AustralianSuper Pty Ltd Reduces Stock Holdings in CF Industries Holdings, Inc. $CF

AustralianSuper Pty Ltd reduced its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 53.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 474,258 shares of the basic materials company’s stock after selling 551,501 shares during the quarter. AustralianSuper Pty Ltd owned 0.29% of CF Industries worth $42,541,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CF. Planned Solutions Inc. increased its holdings in CF Industries by 3.5% during the second quarter. Planned Solutions Inc. now owns 3,393 shares of the basic materials company’s stock valued at $312,000 after buying an additional 114 shares during the last quarter. Nordea Investment Management AB grew its position in shares of CF Industries by 0.8% during the 2nd quarter. Nordea Investment Management AB now owns 15,262 shares of the basic materials company’s stock valued at $1,395,000 after acquiring an additional 114 shares during the period. Harbor Capital Advisors Inc. increased its stake in shares of CF Industries by 78.0% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 292 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 128 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in CF Industries by 7.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,838 shares of the basic materials company’s stock worth $169,000 after purchasing an additional 131 shares during the period. Finally, First Horizon Advisors Inc. lifted its position in CF Industries by 8.7% during the second quarter. First Horizon Advisors Inc. now owns 1,854 shares of the basic materials company’s stock valued at $171,000 after purchasing an additional 149 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries Stock Up 1.6%

CF opened at $93.22 on Thursday. The company has a market capitalization of $14.54 billion, a PE ratio of 11.23 and a beta of 0.69. The firm has a 50-day simple moving average of $81.01 and a two-hundred day simple moving average of $84.96. The company has a quick ratio of 1.99, a current ratio of 2.27 and a debt-to-equity ratio of 0.39. CF Industries Holdings, Inc. has a 52 week low of $67.34 and a 52 week high of $104.45.

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. CF Industries had a return on equity of 18.14% and a net margin of 20.47%.The firm had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.59 billion. During the same period in the previous year, the firm posted $1.55 earnings per share. The business’s revenue was up 21.1% compared to the same quarter last year. Analysts forecast that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.1%. CF Industries’s dividend payout ratio (DPR) is 24.10%.

Analyst Ratings Changes

CF has been the subject of a number of analyst reports. 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, December 29th. CIBC assumed coverage on shares of CF Industries in a research note on Tuesday, December 2nd. They set a “neutral” rating and a $87.00 target price on the stock. Mizuho dropped their price target on shares of CF Industries from $92.00 to $88.00 and set a “neutral” rating for the company in a research report on Thursday, December 18th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of CF Industries from $87.00 to $80.00 and set a “neutral” rating for the company in a research note on Thursday, January 15th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, CF Industries has an average rating of “Hold” and a consensus target price of $89.71.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.