CF Industries Holdings, Inc. $CF Shares Sold by Avalon Trust Co

Avalon Trust Co lessened its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 12.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,000 shares of the basic materials company’s stock after selling 1,000 shares during the quarter. Avalon Trust Co’s holdings in CF Industries were worth $644,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Impax Asset Management Group plc purchased a new stake in shares of CF Industries in the second quarter valued at $910,000. PNC Financial Services Group Inc. lifted its holdings in CF Industries by 8.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 25,545 shares of the basic materials company’s stock valued at $2,350,000 after purchasing an additional 1,888 shares in the last quarter. denkapparat Operations GmbH boosted its stake in shares of CF Industries by 25.8% during the 2nd quarter. denkapparat Operations GmbH now owns 15,088 shares of the basic materials company’s stock worth $1,388,000 after purchasing an additional 3,098 shares during the last quarter. KBC Group NV grew its holdings in shares of CF Industries by 2.6% during the second quarter. KBC Group NV now owns 916,542 shares of the basic materials company’s stock worth $84,322,000 after buying an additional 23,544 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp grew its holdings in shares of CF Industries by 11.0% during the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 313,695 shares of the basic materials company’s stock worth $28,860,000 after buying an additional 31,194 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Stock Performance

NYSE:CF opened at $84.74 on Thursday. The firm’s fifty day simple moving average is $86.17 and its 200 day simple moving average is $88.64. The company has a current ratio of 3.22, a quick ratio of 2.84 and a debt-to-equity ratio of 0.38. CF Industries Holdings, Inc. has a twelve month low of $67.34 and a twelve month high of $104.45. The firm has a market capitalization of $13.22 billion, a price-to-earnings ratio of 11.06 and a beta of 0.89.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, November 5th. The basic materials company reported $2.19 EPS for the quarter, beating the consensus estimate of $2.06 by $0.13. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the company posted $1.55 earnings per share. As a group, equities research analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Friday, November 14th. This represents a $2.00 annualized dividend and a yield of 2.4%. CF Industries’s payout ratio is 24.10%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on CF shares. Mizuho reduced their price objective on shares of CF Industries from $100.00 to $92.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. The Goldman Sachs Group reduced their price target on CF Industries from $96.00 to $94.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 22nd. Royal Bank Of Canada lowered their price objective on CF Industries from $100.00 to $95.00 and set a “sector perform” rating for the company in a research report on Monday. UBS Group dropped their target price on CF Industries from $96.00 to $91.00 and set a “neutral” rating for the company in a research note on Thursday, November 6th. Finally, Zacks Research lowered CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $96.38.

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.