Strs Ohio raised its position in CF Industries Holdings Inc. (NYSE:CF) by 17.3% during the second quarter, Holdings Channel reports. The firm owned 39,975 shares of the company’s stock after buying an additional 5,889 shares during the period. Strs Ohio’s holdings in CF Industries Holdings were worth $963,000 as of its most recent filing with the SEC.
Several other institutional investors have also added to or reduced their stakes in the company. State Street Corp raised its position in CF Industries Holdings by 5.6% in the first quarter. State Street Corp now owns 10,842,394 shares of the company’s stock worth $339,791,000 after buying an additional 571,479 shares during the period. BB&T Securities LLC acquired a new position in CF Industries Holdings during the first quarter worth $585,000. OMERS ADMINISTRATION Corp acquired a new position in CF Industries Holdings during the first quarter worth $3,889,000. Canada Pension Plan Investment Board raised its position in CF Industries Holdings by 2,394.1% in the first quarter. Canada Pension Plan Investment Board now owns 1,851,575 shares of the company’s stock worth $58,028,000 after buying an additional 1,777,338 shares during the period. Finally, Investec Asset Management LTD raised its position in CF Industries Holdings by 41.6% in the first quarter. Investec Asset Management LTD now owns 310,973 shares of the company’s stock worth $9,746,000 after buying an additional 91,391 shares during the period. 99.09% of the stock is owned by hedge funds and other institutional investors.
Shares of CF Industries Holdings Inc. (NYSE:CF) traded down 3.30% during mid-day trading on Friday, reaching $22.28. The company’s stock had a trading volume of 4,740,948 shares. The stock has a 50 day moving average of $24.23 and a 200-day moving average of $26.91. The stock has a market cap of $5.19 billion, a P/E ratio of 27.44 and a beta of 1.62. CF Industries Holdings Inc. has a one year low of $20.77 and a one year high of $54.27.
CF Industries Holdings (NYSE:CF) last released its earnings results on Wednesday, August 3rd. The company reported $0.33 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.68 by $0.35. CF Industries Holdings had a return on equity of 8.04% and a net margin of 4.55%. The business earned $1.13 billion during the quarter, compared to analysts’ expectations of $1.13 billion. During the same period last year, the business earned $1.49 earnings per share. The company’s revenue for the quarter was down 13.5% compared to the same quarter last year. On average, equities research analysts expect that CF Industries Holdings Inc. will post $1.06 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Tuesday, November 15th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 5.39%. The ex-dividend date of this dividend is Thursday, November 10th. CF Industries Holdings’s dividend payout ratio (DPR) is 148.15%.
A number of research firms recently commented on CF. Vetr downgraded CF Industries Holdings from a “strong-buy” rating to a “buy” rating and set a $29.50 target price on the stock. in a research report on Monday, June 20th. Barclays PLC decreased their target price 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. Royal Bank Of Canada decreased their target price on CF Industries Holdings from $30.00 to $26.00 and set a “sector perform” rating on the stock in a research report on Wednesday, July 13th. Finally, Credit Suisse Group AG set a $26.00 target price on CF Industries Holdings and gave the stock a “buy” rating in a research report on Sunday, September 18th. Three analysts have rated the stock with a sell rating, nine have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $31.25.
In other CF Industries Holdings news, Director Robert C. Arzbaecher bought 21,600 shares of the firm’s stock in a transaction on Tuesday, August 16th. The shares were acquired at an average cost of $23.25 per share, with a total value of $502,200.00. Following the purchase, the director now directly owns 88,443 shares of the company’s stock, valued at approximately $2,056,299.75. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. 0.84% of the stock is currently owned by company 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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