Nisa Investment Advisors LLC lowered its stake in CF Industries Holdings Inc. (NYSE:CF) by 64.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,150 shares of the company’s stock after selling 22,400 shares during the period. Nisa Investment Advisors LLC’s holdings in CF Industries Holdings were worth $293,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently bought and sold shares of the company. Ngam Advisors L.P. raised its stake in CF Industries Holdings by 9.0% in the first quarter. Ngam Advisors L.P. now owns 32,436 shares of the company’s stock worth $1,017,000 after buying an additional 2,667 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. raised its stake in CF Industries Holdings by 4,479.3% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 554,050 shares of the company’s stock worth $17,364,000 after buying an additional 541,951 shares in the last quarter. Dubuque Bank & Trust Co. raised its stake in CF Industries Holdings by 606.3% in the first quarter. Dubuque Bank & Trust Co. now owns 82,848 shares of the company’s stock worth $2,596,000 after buying an additional 71,118 shares in the last quarter. Patton Albertson Miller Group LLC raised its stake in CF Industries Holdings by 1.5% in the first quarter. Patton Albertson Miller Group LLC now owns 29,153 shares of the company’s stock worth $914,000 after buying an additional 442 shares in the last quarter. Finally, CIBC World Markets Inc. raised its stake in CF Industries Holdings by 115.2% in the first quarter. CIBC World Markets Inc. now owns 59,316 shares of the company’s stock worth $1,859,000 after buying an additional 31,756 shares in the last quarter. 99.09% of the stock is currently owned by hedge funds and other institutional investors.
CF Industries Holdings Inc. (NYSE:CF) traded down 2.58% during mid-day trading on Friday, hitting $22.63. The stock had a trading volume of 6,960,761 shares. CF Industries Holdings Inc. has a 12-month low of $20.77 and a 12-month high of $54.27. The company has a 50-day moving average of $23.95 and a 200-day moving average of $27.98. The stock has a market cap of $5.28 billion, a price-to-earnings ratio of 27.87 and a beta of 1.85.
CF Industries Holdings (NYSE:CF) last released its quarterly earnings results on Wednesday, August 3rd. The company reported $0.33 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.68 by $0.35. The business earned $1.13 billion during the quarter, compared to analyst estimates of $1.13 billion. CF Industries Holdings had a return on equity of 8.04% and a net margin of 4.55%. The company’s revenue was down 13.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.49 EPS. On average, analysts anticipate that CF Industries Holdings Inc. will post $1.06 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 31st. Investors of record on Monday, August 15th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 5.30%. The ex-dividend date of this dividend was Thursday, August 11th. CF Industries Holdings’s dividend payout ratio is currently 148.15%.
CF has been the topic of a number of analyst reports. Citigroup Inc. reduced their price target on CF Industries Holdings from $34.00 to $25.00 and set a “neutral” rating on the stock in a research report on Thursday, July 7th. Barclays PLC reduced their price target on CF Industries Holdings from $36.00 to $31.00 and set an “overweight” rating on the stock in a research report on Thursday, June 23rd. Vetr lowered CF Industries Holdings from a “strong-buy” rating to a “buy” rating and set a $29.50 price target on the stock. in a research report on Monday, June 20th. Goldman Sachs Group Inc. reiterated a “neutral” rating and issued a $30.00 price objective on shares of CF Industries Holdings in a report on Friday, June 3rd. Finally, Atlantic Securities downgraded CF Industries Holdings from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $35.00 to $24.00 in a report on Friday, August 5th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $32.53.
In other news, Director Robert C. Arzbaecher acquired 21,600 shares of the stock in a transaction that occurred on Tuesday, August 16th. The stock was purchased at an average cost of $23.25 per share, with a total value of $502,200.00. Following the completion of the acquisition, the director now directly owns 88,443 shares in the company, valued at $2,056,299.75. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.84% of the stock is owned by corporate insiders.
CF Industries Holdings Company Profile
CF Industries Holdings, Inc is the manufacturer and distributor of nitrogen fertilizer and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to its industrial customers, and compound fertilizer products (NPKs).
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