Railway Pension Investments Ltd Sells 11,500 Shares of CF Industries Holdings, Inc. $CF

Railway Pension Investments Ltd cut its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 7.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 148,600 shares of the basic materials company’s stock after selling 11,500 shares during the quarter. Railway Pension Investments Ltd owned approximately 0.10% of CF Industries worth $16,087,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in CF. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of CF Industries by 3.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,360 shares of the basic materials company’s stock valued at $306,000 after buying an additional 84 shares during the period. Eley Financial Management Inc increased its holdings in shares of CF Industries by 0.6% during the first quarter. Eley Financial Management Inc now owns 13,764 shares of the basic materials company’s stock valued at $1,787,000 after acquiring an additional 87 shares in the last quarter. Personal CFO Solutions LLC raised its holdings in CF Industries by 1.1% in the first quarter. Personal CFO Solutions LLC now owns 8,176 shares of the basic materials company’s stock worth $1,062,000 after buying an additional 89 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in CF Industries by 6.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,496 shares of the basic materials company’s stock valued at $194,000 after acquiring an additional 97 shares in the last quarter. Finally, Altshuler Shaham Ltd lifted its holdings in shares of CF Industries by 36.6% during the first quarter. Altshuler Shaham Ltd now owns 418 shares of the basic materials company’s stock valued at $54,000 after purchasing an additional 112 shares in the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Stock Up 3.4%

NYSE:CF opened at $130.03 on Tuesday. The company has a market cap of $19.68 billion, a price-to-earnings ratio of 9.64, a price-to-earnings-growth ratio of 0.25 and a beta of 0.39. The company has a current ratio of 4.86, a quick ratio of 4.32 and a debt-to-equity ratio of 0.36. CF Industries Holdings, Inc. has a twelve month low of $75.42 and a twelve month high of $141.96. The stock has a fifty day simple moving average of $118.71 and a 200-day simple moving average of $117.27.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share for the quarter, missing the consensus estimate of $5.63 by ($0.90). The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.45 billion. CF Industries had a net margin of 27.12% and a return on equity of 24.41%. During the same period in the prior year, the firm posted $2.37 EPS. The business’s revenue was up 17.6% on a year-over-year basis. Analysts anticipate that CF Industries Holdings, Inc. will post 13.7 EPS for the current year.

CF Industries Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 14th were paid a dividend of $0.60 per share. This is a positive change from CF Industries’s previous quarterly dividend of $0.50. The ex-dividend date was Friday, August 14th. This represents a $2.40 annualized dividend and a yield of 1.8%. CF Industries’s dividend payout ratio (DPR) is presently 17.79%.

Analysts Set New Price Targets

Several brokerages recently issued reports on CF. Wall Street Zen cut shares of CF Industries from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Zacks Research lowered shares of CF Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Scotiabank raised their price target on CF Industries from $125.00 to $130.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Bank of America boosted their target price on shares of CF Industries from $103.00 to $106.00 in a report on Thursday, May 14th. Finally, Berenberg Bank boosted their target price on CF Industries from $86.00 to $106.00 and gave the stock a “hold” rating in a research report on Thursday, May 28th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $116.56.

About CF Industries

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.