Pacer Advisors Inc. Has $1.01 Million Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Pacer Advisors Inc. decreased its stake in CF Industries Holdings, Inc. (NYSE:CF) by 29.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,683 shares of the basic materials company’s stock after selling 5,728 shares during the quarter. Pacer Advisors Inc.’s holdings in CF Industries were worth $1,014,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Westside Investment Management Inc. purchased a new position in shares of CF Industries in the first quarter worth approximately $25,000. UMB Bank n.a. grew its position in CF Industries by 40.4% during the 2nd quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 191 shares in the last quarter. Mather Group LLC. acquired a new stake in CF Industries during the 1st quarter valued at $55,000. nVerses Capital LLC lifted its holdings in shares of CF Industries by 250.0% in the second quarter. nVerses Capital LLC now owns 700 shares of the basic materials company’s stock valued at $52,000 after purchasing an additional 500 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV boosted its position in shares of CF Industries by 28.1% in the second quarter. Massmutual Trust Co. FSB ADV now owns 761 shares of the basic materials company’s stock worth $56,000 after buying an additional 167 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CF. Royal Bank of Canada increased their price objective on CF Industries from $85.00 to $95.00 and gave the stock an “outperform” rating in a research note on Monday, August 12th. BMO Capital Markets raised their price target on shares of CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. Bank of America upped their price objective on shares of CF Industries from $76.00 to $83.00 and gave the company a “neutral” rating in a research note on Friday, August 9th. Wells Fargo & Company upped their price objective on shares of CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, UBS Group upped their price objective on shares of CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Monday, August 26th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $87.73.

CF Industries Price Performance

Shares of NYSE:CF opened at $85.66 on Friday. The stock has a market capitalization of $15.45 billion, a P/E ratio of 14.23, a P/E/G ratio of 2.38 and a beta of 0.95. The business has a 50-day moving average of $79.02 and a two-hundred day moving average of $78.03. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $87.82. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.70 and a quick ratio of 4.19.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, August 7th. The basic materials company reported $2.30 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.50. CF Industries had a return on equity of 12.96% and a net margin of 17.87%. The firm had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same period in the previous year, the company earned $2.70 EPS. The company’s revenue for the quarter was down 11.4% on a year-over-year basis. On average, equities research analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

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