Blair William & Co. IL Lowers Position in CF Industries Holdings, Inc. $CF

Key Points

• Blair William & Co. IL decreased its holdings in CF Industries Holdings, Inc. by 13.2%, owning 26,420 shares worth approximately $2.43 million after selling 4,016 shares in the second quarter.
• CF Industries recently reported $2.37 EPS for the last quarter, surpassing analysts' estimates, with revenue rising by 20.2% year-over-year to $1.89 billion.
• The company's quarterly dividend of $0.50 per share is scheduled for payment on November 28th, representing an annualized yield of 2.3%.

Blair William & Co. IL cut its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 13.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,420 shares of the basic materials company's stock after selling 4,016 shares during the quarter. Blair William & Co. IL's holdings in CF Industries were worth $2,431,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of CF. US Bancorp DE lifted its stake in CF Industries by 5.6% during the 2nd quarter. US Bancorp DE now owns 11,198 shares of the basic materials company's stock worth $1,030,000 after acquiring an additional 589 shares in the last quarter. Venturi Wealth Management LLC acquired a new position in CF Industries during the 2nd quarter worth about $276,000. Friedenthal Financial acquired a new position in CF Industries during the 2nd quarter worth about $868,000. Shell Asset Management Co. lifted its stake in CF Industries by 38.4% during the 2nd quarter. Shell Asset Management Co. now owns 22,735 shares of the basic materials company's stock worth $2,092,000 after acquiring an additional 6,303 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC acquired a new position in CF Industries during the 2nd quarter worth about $213,000. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CF has been the topic of a number of analyst reports. Royal Bank Of Canada set a $100.00 price target on CF Industries and gave the company a "sector perform" rating in a research report on Monday, July 14th. Mizuho increased their price target on CF Industries from $97.00 to $100.00 and gave the company a "neutral" rating in a research report on Thursday, October 9th. Wells Fargo & Company reduced their price target on CF Industries from $108.00 to $101.00 and set an "overweight" rating on the stock in a research report on Monday, August 11th. JPMorgan Chase & Co. raised CF Industries from an "underweight" rating to a "neutral" rating and upped their price target for the company from $75.00 to $92.00 in a report on Tuesday, July 29th. Finally, HSBC reduced their price objective on shares of CF Industries from $104.00 to $95.00 and set a "hold" rating for the company in a research report on Monday, September 15th. Three research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, CF Industries has a consensus rating of "Hold" and an average target price of $95.21.

CF Industries Stock Performance

NYSE CF opened at $86.75 on Wednesday. CF Industries Holdings, Inc. has a fifty-two week low of $67.34 and a fifty-two week high of $104.45. The stock has a market cap of $14.05 billion, a price-to-earnings ratio of 11.32 and a beta of 0.93. The business has a fifty day moving average of $86.68 and a 200-day moving average of $87.08. The company has a quick ratio of 2.84, a current ratio of 3.22 and a debt-to-equity ratio of 0.38.

CF Industries (NYSE:CF - Get Free Report) last released its earnings results on Wednesday, August 6th. The basic materials company reported $2.37 EPS for the quarter, beating the consensus estimate of $2.35 by $0.02. The firm had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.73 billion. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The business's quarterly revenue was up 20.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.30 earnings per share. As a group, analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, November 14th. This represents a $2.00 annualized dividend and a yield of 2.3%. CF Industries's dividend payout ratio is currently 26.11%.

CF Industries Company Profile

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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