Blue Trust Inc. Has $484,000 Stake in CF Industries Holdings, Inc. (NYSE:CF)

Blue Trust Inc. increased its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 57.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 6,531 shares of the basic materials company’s stock after acquiring an additional 2,375 shares during the quarter. Blue Trust Inc.’s holdings in CF Industries were worth $484,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. International Assets Investment Management LLC bought a new position in CF Industries in the 4th quarter valued at approximately $9,480,000. Sequoia Financial Advisors LLC acquired a new position in CF Industries in the 4th quarter worth about $205,000. Cerity Partners LLC acquired a new position in CF Industries in the 4th quarter worth about $219,000. Simplicity Solutions LLC raised its position in CF Industries by 8.6% in the fourth quarter. Simplicity Solutions LLC now owns 2,948 shares of the basic materials company’s stock valued at $234,000 after purchasing an additional 234 shares during the last quarter. Finally, Louisiana State Employees Retirement System bought a new stake in shares of CF Industries during the fourth quarter worth about $922,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Trading Up 1.5 %

NYSE CF traded up $1.19 during trading hours on Friday, hitting $80.97. 1,777,141 shares of the company’s stock were exchanged, compared to its average volume of 2,254,915. CF Industries Holdings, Inc. has a 1-year low of $69.13 and a 1-year high of $87.90. The company has a current ratio of 3.94, a quick ratio of 3.55 and a debt-to-equity ratio of 0.37. The stock has a 50-day simple moving average of $74.14 and a 200 day simple moving average of $77.59. The firm has a market cap of $14.80 billion, a price-to-earnings ratio of 13.45, a PEG ratio of 2.44 and a beta of 0.95.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, August 7th. The basic materials company reported $2.30 EPS for the quarter, topping the consensus estimate of $1.80 by $0.50. CF Industries had a net margin of 19.03% and a return on equity of 14.08%. The company had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter last year, the firm posted $2.70 EPS. The company’s quarterly revenue was down 11.4% on a year-over-year basis. On average, equities analysts forecast that CF Industries Holdings, Inc. will post 5.18 EPS for the current fiscal year.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, August 15th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.47%. CF Industries’s dividend payout ratio is currently 33.22%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CF. BMO Capital Markets raised 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. Barclays raised shares of CF Industries from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $80.00 to $90.00 in a research note on Friday. Royal Bank of Canada raised their target price on CF Industries from $85.00 to $95.00 and gave the stock an “outperform” rating in a research report on Monday, August 12th. 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. Finally, UBS Group raised their price objective on CF Industries from $78.00 to $80.00 and gave the stock a “neutral” rating in a research report on Thursday, August 8th. One equities research 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. According to MarketBeat, CF Industries currently has a consensus rating of “Hold” and an average target price of $86.45.

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.