CF Industries Holdings, Inc. $CF Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC trimmed its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 4.3% during the fourth quarter, Holdings Channel reports. The firm owned 351,490 shares of the basic materials company’s stock after selling 15,670 shares during the quarter. Hsbc Holdings PLC’s holdings in CF Industries were worth $27,143,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd raised its stake in shares of CF Industries by 18,480.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 929 shares of the basic materials company’s stock worth $72,000 after buying an additional 924 shares during the last quarter. MidFirst Bank purchased a new stake in shares of CF Industries in the 4th quarter worth about $101,000. SG Trading Solutions LLC acquired a new stake in CF Industries in the 4th quarter valued at about $1,440,000. Kera Capital Partners Inc. grew its stake in CF Industries by 115.1% in the 4th quarter. Kera Capital Partners Inc. now owns 5,987 shares of the basic materials company’s stock valued at $463,000 after acquiring an additional 3,204 shares during the last quarter. Finally, MV Capital Management Inc. purchased a new position in CF Industries during the 4th quarter valued at about $52,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

Analyst Upgrades and Downgrades

CF has been the subject of a number of research reports. Mizuho lifted their target price on shares of CF Industries from $100.00 to $105.00 and gave the stock an “underperform” rating in a research report on Tuesday, March 31st. Zacks Research lowered shares of CF Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 15th. Weiss Ratings raised shares of CF Industries from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 13th. Royal Bank Of Canada lifted their price objective on CF Industries from $100.00 to $125.00 and gave the stock a “sector perform” rating in a research report on Tuesday, April 7th. Finally, BNP Paribas Exane reduced their target price on CF Industries from $140.00 to $120.00 and set a “neutral” rating on the stock in a research note on Monday, June 15th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $118.50.

CF Industries Trading Up 0.8%

CF Industries stock opened at $103.02 on Thursday. The stock has a 50-day moving average price of $116.96 and a 200 day moving average price of $105.25. CF Industries Holdings, Inc. has a 52 week low of $75.42 and a 52 week high of $141.96. The stock has a market cap of $15.83 billion, a PE ratio of 9.26 and a beta of 0.38. The company has a current ratio of 3.54, a quick ratio of 3.15 and a debt-to-equity ratio of 0.39.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $1.35. CF Industries had a net margin of 23.73% and a return on equity of 20.93%. The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same period in the prior year, the firm earned $1.85 EPS. The firm’s quarterly revenue was up 19.4% on a year-over-year basis. Equities research analysts predict that CF Industries Holdings, Inc. will post 15.6 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Friday, May 15th. CF Industries’s payout ratio is currently 17.97%.

CF Industries 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.