Caisse DE Depot ET Placement DU Quebec trimmed its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 41.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 343,033 shares of the basic materials company's stock after selling 243,886 shares during the quarter. Caisse DE Depot ET Placement DU Quebec owned 0.20% of CF Industries worth $29,268,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. FMR LLC raised its stake in CF Industries by 6.6% in the fourth quarter. FMR LLC now owns 8,830,621 shares of the basic materials company's stock worth $753,429,000 after buying an additional 543,876 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of CF Industries by 4.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,792,339 shares of the basic materials company's stock worth $494,202,000 after purchasing an additional 225,109 shares during the last quarter. Victory Capital Management Inc. boosted its position in CF Industries by 7.1% in the fourth quarter. Victory Capital Management Inc. now owns 4,487,821 shares of the basic materials company's stock valued at $382,901,000 after buying an additional 299,173 shares during the last quarter. First Trust Advisors LP increased its holdings in CF Industries by 3.5% in the 4th quarter. First Trust Advisors LP now owns 4,425,518 shares of the basic materials company's stock worth $377,585,000 after buying an additional 150,461 shares during the period. Finally, Boston Partners lifted its stake in CF Industries by 7.0% during the 4th quarter. Boston Partners now owns 3,316,616 shares of the basic materials company's stock valued at $283,044,000 after acquiring an additional 216,395 shares during the period. Hedge funds and other institutional investors own 93.06% of the company's stock.
CF Industries Trading Down 1.8 %
Shares of CF Industries stock traded down $1.46 on Wednesday, reaching $80.52. The company had a trading volume of 3,595,156 shares, compared to its average volume of 2,663,866. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08. The firm has a market cap of $13.65 billion, a PE ratio of 11.89, a PEG ratio of 0.37 and a beta of 0.94. The firm's 50 day moving average price is $76.26 and its two-hundred day moving average price is $83.28. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $98.25.
CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.49 by $0.40. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. Sell-side analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.
CF Industries Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.48%. The ex-dividend date of this dividend is Thursday, May 15th. CF Industries's payout ratio is presently 29.54%.
Analyst Ratings Changes
A number of brokerages have issued reports on CF. BNP Paribas raised CF Industries to a "strong-buy" rating in a report on Wednesday, April 9th. The Goldman Sachs Group assumed coverage on CF Industries in a report on Thursday, March 13th. They set a "neutral" rating and a $86.00 target price for the company. Oppenheimer lowered CF Industries from an "outperform" rating to a "market perform" rating in a research note on Tuesday, April 22nd. Bank of America raised shares of CF Industries from an "underperform" rating to a "neutral" rating and set a $84.00 target price on the stock in a research note on Monday, February 24th. Finally, JPMorgan Chase & Co. downgraded shares of CF Industries from a "neutral" rating to an "underweight" rating and decreased their price target for the stock from $82.00 to $75.00 in a research note on Friday, January 24th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $89.29.
View Our Latest Report on CF
About CF Industries
(
Free Report)
CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.
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