Parkside Investments LLC lessened its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 13.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 57,990 shares of the basic materials company’s stock after selling 9,210 shares during the quarter. Parkside Investments LLC’s holdings in CF Industries Holdings were worth $2,039,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. boosted its stake in shares of CF Industries Holdings by 122.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 66,979 shares of the basic materials company’s stock worth $2,355,000 after acquiring an additional 36,829 shares in the last quarter. Thrivent Financial For Lutherans boosted its stake in CF Industries Holdings by 12,161.3% during the 2nd quarter. Thrivent Financial For Lutherans now owns 1,050,790 shares of the basic materials company’s stock valued at $29,380,000 after purchasing an additional 1,042,220 shares during the period. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in CF Industries Holdings by 1.5% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 659,496 shares of the basic materials company’s stock valued at $18,440,000 after purchasing an additional 9,956 shares during the period. Swiss National Bank boosted its stake in CF Industries Holdings by 2.8% during the 2nd quarter. Swiss National Bank now owns 849,340 shares of the basic materials company’s stock valued at $23,748,000 after purchasing an additional 23,400 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in CF Industries Holdings by 2.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,138,901 shares of the basic materials company’s stock valued at $31,844,000 after purchasing an additional 26,204 shares during the period.
CF Industries Holdings, Inc. (NYSE:CF) traded up $0.14 during mid-day trading on Monday, reaching $37.28. The company had a trading volume of 3,391,200 shares, compared to its average volume of 4,554,821. CF Industries Holdings, Inc. has a 12-month low of $25.04 and a 12-month high of $39.32. The company has a quick ratio of 1.51, a current ratio of 1.71 and a debt-to-equity ratio of 0.80.
CF Industries Holdings (NYSE:CF) last released its quarterly earnings results on Wednesday, November 1st. The basic materials company reported ($0.39) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.35) by ($0.04). CF Industries Holdings had a negative net margin of 10.95% and a negative return on equity of 2.29%. The business had revenue of $870.00 million for the quarter, compared to analyst estimates of $733.63 million. During the same period in the prior year, the business earned $0.13 earnings per share. The company’s revenue for the quarter was up 27.9% on a year-over-year basis. equities research analysts expect that CF Industries Holdings, Inc. will post -0.38 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Wednesday, November 15th will be issued a dividend of $0.30 per share. The ex-dividend date is Tuesday, November 14th. This represents a $1.20 dividend on an annualized basis and a yield of 3.22%. CF Industries Holdings’s dividend payout ratio is -65.57%.
Several brokerages recently weighed in on CF. Zacks Investment Research upgraded CF Industries Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, August 16th. Piper Jaffray Companies reiterated a “hold” rating on shares of CF Industries Holdings in a research report on Friday, August 4th. ValuEngine upgraded CF Industries Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, July 25th. Royal Bank Of Canada raised their price objective on CF Industries Holdings from $23.00 to $27.00 and gave the stock an “underperform” rating in a research report on Tuesday, October 17th. Finally, BMO Capital Markets raised their price objective on CF Industries Holdings from $38.00 to $43.00 and gave the stock a “market perform” rating in a research report on Friday, November 3rd. Three analysts have rated the stock with a sell rating, nine have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. CF Industries Holdings presently has an average rating of “Hold” and a consensus target price of $34.74.
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About CF Industries Holdings
CF Industries Holdings, Inc manufactures and distributes 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 the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).
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