IFM Investors Pty Ltd Sells 442 Shares of CF Industries Holdings, Inc. $CF

IFM Investors Pty Ltd reduced its stake in CF Industries Holdings, Inc. (NYSE:CF) by 1.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,656 shares of the basic materials company’s stock after selling 442 shares during the period. IFM Investors Pty Ltd’s holdings in CF Industries were worth $2,452,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in CF. Woodline Partners LP bought a new stake in shares of CF Industries during the 4th quarter valued at approximately $892,000. Focus Partners Advisor Solutions LLC bought a new stake in CF Industries during the 4th quarter worth approximately $246,000. Vise Technologies Inc. acquired a new position in shares of CF Industries in the 4th quarter worth approximately $258,000. Forum Financial Management LP lifted its position in shares of CF Industries by 5.5% in the 4th quarter. Forum Financial Management LP now owns 3,762 shares of the basic materials company’s stock worth $321,000 after purchasing an additional 196 shares during the period. Finally, Vermillion Wealth Management Inc. acquired a new position in shares of CF Industries in the 4th quarter worth approximately $100,000. 93.06% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on CF. Bank of America reiterated an “underperform” rating and set a $82.00 target price (down previously from $93.00) on shares of CF Industries in a research report on Thursday, August 14th. Wolfe Research lowered shares of CF Industries from an “outperform” rating to a “peer perform” rating in a research note on Thursday, June 12th. Wall Street Zen upgraded shares of CF Industries from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. HSBC reduced their price target on shares of CF Industries from $104.00 to $95.00 and set a “hold” rating for the company in a research report on Monday, September 15th. Finally, Scotiabank restated a “sector perform” rating and set a $82.00 price target (up previously from $81.00) on shares of CF Industries in a research report on Monday, August 11th. Three research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $95.00.

CF Industries Trading Up 0.7%

Shares of CF Industries stock opened at $85.71 on Tuesday. CF Industries Holdings, Inc. has a 12-month low of $67.34 and a 12-month high of $104.45. The company has a market cap of $13.88 billion, a price-to-earnings ratio of 11.19 and a beta of 0.95. The company has a current ratio of 3.22, a quick ratio of 2.84 and a debt-to-equity ratio of 0.38. The company’s 50-day moving average price is $87.78 and its 200-day moving average price is $85.74.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, August 6th. The basic materials company reported $2.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.35 by $0.02. CF Industries had a net margin of 20.19% and a return on equity of 17.10%. The firm had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.73 billion. During the same period in the prior year, the firm posted $2.30 earnings per share. The company’s revenue for the quarter was up 20.2% on a year-over-year basis. On average, equities analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 15th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, August 15th. CF Industries’s dividend payout ratio is presently 26.11%.

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.