Systematic Financial Management LP Sells 315 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Systematic Financial Management LP decreased its position in CF Industries Holdings, Inc. (NYSE:CF) by 1.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,090 shares of the basic materials company’s stock after selling 315 shares during the quarter. Systematic Financial Management LP’s holdings in CF Industries were worth $1,637,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Westside Investment Management Inc. bought a new stake in CF Industries in the 1st quarter worth approximately $25,000. UMB Bank n.a. boosted its holdings in shares of CF Industries by 40.4% in 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 during the period. nVerses Capital LLC boosted its holdings in shares of CF Industries by 250.0% in the 2nd quarter. nVerses Capital LLC now owns 700 shares of the basic materials company’s stock worth $52,000 after purchasing an additional 500 shares during the period. Mather Group LLC. purchased a new position in shares of CF Industries in the 1st quarter worth approximately $55,000. Finally, Massmutual Trust Co. FSB ADV boosted its holdings in shares of CF Industries by 28.1% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 761 shares of the basic materials company’s stock worth $56,000 after purchasing an additional 167 shares during the period. Institutional investors own 93.06% of the company’s stock.

Analyst Ratings Changes

CF has been the subject of a number of recent research reports. BMO Capital Markets lifted their target price on CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. Royal Bank of Canada lifted their target price on CF Industries from $85.00 to $95.00 and gave the stock an “outperform” rating in a report on Monday, August 12th. Bank of America lifted their target price on CF Industries from $76.00 to $83.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. Wells Fargo & Company lifted their target price on CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a report on Tuesday, September 24th. Finally, Scotiabank boosted their price objective on CF Industries from $80.00 to $88.00 and gave the company a “sector perform” rating in a report on Monday, August 12th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $87.73.

CF Industries Price Performance

Shares of CF stock opened at $85.64 on Monday. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $87.82. The stock has a market capitalization of $15.65 billion, a price-to-earnings ratio of 14.23, a P/E/G ratio of 2.38 and a beta of 0.95. The stock has a fifty day simple moving average of $79.02 and a two-hundred day simple moving average of $77.94. 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 released its quarterly earnings results 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. The firm had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.52 billion. CF Industries had a return on equity of 12.96% and a net margin of 17.87%. The business’s revenue for the quarter was down 11.4% compared to the same quarter last year. During the same period in the previous year, the company posted $2.70 EPS. On average, analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Thursday, August 15th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.34%. The ex-dividend date was Thursday, August 15th. CF Industries’s payout ratio is 33.22%.

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.