River Street Advisors LLC Acquires 268 Shares of CF Industries Holdings, Inc. (NYSE:CF)

River Street Advisors LLC increased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 6.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,226 shares of the basic materials company’s stock after acquiring an additional 268 shares during the quarter. River Street Advisors LLC’s holdings in CF Industries were worth $352,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of CF. Guidance Capital Inc. bought a new position in CF Industries in the 1st quarter valued at about $863,000. Hennion & Walsh Asset Management Inc. bought a new position in CF Industries in the 1st quarter valued at about $205,000. Independence Bank of Kentucky increased its holdings in CF Industries by 12.3% in the 1st quarter. Independence Bank of Kentucky now owns 5,954 shares of the basic materials company’s stock valued at $495,000 after buying an additional 654 shares during the period. Kathmere Capital Management LLC grew its holdings in shares of CF Industries by 39.9% during the 1st quarter. Kathmere Capital Management LLC now owns 4,106 shares of the basic materials company’s stock valued at $342,000 after purchasing an additional 1,171 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC bought a new stake in shares of CF Industries during the 1st quarter valued at approximately $201,000. 93.06% of the stock is owned by institutional investors.

CF Industries Trading Down 0.9 %

Shares of NYSE CF traded down $0.64 during midday trading on Friday, reaching $74.12. The stock had a trading volume of 2,999,612 shares, compared to its average volume of 2,356,257. The firm has a market cap of $13.55 billion, a price-to-earnings ratio of 12.31, a price-to-earnings-growth ratio of 2.35 and a beta of 1.00. CF Industries Holdings, Inc. has a twelve month low of $67.97 and a twelve month high of $87.90. 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 company’s 50 day moving average price is $76.55 and its 200 day moving average price is $78.66.

CF Industries (NYSE:CF) last issued its quarterly earnings results 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 firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.46 billion. CF Industries had a return on equity of 14.08% and a net margin of 19.03%. The firm’s revenue for the quarter was down 26.9% on a year-over-year basis. During the same quarter last year, the firm posted $2.85 EPS. As a group, sell-side analysts expect that CF Industries Holdings, Inc. will post 5.26 EPS for the current year.

CF Industries Announces Dividend

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

Analysts Set New Price Targets

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

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.