BI Asset Management Fondsmaeglerselskab A S Lowers Position in CF Industries Holdings, Inc. $CF

Key Points

• BI Asset Management cut its CF Industries stake by 30.2% in the first quarter, selling 33,575 shares and leaving it with 77,613 shares valued at about $10.1 million.
• CF Industries reported strong first-quarter results, with EPS of $3.98 beating estimates by $1.35 and revenue of $1.99 billion topping expectations; revenue also rose 19.4% year over year.
• Analyst sentiment remains mixed but generally constructive, with several price target increases and an average Wall Street rating of Hold; the consensus price target is $119.62 versus a recent share price around $103.

BI Asset Management Fondsmaeglerselskab A S lessened its stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 30.2% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 77,613 shares of the basic materials company's stock after selling 33,575 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S owned approximately 0.05% of CF Industries worth $10,077,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Victory Capital Management Inc. grew its stake in shares of CF Industries by 10.6% in the 3rd quarter. Victory Capital Management Inc. now owns 5,013,846 shares of the basic materials company's stock worth $449,742,000 after acquiring an additional 480,126 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in CF Industries by 37.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,312,225 shares of the basic materials company's stock valued at $333,501,000 after buying an additional 1,178,516 shares during the last quarter. Boston Partners increased its stake in CF Industries by 15.3% in the 3rd quarter. Boston Partners now owns 3,587,999 shares of the basic materials company's stock valued at $321,852,000 after buying an additional 476,769 shares during the last quarter. Invesco Ltd. lifted its position in shares of CF Industries by 12.0% during the 4th quarter. Invesco Ltd. now owns 3,570,249 shares of the basic materials company's stock worth $276,123,000 after buying an additional 381,716 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of CF Industries by 1.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,351,194 shares of the basic materials company's stock worth $300,602,000 after buying an additional 63,938 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company's stock.

CF Industries News Roundup

Here are the key news stories impacting CF Industries this week:

• Positive Sentiment: Zacks noted that CF Industries and peer Nutrien are benefiting from firm fertilizer demand and higher prices, with global farm economics still supportive. CF vs. NTR: Which Fertilizer Giant Is the Better Pick Now?
• Positive Sentiment: Several Zacks Research estimate revisions were higher for CF Industries, including boosts to FY2027 EPS and multiple quarterly forecasts, which can signal improving earnings expectations. CF Industries Holdings, Inc. Free Report
• Neutral Sentiment: Zacks also published a value-investor article asking whether CF Industries is a good buy now, which adds visibility but does not appear to bring new company-specific catalysts. Should Value Investors Buy CF Industries (CF) Stock?
• Neutral Sentiment: HSBC trimmed its price target on CF Industries to $121 from $130, but that still implied upside from the current trading level and was not a bearish thesis cut. MarketScreener article on HSBC price target cut
• Negative Sentiment: Zacks Research lowered its FY2028 EPS estimate for CF Industries, which may weigh on sentiment around the company’s longer-term earnings trajectory. CF Industries Holdings, Inc. Free Report

CF Industries Trading Up 0.1%

Shares of CF Industries stock opened at $103.07 on Monday. The stock has a market capitalization of $15.83 billion, a P/E ratio of 9.26 and a beta of 0.38. CF Industries Holdings, Inc. has a 52-week low of $75.42 and a 52-week high of $141.96. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.15 and a current ratio of 3.54. The stock's 50-day simple moving average is $118.02 and its 200 day simple moving average is $104.76.

CF Industries (NYSE:CF - Get Free Report) last issued its earnings results on Wednesday, May 6th. The basic materials company reported $3.98 earnings per share for the quarter, topping analysts' consensus estimates of $2.63 by $1.35. CF Industries had a net margin of 23.73% and a return on equity of 20.93%. The firm had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.84 billion. During the same quarter last year, the business earned $1.85 earnings per share. The company's quarterly revenue was up 19.4% on a year-over-year basis. As a group, research analysts anticipate that CF Industries Holdings, Inc. will post 15.6 EPS for the current year.

CF Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Friday, May 15th. CF Industries's payout ratio is currently 17.97%.

Wall Street Analyst Weigh In

CF has been the subject of a number of recent analyst reports. Mizuho upped their price objective on CF Industries from $100.00 to $105.00 and gave the company an "underperform" rating in a research note on Tuesday, March 31st. Berenberg Bank boosted their price target on shares of CF Industries from $86.00 to $106.00 and gave the stock a "hold" rating in a report on Thursday, May 28th. BMO Capital Markets increased their price target on shares of CF Industries from $115.00 to $140.00 and gave the company an "outperform" rating in a research report on Wednesday, March 18th. Royal Bank Of Canada raised their price objective on shares of CF Industries from $100.00 to $125.00 and gave the stock a "sector perform" rating in a report on Tuesday, April 7th. Finally, Scotiabank lifted their price objective on shares of CF Industries from $115.00 to $120.00 and gave the stock a "sector perform" rating in a research report on Monday, May 11th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, CF Industries currently has an average rating of "Hold" and a consensus price target of $119.62.

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.

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