CF Industries Holdings, Inc. $CF Shares Sold by Andra AP fonden

Andra AP fonden reduced its position in CF Industries Holdings, Inc. (NYSE:CF) by 37.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,500 shares of the basic materials company’s stock after selling 23,400 shares during the period. Andra AP fonden’s holdings in CF Industries were worth $3,542,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Trust Co. of Toledo NA OH purchased a new stake in shares of CF Industries in the second quarter valued at $26,000. Zions Bancorporation National Association UT purchased a new position in CF Industries in the first quarter valued at approximately $27,000. TCTC Holdings LLC raised its position in CF Industries by 114.1% in the first quarter. TCTC Holdings LLC now owns 379 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 202 shares during the period. Summit Securities Group LLC purchased a new position in CF Industries in the 1st quarter worth approximately $50,000. Finally, Geneos Wealth Management Inc. increased its stake in CF Industries by 141.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 790 shares of the basic materials company’s stock worth $62,000 after buying an additional 463 shares during the period. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Bank of America increased their target price on CF Industries from $82.00 to $83.00 and gave the company an “underperform” rating in a research note on Tuesday, October 14th. Wells Fargo & Company boosted their price objective on CF Industries from $101.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, October 16th. Wall Street Zen raised shares of CF Industries from a “hold” rating to a “buy” rating in a research note on Saturday. JPMorgan Chase & Co. upgraded shares of CF Industries from an “underweight” rating to a “neutral” rating and boosted their price target for the stock from $75.00 to $92.00 in a research report on Tuesday, July 29th. Finally, Scotiabank restated a “sector perform” rating and issued a $82.00 target price (up from $81.00) on shares of CF Industries in a report on Monday, August 11th. Three investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, CF Industries presently has an average rating of “Hold” and an average target price of $96.54.

CF Industries Stock Performance

CF stock opened at $81.93 on Friday. CF Industries Holdings, Inc. has a 12 month low of $67.34 and a 12 month high of $104.45. The firm has a 50 day moving average of $86.32 and a two-hundred day moving average of $88.41. The company has a quick ratio of 2.84, a current ratio of 3.22 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $13.27 billion, a price-to-earnings ratio of 10.70 and a beta of 0.89.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.06 by $0.13. The company had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.59 billion. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The firm’s revenue was up 21.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.55 EPS. As a group, equities analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, November 14th. CF Industries’s payout ratio is currently 24.10%.

About CF Industries

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.