Sei Investments Co. Boosts Stake in CF Industries Holdings, Inc. (NYSE:CF)

Sei Investments Co. boosted its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 5.1% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,422,493 shares of the basic materials company’s stock after acquiring an additional 68,834 shares during the quarter. Sei Investments Co. owned 0.78% of CF Industries worth $105,435,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Goehring & Rozencwajg Associates LLC grew its holdings in shares of CF Industries by 10.9% during the second quarter. Goehring & Rozencwajg Associates LLC now owns 128,652 shares of the basic materials company’s stock worth $9,536,000 after purchasing an additional 12,600 shares in the last quarter. XTX Topco Ltd lifted its position in CF Industries by 329.6% during the second quarter. XTX Topco Ltd now owns 34,178 shares of the basic materials company’s stock valued at $2,533,000 after purchasing an additional 26,222 shares during the last quarter. Seven Eight Capital LP grew its stake in CF Industries by 71.5% in the 2nd quarter. Seven Eight Capital LP now owns 14,939 shares of the basic materials company’s stock worth $1,107,000 after buying an additional 6,229 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its holdings in shares of CF Industries by 1.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 18,309 shares of the basic materials company’s stock worth $1,357,000 after buying an additional 252 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its position in shares of CF Industries by 2.5% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 12,972 shares of the basic materials company’s stock valued at $961,000 after buying an additional 312 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 recently issued reports on the stock. Barclays upgraded shares of CF Industries from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $80.00 to $90.00 in a research report on Friday, August 16th. Royal Bank of Canada increased their price objective on CF Industries from $85.00 to $95.00 and gave the company an “outperform” rating in a research report on Monday, August 12th. BMO Capital Markets boosted their target price on CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Wells Fargo & Company reduced their price target on shares of CF Industries from $87.00 to $83.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 16th. Finally, UBS Group lifted their price target 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 analyst has rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $86.91.

CF Industries Stock Performance

NYSE:CF opened at $81.61 on Friday. 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 fifty-two week low of $69.13 and a fifty-two week high of $87.90. The firm has a market cap of $14.92 billion, a PE ratio of 13.56, a price-to-earnings-growth ratio of 2.21 and a beta of 0.95. The business has a 50 day moving average price of $77.79 and a 200-day moving average price of $77.97.

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

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Thursday, August 15th were paid a $0.50 dividend. The ex-dividend date was Thursday, August 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.45%. CF Industries’s payout ratio is presently 33.22%.

CF Industries Profile

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.