CF Industries Holdings, Inc. (NYSE:CF) Shares Purchased by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise raised its stake in CF Industries Holdings, Inc. (NYSE:CF) by 45.3% during the second quarter, Holdings Channel.com reports. The firm owned 5,984 shares of the basic materials company’s stock after purchasing an additional 1,867 shares during the quarter. Banque Cantonale Vaudoise’s holdings in CF Industries were worth $444,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Concurrent Investment Advisors LLC raised its holdings in CF Industries by 4.5% in the first quarter. Concurrent Investment Advisors LLC now owns 3,236 shares of the basic materials company’s stock valued at $269,000 after acquiring an additional 140 shares in the last quarter. Bleakley Financial Group LLC lifted its position in shares of CF Industries by 4.8% during the 1st quarter. Bleakley Financial Group LLC now owns 3,089 shares of the basic materials company’s stock worth $257,000 after purchasing an additional 141 shares during the last quarter. First Horizon Advisors Inc. grew its stake in shares of CF Industries by 8.5% during the second quarter. First Horizon Advisors Inc. now owns 1,869 shares of the basic materials company’s stock worth $139,000 after purchasing an additional 146 shares in the last quarter. SYSTM Wealth Solutions LLC increased its holdings in CF Industries by 24.0% in the first quarter. SYSTM Wealth Solutions LLC now owns 791 shares of the basic materials company’s stock valued at $66,000 after buying an additional 153 shares during the last quarter. Finally, Czech National Bank raised its stake in CF Industries by 0.5% in the first quarter. Czech National Bank now owns 33,616 shares of the basic materials company’s stock valued at $2,797,000 after buying an additional 153 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Piper Sandler lowered their price objective on CF Industries from $82.00 to $75.00 and set an “underweight” rating for the company in a research report on Tuesday, May 7th. UBS Group upped their price target on CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a report on Monday, August 26th. Royal Bank of Canada raised their price objective on shares of CF Industries from $85.00 to $95.00 and gave the stock an “outperform” rating in a report on Monday, August 12th. Scotiabank upped their target price on shares of CF Industries from $80.00 to $88.00 and gave the company a “sector perform” rating in a report on Monday, August 12th. Finally, Barclays upgraded shares of CF Industries from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $80.00 to $90.00 in a research note on Friday, August 16th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company. According to MarketBeat, CF Industries presently has an average rating of “Hold” and a consensus target price of $86.91.

CF Industries Price Performance

Shares of NYSE:CF opened at $83.09 on Monday. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $87.90. The stock has a market capitalization of $15.19 billion, a price-to-earnings ratio of 13.80, a PEG ratio of 2.38 and a beta of 0.95. The company has a 50-day simple moving average of $75.47 and a 200-day simple moving average of $77.90. The company has a debt-to-equity ratio of 0.37, a quick ratio of 4.19 and a current ratio of 4.70.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, August 7th. The basic materials company reported $2.30 EPS for the quarter, beating the consensus estimate of $1.80 by $0.50. CF Industries had a return on equity of 12.96% and a net margin of 17.87%. The firm had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the prior year, the business earned $2.70 EPS. The firm’s revenue was down 11.4% compared to the same quarter last year. On average, analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Thursday, August 15th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.41%. The ex-dividend date of this dividend was Thursday, August 15th. CF Industries’s dividend payout ratio is presently 33.22%.

About CF Industries

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.