Edmond DE Rothschild Holding S.A. Lowers Stock Holdings in CF Industries Holdings, Inc. $CF

Key Points

• Edmond DE Rothschild Holding S.A. has reduced its stake in CF Industries Holdings by 49.1%, bringing its total holdings to 13,832 shares valued at approximately $1.08 million.
• CF Industries recently reported earnings of $2.37 EPS, exceeding the consensus estimate by $0.02, with revenues of $1.89 billion for the quarter, reflecting a year-over-year growth of 20.2%.
• The company declared a quarterly dividend of $0.50 per share, resulting in an annualized dividend yield of 2.4% with a payout ratio of 26.11%.

Edmond DE Rothschild Holding S.A. cut its position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 49.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,832 shares of the basic materials company's stock after selling 13,327 shares during the period. Edmond DE Rothschild Holding S.A.'s holdings in CF Industries were worth $1,081,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nations Financial Group Inc. IA ADV grew its position in shares of CF Industries by 1.3% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 8,727 shares of the basic materials company's stock worth $682,000 after buying an additional 116 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its position in CF Industries by 2.0% in the first quarter. Oppenheimer Asset Management Inc. now owns 7,192 shares of the basic materials company's stock valued at $562,000 after buying an additional 142 shares during the last quarter. Principal Street Partners LLC boosted its position in CF Industries by 2.0% in the fourth quarter. Principal Street Partners LLC now owns 7,906 shares of the basic materials company's stock valued at $675,000 after buying an additional 154 shares during the last quarter. Alps Advisors Inc. boosted its position in CF Industries by 3.5% in the first quarter. Alps Advisors Inc. now owns 4,624 shares of the basic materials company's stock valued at $361,000 after buying an additional 158 shares during the last quarter. Finally, Assetmark Inc. raised its position in CF Industries by 12.6% during the first quarter. Assetmark Inc. now owns 1,425 shares of the basic materials company's stock valued at $111,000 after acquiring an additional 159 shares in the last quarter. 93.06% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CF has been the topic of a number of analyst reports. Zacks Research cut shares of CF Industries from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, September 3rd. UBS Group cut their price objective on CF Industries from $103.00 to $101.00 and set a "neutral" rating for the company in a research note on Thursday, August 7th. Wall Street Zen upgraded CF Industries from a "hold" rating to a "buy" rating in a report on Friday, September 5th. Scotiabank restated a "sector perform" rating and issued a $82.00 price objective (up previously from $81.00) on shares of CF Industries in a report on Monday, August 11th. Finally, Morgan Stanley set a $95.00 price objective on CF Industries and gave the company an "equal weight" rating in a report on Thursday, June 26th. Three research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $95.00.

Insider Buying and Selling at CF Industries

In other news, EVP Susan L. Menzel sold 10,000 shares of the stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $100.23, for a total value of $1,002,300.00. Following the completion of the sale, the executive vice president owned 87,923 shares of the company's stock, valued at $8,812,522.29. This represents a 10.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.71% of the stock is currently owned by company insiders.

CF Industries Trading Up 2.6%

Shares of CF traded up $2.18 during midday trading on Wednesday, reaching $86.84. The company had a trading volume of 1,766,279 shares, compared to its average volume of 2,727,629. CF Industries Holdings, Inc. has a 1-year low of $67.34 and a 1-year high of $104.45. The stock has a market cap of $14.07 billion, a PE ratio of 11.34 and a beta of 0.95. The firm has a 50 day simple moving average of $89.70 and a 200-day simple moving average of $85.21. 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 issued its earnings results on Wednesday, August 6th. The basic materials company reported $2.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.35 by $0.02. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The business had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.73 billion. During the same period last year, the company earned $2.30 EPS. The company's revenue for the quarter was up 20.2% on a year-over-year basis. Research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 15th were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.3%. CF Industries's dividend payout ratio is 26.11%.

CF Industries 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.