20,316 Shares in CF Industries Holdings, Inc. $CF Acquired by Redwood Investment Management LLC

Redwood Investment Management LLC bought a new position in CF Industries Holdings, Inc. (NYSE:CF) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 20,316 shares of the basic materials company’s stock, valued at approximately $2,199,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Himension Capital Singapore PTE. LTD. bought a new position in shares of CF Industries during the 1st quarter worth approximately $25,000. Virtus Advisers LLC acquired a new stake in shares of CF Industries during the 2nd quarter worth approximately $25,000. Keating Financial Advisory Services Inc. bought a new stake in shares of CF Industries in the 2nd quarter valued at $29,000. Hantz Financial Services Inc. lifted its position in shares of CF Industries by 46.3% during the 4th quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock valued at $38,000 after acquiring an additional 156 shares during the period. Finally, MUFG Securities EMEA plc acquired a new position in shares of CF Industries during the 2nd quarter valued at $44,000. 93.06% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

CF has been the subject of a number of research reports. Royal Bank Of Canada reduced their price target on shares of CF Industries from $125.00 to $115.00 and set a “sector perform” rating for the company in a report on Friday, July 17th. JPMorgan Chase & Co. upped their price objective on shares of CF Industries from $94.00 to $115.00 and gave the company a “neutral” rating in a report on Wednesday, June 3rd. Wall Street Zen cut shares of CF Industries from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. BNP Paribas Exane reduced their target price on CF Industries from $140.00 to $120.00 and set a “neutral” rating for the company in a research note on Monday, June 15th. Finally, HSBC decreased their target price on CF Industries from $130.00 to $121.00 in a research report on Wednesday, June 17th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $116.56.

CF Industries Stock Performance

Shares of CF stock opened at $125.71 on Thursday. The firm has a market capitalization of $19.02 billion, a PE ratio of 9.32, a price-to-earnings-growth ratio of 0.25 and a beta of 0.39. The firm has a fifty day simple moving average of $117.27 and a two-hundred day simple moving average of $116.58. The company has a current ratio of 4.86, a quick ratio of 4.32 and a debt-to-equity ratio of 0.36. CF Industries Holdings, Inc. has a 12 month low of $75.42 and a 12 month high of $141.96.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share for the quarter, missing the consensus estimate of $5.63 by ($0.90). CF Industries had a return on equity of 24.41% and a net margin of 27.12%.The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.45 billion. During the same quarter in the previous year, the company posted $2.37 EPS. The business’s quarterly revenue was up 17.6% on a year-over-year basis. Analysts forecast that CF Industries Holdings, Inc. will post 13.7 EPS for the current fiscal year.

CF Industries Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be issued a $0.60 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. This is a boost from CF Industries’s previous quarterly dividend of $0.50. CF Industries’s dividend payout ratio (DPR) is currently 17.79%.

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.