Steward Partners Investment Advisory LLC Boosts Stake in CF Industries Holdings, Inc. (NYSE:CF)

Steward Partners Investment Advisory LLC increased its position in CF Industries Holdings, Inc. (NYSE:CF) by 10.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,192 shares of the basic materials company’s stock after buying an additional 1,296 shares during the period. Steward Partners Investment Advisory LLC’s holdings in CF Industries were worth $616,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Rational Advisors LLC lifted its position in shares of CF Industries by 874.0% in the first quarter. Rational Advisors LLC now owns 711 shares of the basic materials company’s stock worth $29,000 after buying an additional 638 shares in the last quarter. Community Bank N.A. purchased a new stake in CF Industries during the first quarter valued at approximately $30,000. Parallel Advisors LLC raised its position in CF Industries by 218.8% during the first quarter. Parallel Advisors LLC now owns 1,221 shares of the basic materials company’s stock valued at $50,000 after purchasing an additional 838 shares during the period. Signaturefd LLC raised its position in CF Industries by 37.6% during the first quarter. Signaturefd LLC now owns 1,592 shares of the basic materials company’s stock valued at $65,000 after purchasing an additional 435 shares during the period. Finally, NuWave Investment Management LLC raised its position in CF Industries by 2,856.2% during the first quarter. NuWave Investment Management LLC now owns 2,158 shares of the basic materials company’s stock valued at $88,000 after purchasing an additional 2,085 shares during the period. Institutional investors own 92.83% of the company’s stock.

A number of equities research analysts have issued reports on the company. Barclays set a $57.00 price objective on CF Industries and gave the company a “hold” rating in a research report on Friday, August 2nd. UBS Group upped their price objective on CF Industries from $53.00 to $58.00 and gave the company a “buy” rating in a research report on Thursday, August 1st. Citigroup upped their price objective on CF Industries from $48.00 to $59.00 and gave the company a “buy” rating in a research report on Tuesday, August 6th. Stifel Nicolaus upped their price objective on CF Industries from $43.00 to $48.00 and gave the company a “hold” rating in a research report on Friday, August 2nd. Finally, ValuEngine upgraded CF Industries from a “hold” rating to a “buy” rating in a research report on Sunday, June 16th. Seven analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $52.83.

In other news, VP Douglas C. Barnard sold 100,500 shares of the company’s stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $50.74, for a total transaction of $5,099,370.00. Following the transaction, the vice president now owns 37,936 shares of the company’s stock, valued at $1,924,872.64. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Bert A. Frost sold 21,600 shares of the company’s stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $50.16, for a total value of $1,083,456.00. Following the transaction, the vice president now directly owns 103,672 shares in the company, valued at approximately $5,200,187.52. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 125,765 shares of company stock worth $6,333,641. Insiders own 2.00% of the company’s stock.

Shares of CF traded down $1.11 during mid-day trading on Friday, reaching $51.04. 2,275,095 shares of the company’s stock traded hands, compared to its average volume of 2,446,529. The stock has a market capitalization of $11.39 billion, a PE ratio of 41.16, a P/E/G ratio of 3.90 and a beta of 0.92. The firm’s 50-day moving average is $47.86. CF Industries Holdings, Inc. has a 12 month low of $38.90 and a 12 month high of $56.51. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.15 and a current ratio of 1.43.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, July 31st. The basic materials company reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.47. The firm had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.39 billion. CF Industries had a return on equity of 7.22% and a net margin of 9.67%. The company’s quarterly revenue was up 15.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.63 earnings per share. As a group, equities research analysts forecast that CF Industries Holdings, Inc. will post 2.23 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, August 15th will be paid a dividend of $0.30 per share. The ex-dividend date is Wednesday, August 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.35%. CF Industries’s dividend payout ratio is 96.77%.

CF Industries Company Profile

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as compound fertilizer products with nitrogen, phosphorus, and potassium.

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Institutional Ownership by Quarter for CF Industries (NYSE:CF)

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