wealth Management LLC lifted its position in CF Industries by 4.9% in the 3rd quarter. Kingsview Wealth Management LLC now owns 2,898 shares of the basic materials company’s stock valued at $260,000 after acquiring an additional 135 shares in the last quarter. Finally, Albert D Mason Inc. boosted its stake in CF Industries by 5.3% during the 4th quarter. Albert D Mason Inc. now owns 2,720 shares of the basic materials company’s stock valued at $210,000 after purchasing an additional 137 shares during the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on CF. HSBC decreased their price objective on CF Industries from $130.00 to $121.00 in a report on Wednesday, June 17th. Freedom Capital raised CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. Bank of America upped their price target on CF Industries from $103.00 to $106.00 in a report on Thursday, May 14th. Berenberg Bank increased their price target on CF Industries from $86.00 to $106.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Finally, BMO Capital Markets raised their price objective on CF Industries from $115.00 to $140.00 and gave the company an “outperform” rating in a research note on Wednesday, March 18th. Two 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 assigned a Sell rating to the company. According to data from MarketBeat.com, CF Industries presently has a consensus rating of “Hold” and a consensus target price of $118.50.

CF Industries Price Performance

CF Industries stock opened at $105.73 on Monday. CF Industries Holdings, Inc. has a 52 week low of $75.42 and a 52 week high of $141.96. The company’s 50 day moving average price is $116.39 and its two-hundred day moving average price is $105.65. The stock has a market cap of $16.24 billion, a P/E ratio of 9.50 and a beta of 0.38. 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 (NYSE:CF) last announced its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share (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 during the quarter, compared to the consensus estimate of $1.84 billion. During the same quarter in the prior year, the company earned $1.85 EPS. The business’s revenue for the quarter was up 19.4% on a year-over-year basis. On average, equities analysts predict that CF Industries Holdings, Inc. will post 15.6 earnings per share for the current year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a dividend of $0.50 per share. The ex-dividend date was Friday, May 15th. This represents a $2.00 annualized dividend and a yield of 1.9%. CF Industries’s dividend 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.