Vanguard Group Inc. Decreases Stake in CF Industries Holdings, Inc. $CF

Vanguard Group Inc. lowered its position in CF Industries Holdings, Inc. (NYSE:CF) by 0.3% in the third quarter, HoldingsChannel reports. The fund owned 19,768,207 shares of the basic materials company’s stock after selling 55,715 shares during the quarter. Vanguard Group Inc. owned 0.12% of CF Industries worth $1,773,208,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CF. Harbor Capital Advisors Inc. lifted its stake in shares of CF Industries by 78.0% in the third quarter. Harbor Capital Advisors Inc. now owns 292 shares of the basic materials company’s stock worth $26,000 after buying an additional 128 shares in the last quarter. True Wealth Design LLC increased its holdings in CF Industries by 396.2% in the 3rd quarter. True Wealth Design LLC now owns 387 shares of the basic materials company’s stock valued at $35,000 after purchasing an additional 309 shares during the last quarter. Eastern Bank purchased a new position in shares of CF Industries during the third quarter worth $35,000. Peterson Wealth Services increased its position in shares of CF Industries by 451.3% during the third quarter. Peterson Wealth Services now owns 441 shares of the basic materials company’s stock worth $40,000 after purchasing an additional 361 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new stake in shares of CF Industries in the 3rd quarter valued at about $41,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

CF has been the subject of a number of research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CF Industries in a report on Monday, December 29th. Scotiabank lowered their price target on CF Industries from $90.00 to $82.00 and set a “sector perform” rating for the company in a report on Monday, February 2nd. Canadian Imperial Bank of Commerce upgraded CF Industries to a “hold” rating in a report on Tuesday, December 2nd. Wall Street Zen lowered CF Industries from a “buy” rating to a “hold” rating in a research note on Sunday, December 14th. Finally, Wolfe Research upgraded shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, CF Industries has an average rating of “Hold” and a consensus target price of $89.57.

CF Industries Trading Up 0.9%

Shares of CF Industries stock opened at $100.31 on Friday. The company has a quick ratio of 1.99, a current ratio of 2.27 and a debt-to-equity ratio of 0.39. The firm has a market cap of $15.65 billion, a price-to-earnings ratio of 11.15 and a beta of 0.70. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $105.27. The business has a fifty day simple moving average of $86.15 and a 200-day simple moving average of $85.14.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, February 18th. The basic materials company reported $2.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.53 by $0.06. The business had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.78 billion. CF Industries had a net margin of 20.54% and a return on equity of 19.95%. The firm’s revenue was up 22.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.89 earnings per share. On average, equities analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, February 13th. This represents a $2.00 annualized dividend and a dividend yield of 2.0%. CF Industries’s dividend payout ratio is 24.10%.

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.