ARGI Investment Services LLC trimmed its position in CF Industries Holdings, Inc. (NYSE:CF) by 12.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,672 shares of the basic materials company’s stock after selling 2,638 shares during the quarter. ARGI Investment Services LLC’s holdings in CF Industries were worth $657,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Saratoga Research & Investment Management acquired a new stake in CF Industries during the 3rd quarter worth approximately $108,000. Ffcm LLC grew its holdings in shares of CF Industries by 218.4% during the second quarter. Ffcm LLC now owns 4,041 shares of the basic materials company’s stock worth $118,000 after buying an additional 2,772 shares in the last quarter. Pacad Investment Ltd. purchased a new stake in shares of CF Industries during the second quarter worth about $126,000. BT Investment Management Ltd purchased a new stake in shares of CF Industries during the second quarter worth about $126,000. Finally, Pacer Advisors Inc. grew its holdings in shares of CF Industries by 8.3% during the second quarter. Pacer Advisors Inc. now owns 4,648 shares of the basic materials company’s stock worth $130,000 after buying an additional 355 shares in the last quarter.
A number of research firms recently issued reports on CF. BMO Capital Markets boosted their target price on shares of CF Industries from $38.00 to $43.00 and gave the company a “market perform” rating in a report on Friday, November 3rd. Royal Bank Of Canada boosted their target price on shares of CF Industries from $27.00 to $32.00 and gave the company an “underperform” rating in a research note on Friday, November 3rd. Zacks Investment Research upgraded shares of CF Industries from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a research note on Wednesday, October 25th. Stephens initiated coverage on shares of CF Industries in a research note on Monday. They set a “hold” rating and a $38.00 target price for the company. Finally, Atlantic Securities lowered shares of CF Industries from a “neutral” rating to an “underweight” rating in a research report on Tuesday, November 14th. They noted that the move was a valuation call. Three research analysts have rated the stock with a sell rating, nine have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $34.95.
CF Industries Holdings, Inc. (NYSE:CF) traded down $0.69 on Tuesday, hitting $36.90. The stock had a trading volume of 4,267,200 shares, compared to its average volume of 4,459,879. CF Industries Holdings, Inc. has a 12 month low of $25.04 and a 12 month high of $39.32. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.71 and a quick ratio of 1.51.
CF Industries (NYSE:CF) last issued its earnings results on Wednesday, November 1st. The basic materials company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.35) by ($0.04). CF Industries had a negative return on equity of 2.29% and a negative net margin of 10.95%. The firm had revenue of $870.00 million during the quarter, compared to the consensus estimate of $733.63 million. During the same period last year, the business earned $0.13 earnings per share. The firm’s revenue for the quarter was up 27.9% compared to the same quarter last year. sell-side analysts predict that CF Industries Holdings, Inc. will post -0.35 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th were paid a $0.30 dividend. The ex-dividend date was Tuesday, November 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.25%. CF Industries’s dividend payout ratio (DPR) is presently -65.57%.
CF Industries Profile
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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