Copperwynd Financial LLC Boosts Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

Copperwynd Financial LLC increased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 9.2% during the second quarter, HoldingsChannel reports. The institutional investor owned 10,251 shares of the basic materials company’s stock after acquiring an additional 860 shares during the period. Copperwynd Financial LLC’s holdings in CF Industries were worth $783,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Kathmere Capital Management LLC lifted its position in shares of CF Industries by 34.4% in the second quarter. Kathmere Capital Management LLC now owns 5,517 shares of the basic materials company’s stock valued at $409,000 after acquiring an additional 1,411 shares in the last quarter. Scientech Research LLC boosted its stake in CF Industries by 272.8% during the 2nd quarter. Scientech Research LLC now owns 20,432 shares of the basic materials company’s stock worth $1,514,000 after purchasing an additional 14,951 shares during the last quarter. Earnest Partners LLC raised its position in shares of CF Industries by 2.8% in the second quarter. Earnest Partners LLC now owns 2,193,528 shares of the basic materials company’s stock valued at $162,584,000 after buying an additional 59,674 shares during the last quarter. AXA S.A. purchased a new position in shares of CF Industries in the second quarter worth about $1,690,000. Finally, Toronto Dominion Bank boosted its position in CF Industries by 11.0% during the second quarter. Toronto Dominion Bank now owns 159,791 shares of the basic materials company’s stock worth $11,844,000 after acquiring an additional 15,790 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on CF. BMO Capital Markets raised their target price on shares of CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. Wells Fargo & Company upped their target price on CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a report on Tuesday, September 24th. Scotiabank lifted their price target on CF Industries from $80.00 to $88.00 and gave the stock a “sector perform” rating in a report on Monday, August 12th. Bank of America upped their price objective on shares of CF Industries from $76.00 to $83.00 and gave the company a “neutral” rating in a report on Friday, August 9th. Finally, UBS Group lifted their target price on shares of CF Industries from $80.00 to $85.00 and gave the stock a “neutral” rating in a research note on Monday, August 26th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $87.73.

CF Industries Price Performance

CF Industries stock opened at $85.64 on Friday. The company’s 50 day simple moving average is $79.02 and its 200-day simple moving average is $77.98. 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 Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $87.82. The company has a market capitalization of $15.65 billion, a price-to-earnings ratio of 14.23, a price-to-earnings-growth ratio of 2.38 and a beta of 0.95.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, August 7th. The basic materials company reported $2.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.50. CF Industries had a return on equity of 12.96% and a net margin of 17.87%. The company had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the previous year, the company earned $2.70 earnings per share. The firm’s quarterly revenue was down 11.4% compared to the same quarter last year. As a group, equities research analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Thursday, August 15th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend was Thursday, August 15th. CF Industries’s dividend payout ratio is currently 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.