Banco Bilbao Vizcaya Argentaria S.A. Has $1.13 Million Stake in CF Industries Holdings, Inc. $CF

Banco Bilbao Vizcaya Argentaria S.A. cut its position in CF Industries Holdings, Inc. (NYSE:CF) by 78.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,294 shares of the basic materials company’s stock after selling 43,982 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in CF Industries were worth $1,127,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Trust Co. of Toledo NA OH acquired a new position in CF Industries during the second quarter valued at approximately $26,000. Zions Bancorporation National Association UT acquired a new stake in shares of CF Industries in the 1st quarter valued at $27,000. TCTC Holdings LLC increased its stake in shares of CF Industries by 114.1% in the 1st 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 last quarter. Summit Securities Group LLC bought a new position in shares of CF Industries in the 1st quarter valued at $50,000. Finally, Allworth Financial LP raised its holdings in shares of CF Industries by 123.0% during the 2nd quarter. Allworth Financial LP now owns 611 shares of the basic materials company’s stock worth $56,000 after buying an additional 337 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Stock Performance

Shares of CF Industries stock opened at $80.68 on Tuesday. The stock has a market cap of $12.58 billion, a price-to-earnings ratio of 10.53 and a beta of 0.89. CF Industries Holdings, Inc. has a twelve month low of $67.34 and a twelve month high of $104.45. The company’s fifty day moving average is $86.11 and its 200 day moving average is $88.79. The company has a quick ratio of 2.84, a current ratio of 3.22 and a debt-to-equity ratio of 0.38.

CF Industries (NYSE:CF) last announced its 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. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same period last year, the company earned $1.55 EPS. CF Industries’s revenue for the quarter was up 21.1% compared to the same quarter last year. Sell-side analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be issued a $0.50 dividend. The ex-dividend date is Friday, November 14th. This represents a $2.00 annualized dividend and a yield of 2.5%. CF Industries’s dividend payout ratio is presently 24.10%.

Analyst Upgrades and Downgrades

CF has been the subject of several research analyst reports. Zacks Research downgraded CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. Bank of America lifted their price target on shares of CF Industries from $82.00 to $83.00 and gave the company an “underperform” rating in a report on Tuesday, October 14th. Barclays upgraded shares of CF Industries from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $95.00 to $100.00 in a research report on Wednesday, August 13th. Wall Street Zen lowered shares of CF Industries from a “buy” rating to a “hold” rating in a research report on Sunday. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of CF Industries in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $95.64.

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.