Goehring & Rozencwajg Associates LLC Purchases 12,600 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Goehring & Rozencwajg Associates LLC raised its position in CF Industries Holdings, Inc. (NYSE:CF) by 10.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 128,652 shares of the basic materials company’s stock after acquiring an additional 12,600 shares during the quarter. CF Industries makes up about 1.9% of Goehring & Rozencwajg Associates LLC’s investment portfolio, making the stock its 20th largest holding. Goehring & Rozencwajg Associates LLC owned 0.07% of CF Industries worth $9,536,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Westside Investment Management Inc. bought a new stake in shares of CF Industries in the 1st quarter valued at about $25,000. UMB Bank n.a. raised its holdings in shares of CF Industries by 40.4% in the 2nd quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock valued at $49,000 after purchasing an additional 191 shares during the period. nVerses Capital LLC raised its holdings in shares of CF Industries by 250.0% in the 2nd quarter. nVerses Capital LLC now owns 700 shares of the basic materials company’s stock valued at $52,000 after purchasing an additional 500 shares during the period. Mather Group LLC. bought a new stake in shares of CF Industries in the 1st quarter valued at about $55,000. Finally, Massmutual Trust Co. FSB ADV raised its holdings in CF Industries by 28.1% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 761 shares of the basic materials company’s stock valued at $56,000 after acquiring an additional 167 shares during the period. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. UBS Group increased their price target on shares of CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a report on Monday, August 26th. Wells Fargo & Company lowered their price target on shares of CF Industries from $87.00 to $83.00 and set an “overweight” rating on the stock in a report on Tuesday, July 16th. Bank of America increased their price target 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. BMO Capital Markets increased their price target on shares of CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Finally, Scotiabank increased their price target 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. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, CF Industries currently has a consensus rating of “Hold” and an average price target of $86.91.

CF Industries Stock Performance

NYSE CF opened at $81.49 on Thursday. The company has a current ratio of 4.70, a quick ratio of 4.19 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $14.89 billion, a price-to-earnings ratio of 13.54, a P/E/G ratio of 2.21 and a beta of 0.95. The firm’s 50 day simple moving average is $77.31 and its 200 day simple moving average is $77.93. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $87.90.

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

CF Industries Dividend Announcement

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