CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by AQR Capital Management LLC

AQR Capital Management LLC trimmed its position in CF Industries Holdings, Inc. (NYSE:CF) by 58.5% in the second quarter, Holdings Channel reports. The firm owned 283,080 shares of the basic materials company’s stock after selling 398,446 shares during the quarter. AQR Capital Management LLC’s holdings in CF Industries were worth $20,982,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Councilmark Asset Management LLC bought a new position in CF Industries during the 1st quarter worth approximately $1,251,000. Quantbot Technologies LP bought a new position in CF Industries during the first quarter worth $610,000. Guidance Capital Inc. acquired a new position in CF Industries in the first quarter worth $863,000. Swedbank AB bought a new stake in CF Industries during the first quarter valued at $19,824,000. Finally, Goldman Sachs Group Inc. raised its holdings in shares of CF Industries by 68.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,546,331 shares of the basic materials company’s stock worth $122,933,000 after purchasing an additional 630,264 shares during the period. 93.06% of the stock is owned by institutional investors.

CF Industries Stock Up 0.2 %

CF Industries stock opened at $85.80 on Tuesday. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $87.82. The stock has a market cap of $15.68 billion, a price-to-earnings ratio of 14.25, a PEG ratio of 2.38 and a beta of 0.95. The company’s 50-day moving average price is $79.31 and its two-hundred day moving average price is $77.95. 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 (NYSE:CF) last posted its quarterly earnings data on Wednesday, August 7th. The basic materials company reported $2.30 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.50. The business had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.52 billion. CF Industries had a net margin of 17.87% and a return on equity of 12.96%. The business’s revenue for the quarter was down 11.4% on a year-over-year basis. During the same quarter last year, the business earned $2.70 earnings per share. On average, analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Thursday, August 15th were paid a dividend of $0.50 per share. The ex-dividend date was Thursday, August 15th. This represents a $2.00 annualized dividend and a yield of 2.33%. CF Industries’s dividend payout ratio is currently 33.22%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. UBS Group lifted their price target on shares of CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a report on Monday, August 26th. BMO Capital Markets upped their target price on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Scotiabank raised their price target on CF Industries from $80.00 to $88.00 and gave the stock a “sector perform” rating in a report on Monday, August 12th. Bank of America boosted their price objective on CF Industries from $76.00 to $83.00 and gave the company a “neutral” rating in a research report on Friday, August 9th. Finally, Barclays raised CF Industries from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $80.00 to $90.00 in a research report on Friday, August 16th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $87.73.

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.