Kathmere Capital Management LLC Sells 2,905 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Kathmere Capital Management LLC lessened its position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 52.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,617 shares of the basic materials company's stock after selling 2,905 shares during the period. Kathmere Capital Management LLC's holdings in CF Industries were worth $205,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Curat Global LLC bought a new stake in CF Industries in the first quarter worth about $25,000. Mizuho Bank Ltd. acquired a new position in shares of CF Industries in the 4th quarter worth approximately $26,000. Golden State Wealth Management LLC raised its holdings in shares of CF Industries by 119.8% in the 1st quarter. Golden State Wealth Management LLC now owns 378 shares of the basic materials company's stock worth $30,000 after purchasing an additional 206 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in CF Industries during the fourth quarter valued at approximately $34,000. Finally, Creative Financial Designs Inc. ADV boosted its holdings in CF Industries by 50.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock worth $41,000 after buying an additional 161 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company's stock.

Insiders Place Their Bets

In other CF Industries news, EVP Susan L. Menzel sold 10,000 shares of the company's stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $100.23, for a total transaction 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.71% of the stock is currently owned by company insiders.

CF Industries Stock Down 1.5%

CF traded down $1.48 on Tuesday, reaching $95.93. 1,702,054 shares of the company traded hands, compared to its average volume of 2,246,663. The company has a market cap of $16.26 billion, a price-to-earnings ratio of 12.64 and a beta of 0.96. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.59 and a quick ratio of 2.22. The stock's 50 day moving average price is $91.78 and its 200-day moving average price is $85.18. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $104.45.

CF Industries (NYSE:CF - Get Free Report) last issued its earnings results on Wednesday, May 7th. The basic materials company reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.38. CF Industries had a return on equity of 17.39% and a net margin of 21.80%. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same period in the prior year, the firm posted $1.03 EPS. The business's revenue was up 13.1% compared to the same quarter last year. On average, sell-side analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries declared that its Board of Directors has approved a share repurchase program on Wednesday, May 7th that allows the company to buyback $2.00 billion in shares. This buyback authorization allows the basic materials company to repurchase up to 14.7% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.08%. The ex-dividend date is Friday, August 15th. CF Industries's payout ratio is 26.35%.

Analyst Ratings Changes

CF has been the topic of several research reports. UBS Group upped their price target on CF Industries from $79.00 to $82.00 and gave the company a "neutral" rating in a report on Thursday, May 8th. Scotiabank raised CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 target price on the stock in a research report on Wednesday, April 9th. Oppenheimer lowered CF Industries from an "outperform" rating to a "market perform" rating in a research report on Tuesday, April 22nd. BNP Paribas raised CF Industries to a "strong-buy" rating in a research note on Wednesday, April 9th. Finally, Wolfe Research lowered shares of CF Industries from an "outperform" rating to a "peer perform" rating in a research note on Thursday, June 12th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $92.79.

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.