31,285 Shares in CF Industries Holdings, Inc. $CF Bought by Vertrix Wealth Management LLC

Vertrix Wealth Management LLC purchased a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) during the 3rd quarter, Holdings Channel.com reports. The firm purchased 31,285 shares of the basic materials company’s stock, valued at approximately $3,604,000.

Several other institutional investors have also added to or reduced their stakes in CF. BlackRock Inc. acquired a new stake in shares of CF Industries in the 2nd quarter valued at approximately $1,410,607,000. Bank of New York Mellon Corp acquired a new stake in CF Industries in the second quarter valued at approximately $198,857,000. Bank of America Corp DE bought a new stake in shares of CF Industries during the second quarter worth $186,353,000. Deutsche Bank AG acquired a new position in shares of CF Industries during the second quarter worth $157,850,000. Finally, Caisse de depot et placement du Quebec bought a new position in shares of CF Industries in the 2nd quarter valued at $99,909,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Price Performance

Shares of CF opened at $114.53 on Tuesday. CF Industries Holdings, Inc. has a 1 year low of $75.42 and a 1 year high of $141.96. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.86 and a quick ratio of 4.32. The business has a 50-day moving average of $123.54 and a 200-day moving average of $120.59. The company has a market capitalization of $17.33 billion, a price-to-earnings ratio of 8.49, a price-to-earnings-growth ratio of 0.22 and a beta of 0.53.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.63 by ($0.90). CF Industries had a net margin of 27.12% and a return on equity of 24.41%. The firm had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.45 billion. During the same quarter in the previous year, the firm earned $2.37 EPS. CF Industries’s quarterly revenue was up 17.6% on a year-over-year basis. As a group, equities research analysts anticipate that CF Industries Holdings, Inc. will post 13.90 earnings per share for the current year.

CF Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 16th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Monday, November 16th. CF Industries’s payout ratio is currently 17.79%.

Wall Street Analyst Weigh In

CF has been the topic of a number of research reports. Freedom Broker lowered CF Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 26th. KeyCorp began coverage on CF Industries in a report on Thursday, September 10th. They set an “underweight” rating and a $115.00 price target on the stock. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating and issued a $129.00 price objective on shares of CF Industries in a research note on Friday, July 24th. Weiss Ratings upgraded shares of CF Industries from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, September 16th. Finally, Morgan Stanley cut their target price on shares of CF Industries from $135.00 to $115.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 7th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, CF Industries presently has a consensus rating of “Hold” and a consensus price target of $121.11.

CF Industries Profile

CF Industries Holdings, Inc (NYSE: CF) is a major global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and specialty nitrogen products used in agriculture, industrial applications and emissions-control systems.

CF Industries operates a network of production facilities in the United States, Canada and the United Kingdom, serving agricultural and industrial customers in North America and international markets.