CF Industries Holdings, Inc. $CF Position Lifted by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. grew its position in CF Industries Holdings, Inc. (NYSE:CF) by 3,023.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 210,987 shares of the basic materials company’s stock after acquiring an additional 204,231 shares during the period. TD Waterhouse Canada Inc.’s holdings in CF Industries were worth $26,440,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in CF. Himension Capital Singapore PTE. LTD. acquired a new position in shares of CF Industries in the first quarter valued at approximately $25,000. Virtus Advisers LLC bought a new position in CF Industries in the 2nd quarter valued at approximately $25,000. Continuum Advisory LLC acquired a new stake in CF Industries during the 2nd quarter worth approximately $28,000. Keating Financial Advisory Services Inc. acquired a new stake in CF Industries during the 2nd quarter worth approximately $29,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in CF Industries during the 3rd quarter worth approximately $35,000. 93.06% of the stock is owned by institutional investors and hedge funds.

CF Industries Trading Up 0.9%

Shares of CF stock opened at $120.90 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.32 and a current ratio of 4.86. The company has a market capitalization of $18.30 billion, a price-to-earnings ratio of 8.96, a PEG ratio of 0.23 and a beta of 0.53. The company has a 50-day simple moving average of $123.78 and a two-hundred day simple moving average of $120.31. CF Industries Holdings, Inc. has a 52-week low of $75.42 and a 52-week high of $141.96.

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

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 16th will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, November 16th. CF Industries’s dividend payout ratio (DPR) is presently 17.79%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CF. Canadian Imperial Bank of Commerce reissued a “neutral” rating and set a $129.00 target price on shares of CF Industries in a report on Friday, July 24th. Royal Bank Of Canada dropped 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 research note on Friday, July 17th. Weiss Ratings upgraded shares of CF Industries from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, September 16th. Rothschild & Co Redburn raised shares of CF Industries from a “sell” rating to a “neutral” rating and boosted their price objective for the stock from $98.00 to $110.00 in a research note on Monday, September 28th. Finally, Wall Street Zen cut shares of CF Industries from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $121.11.

About CF Industries

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.