Buckhead Capital Management LLC Sells 16,195 Shares of CF Industries Holdings, Inc. $CF

Buckhead Capital Management LLC lowered its stake in CF Industries Holdings, Inc. (NYSE:CF) by 59.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,073 shares of the basic materials company’s stock after selling 16,195 shares during the quarter. Buckhead Capital Management LLC’s holdings in CF Industries were worth $993,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Trust Co. of Toledo NA OH purchased a new stake in shares of CF Industries in the second quarter worth about $26,000. MUFG Securities EMEA plc bought a new stake in CF Industries during the 2nd quarter worth approximately $44,000. CYBER HORNET ETFs LLC purchased a new stake in CF Industries in the 2nd quarter worth approximately $46,000. Allworth Financial LP boosted its holdings in CF Industries by 123.0% in the 2nd quarter. Allworth Financial LP now owns 611 shares of the basic materials company’s stock valued at $56,000 after purchasing an additional 337 shares during the period. Finally, Caldwell Trust Co bought a new position in CF Industries in the 2nd quarter valued at $61,000. 93.06% of the stock is currently owned by institutional investors.

CF Industries Price Performance

Shares of CF Industries stock opened at $78.24 on Friday. The firm has a market capitalization of $12.20 billion, a PE ratio of 9.43 and a beta of 0.68. The company has a current ratio of 2.27, a quick ratio of 1.99 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 12 month low of $67.34 and a 12 month high of $104.45. The business’s 50-day moving average price is $81.75 and its 200-day moving average price is $87.49.

CF Industries (NYSE:CF) last issued 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. The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.59 billion. CF Industries had a return on equity of 18.14% and a net margin of 20.47%.CF Industries’s revenue for the quarter was up 21.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.55 earnings per share. Sell-side analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 14th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Friday, November 14th. CF Industries’s dividend payout ratio (DPR) is presently 24.10%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. CIBC started coverage on shares of CF Industries in a report on Tuesday, December 2nd. They issued a “neutral” rating and a $87.00 price target on the stock. Mizuho decreased their target price on CF Industries from $92.00 to $88.00 and set a “neutral” rating on the stock in a research note on Thursday. Wolfe Research upgraded CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Weiss Ratings reissued a “hold (c)” rating on shares of CF Industries in a report on Monday. Finally, The Goldman Sachs Group lowered their target price on shares of CF Industries from $94.00 to $90.00 and set a “neutral” rating on the stock in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $93.06.

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.