Kathmere Capital Management LLC Has $342,000 Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Kathmere Capital Management LLC lifted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 39.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,106 shares of the basic materials company’s stock after buying an additional 1,171 shares during the quarter. Kathmere Capital Management LLC’s holdings in CF Industries were worth $342,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of CF. Fifth Third Wealth Advisors LLC bought a new stake in shares of CF Industries during the 1st quarter valued at $201,000. Hennessy Advisors Inc. lifted its stake in CF Industries by 14.4% in the first quarter. Hennessy Advisors Inc. now owns 35,000 shares of the basic materials company’s stock valued at $2,912,000 after buying an additional 4,400 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in CF Industries by 277.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 20,652 shares of the basic materials company’s stock worth $1,718,000 after buying an additional 15,187 shares during the last quarter. Ballentine Partners LLC grew its position in shares of CF Industries by 3.7% during the 1st quarter. Ballentine Partners LLC now owns 5,473 shares of the basic materials company’s stock worth $455,000 after buying an additional 194 shares during the period. Finally, Royal Fund Management LLC bought a new stake in shares of CF Industries in the 1st quarter valued at about $730,000. 93.06% of the stock is owned by institutional investors.

CF Industries Stock Performance

CF opened at $74.12 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.55 and a current ratio of 3.94. The business’s 50-day simple moving average is $76.55 and its 200 day simple moving average is $78.66. The firm has a market capitalization of $13.55 billion, a PE ratio of 12.31, a PEG ratio of 2.37 and a beta of 1.00. CF Industries Holdings, Inc. has a 52-week low of $67.97 and a 52-week high of $87.90.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $1.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.44). The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.46 billion. CF Industries had a return on equity of 14.08% and a net margin of 19.03%. The company’s revenue for the quarter was down 26.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.85 EPS. As a group, sell-side analysts expect that CF Industries Holdings, Inc. will post 5.26 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th were issued a $0.50 dividend. The ex-dividend date was Tuesday, May 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.70%. CF Industries’s payout ratio is 33.22%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CF. BMO Capital Markets reduced their price objective on shares of CF Industries from $100.00 to $95.00 and set an “outperform” rating on the stock in a research note on Monday, May 6th. Piper Sandler lowered their price objective on shares of CF Industries from $82.00 to $75.00 and set an “underweight” rating for the company in a research report on Tuesday, May 7th. Bank of America reiterated a “neutral” rating and set a $88.00 target price (down from $96.00) on shares of CF Industries in a report on Wednesday, April 10th. Berenberg Bank increased their price target on CF Industries from $68.00 to $69.00 and gave the stock a “hold” rating in a report on Wednesday, April 17th. Finally, Scotiabank cut their price objective on CF Industries from $86.00 to $80.00 and set a “sector perform” rating on the stock in a report on Monday, May 6th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, CF Industries currently has a consensus rating of “Hold” and an average price target of $85.00.

CF Industries Company 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.