Inspire Investing LLC Has $264,000 Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Inspire Investing LLC lowered its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 33.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,558 shares of the basic materials company’s stock after selling 1,770 shares during the quarter. Inspire Investing LLC’s holdings in CF Industries were worth $264,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Goehring & Rozencwajg Associates LLC raised its position 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 valued at $9,536,000 after buying an additional 12,600 shares during the last quarter. XTX Topco Ltd raised its holdings in CF Industries by 329.6% in the 2nd quarter. XTX Topco Ltd now owns 34,178 shares of the basic materials company’s stock valued at $2,533,000 after acquiring an additional 26,222 shares in the last quarter. Seven Eight Capital LP grew its holdings in shares of CF Industries by 71.5% during the 2nd quarter. Seven Eight Capital LP now owns 14,939 shares of the basic materials company’s stock worth $1,107,000 after purchasing an additional 6,229 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its position in shares of CF Industries by 1.4% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 18,309 shares of the basic materials company’s stock valued at $1,357,000 after purchasing an additional 252 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its stake in shares of CF Industries by 2.5% in the second quarter. Mercer Global Advisors Inc. ADV now owns 12,972 shares of the basic materials company’s stock valued at $961,000 after purchasing an additional 312 shares in the last quarter. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Royal Bank of Canada boosted their price target on shares of CF Industries from $85.00 to $95.00 and gave the company an “outperform” rating in a report on Monday, August 12th. Bank of America raised their price target on shares of CF Industries from $76.00 to $83.00 and gave the stock a “neutral” rating in a research note on Friday, August 9th. UBS Group upped their price objective on CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Monday, August 26th. Scotiabank raised their target price on CF Industries from $80.00 to $88.00 and gave the stock a “sector perform” rating in a research report on Monday, August 12th. Finally, Barclays upgraded CF Industries from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $80.00 to $90.00 in a research report on Friday, August 16th. One analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $87.73.

CF Industries Stock Up 2.0 %

Shares of NYSE:CF opened at $84.90 on Wednesday. The company has a quick ratio of 4.19, a current ratio of 4.70 and a debt-to-equity ratio of 0.37. The firm has a market cap of $15.52 billion, a P/E ratio of 14.10, a P/E/G 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’s 50-day moving average price is $78.27 and its two-hundred day moving average price is $77.94.

CF Industries (NYSE:CF) last released 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. 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 for the quarter, compared to analysts’ expectations of $1.52 billion. During the same period in the prior year, the firm earned $2.70 earnings per share. CF Industries’s revenue was down 11.4% compared to the same quarter last year. As a group, research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Thursday, August 15th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.36%. The ex-dividend date was Thursday, August 15th. CF Industries’s dividend payout ratio (DPR) is presently 33.22%.

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.