XTX Topco Ltd Purchases 26,222 Shares of CF Industries Holdings, Inc. (NYSE:CF)

XTX Topco Ltd grew its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 329.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,178 shares of the basic materials company’s stock after buying an additional 26,222 shares during the quarter. XTX Topco Ltd’s holdings in CF Industries were worth $2,533,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CF. Westside Investment Management Inc. bought a new stake in CF Industries during the first quarter worth $25,000. UMB Bank n.a. boosted 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 worth $49,000 after buying an additional 191 shares during the last quarter. Mather Group LLC. bought a new position in CF Industries during the first quarter valued at about $55,000. nVerses Capital LLC increased its holdings in CF Industries by 250.0% during the second quarter. nVerses Capital LLC now owns 700 shares of the basic materials company’s stock worth $52,000 after buying an additional 500 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV raised its position in CF Industries by 28.1% in the second quarter. Massmutual Trust Co. FSB ADV now owns 761 shares of the basic materials company’s stock worth $56,000 after acquiring an additional 167 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Price Performance

CF stock opened at $81.49 on Thursday. The firm has a 50 day moving average of $77.31 and a 200-day moving average of $77.93. The firm has a market capitalization of $14.89 billion, a P/E ratio of 13.54, a price-to-earnings-growth ratio of 2.21 and a beta of 0.95. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $87.90. The company has a current ratio of 4.70, a quick ratio of 4.19 and a debt-to-equity ratio of 0.37.

CF Industries (NYSE:CF) last announced its quarterly earnings results 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. The firm had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.52 billion. CF Industries had a net margin of 17.87% and a return on equity of 12.96%. The business’s quarterly revenue was down 11.4% compared to the same quarter last year. During the same period last year, the firm earned $2.70 EPS. As a group, sell-side analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on CF shares. Royal Bank of Canada increased their target price on shares of CF Industries from $85.00 to $95.00 and gave the company an “outperform” rating in a research report on Monday, August 12th. Wells Fargo & Company decreased their target price on CF Industries from $87.00 to $83.00 and set an “overweight” rating for the company in a research report on Tuesday, July 16th. Scotiabank upped their price target on CF Industries from $80.00 to $88.00 and gave the company a “sector perform” rating in a research report on Monday, August 12th. UBS Group lifted their price objective on CF Industries from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Monday, August 26th. Finally, BMO Capital Markets upped their price objective 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. One 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. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $86.91.

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.