IBM Retirement Fund lowered its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 6.5% during the third quarter, Holdings Channel reports. The institutional investor owned 22,048 shares of the company’s stock after selling 1,541 shares during the period. IBM Retirement Fund’s holdings in CF Industries Holdings were worth $537,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. FMR LLC boosted its stake in shares of CF Industries Holdings by 17.4% in the second quarter. FMR LLC now owns 24,447,466 shares of the company’s stock worth $589,184,000 after buying an additional 3,630,043 shares during the period. Vanguard Group Inc. boosted its stake in shares of CF Industries Holdings by 3.0% in the second quarter. Vanguard Group Inc. now owns 21,645,472 shares of the company’s stock worth $521,656,000 after buying an additional 632,198 shares during the period. BlackRock Institutional Trust Company N.A. boosted its stake in shares of CF Industries Holdings by 1.1% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 6,054,066 shares of the company’s stock worth $145,903,000 after buying an additional 67,936 shares during the period. BlackRock Fund Advisors boosted its stake in shares of CF Industries Holdings by 6.2% in the second quarter. BlackRock Fund Advisors now owns 3,850,929 shares of the company’s stock worth $92,807,000 after buying an additional 223,543 shares during the period. Finally, Thornburg Investment Management Inc. purchased a new stake in shares of CF Industries Holdings during the second quarter worth about $85,368,000. 98.70% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for CF Industries Holdings (NYSE:CF)

CF Industries Holdings, Inc. (NYSE:CF) traded down 1.54% during midday trading on Friday, hitting $33.98. 4,144,901 shares of the stock traded hands. CF Industries Holdings, Inc. has a 52-week low of $20.77 and a 52-week high of $37.72. The firm has a market cap of $7.92 billion, a PE ratio of 113.27 and a beta of 1.39. The stock has a 50-day moving average of $30.49 and a 200 day moving average of $26.11.

CF Industries Holdings (NYSE:CF) last posted its earnings results on Wednesday, November 2nd. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.11. CF Industries Holdings had a net margin of 1.77% and a return on equity of 5.94%. The firm earned $680 million during the quarter, compared to analysts’ expectations of $805.58 million. During the same period in the previous year, the business posted $0.39 EPS. The business’s revenue was down 26.7% compared to the same quarter last year. Equities analysts forecast that CF Industries Holdings, Inc. will post $0.77 EPS for the current year.

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A number of analysts have recently issued reports on the stock. RBC Capital Markets reissued a “sell” rating and issued a $23.00 price objective on shares of CF Industries Holdings in a research note on Thursday. Zacks Investment Research raised shares of CF Industries Holdings from a “strong sell” rating to a “strong-buy” rating and set a $38.00 price objective for the company in a research note on Monday. BMO Capital Markets reissued a “buy” rating on shares of CF Industries Holdings in a research note on Tuesday, January 3rd. Barclays PLC cut shares of CF Industries Holdings from an “overweight” rating to an “equal weight” rating and increased their price objective for the stock from $25.00 to $30.00 in a research note on Monday, December 12th. They noted that the move was a valuation call. Finally, Wood & Company cut shares of CF Industries Holdings to an “underperform” rating in a research note on Tuesday, November 22nd. Six investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $28.74.

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).

5 Day Chart for NYSE:CF

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