Tredje AP fonden Lowers Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Tredje AP fonden lowered its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 1.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,039 shares of the basic materials company’s stock after selling 469 shares during the period. Tredje AP fonden’s holdings in CF Industries were worth $2,226,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Westside Investment Management Inc. purchased a new position in CF Industries during the 1st quarter valued at about $25,000. UMB Bank n.a. increased its holdings in CF Industries by 40.4% during the second quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock valued at $49,000 after buying an additional 191 shares during the period. nVerses Capital LLC raised its stake in CF Industries by 250.0% in 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 in the last quarter. Mather Group LLC. purchased a new stake in CF Industries during the first quarter worth $55,000. Finally, Massmutual Trust Co. FSB ADV boosted its position in CF Industries by 28.1% during 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 in the last quarter. 93.06% of the stock is currently owned by institutional investors.

CF Industries Stock Performance

Shares of NYSE CF opened at $83.13 on Friday. The company has a 50 day simple moving average of $77.31 and a two-hundred day simple moving average of $77.93. The stock has a market cap of $15.19 billion, a price-to-earnings ratio of 13.81, a PEG ratio of 2.21 and a beta of 0.95. 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 Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $87.90.

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

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Thursday, August 15th were given a $0.50 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $2.00 annualized dividend and a yield of 2.41%. CF Industries’s dividend payout ratio is presently 33.22%.

Wall Street Analysts Forecast Growth

CF has been the subject of a number of recent research reports. UBS Group boosted their target price on shares of CF Industries from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Monday, August 26th. BMO Capital Markets raised their target price on shares of CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. Barclays raised CF Industries from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $80.00 to $90.00 in a research report on Friday, August 16th. Wells Fargo & Company lowered their price objective 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. Finally, Royal Bank of Canada upped their target price on CF Industries from $85.00 to $95.00 and gave the company an “outperform” rating in a research report on Monday, August 12th. One equities 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’s stock. Based on data from MarketBeat, CF Industries presently has an average rating of “Hold” and a consensus price target of $86.91.

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.