Ritholtz Wealth Management lessened its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 32.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,453 shares of the basic materials company's stock after selling 3,524 shares during the quarter. Ritholtz Wealth Management's holdings in CF Industries were worth $686,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Trust Co. of Toledo NA OH bought a new position in shares of CF Industries during the second quarter valued at approximately $26,000. Zions Bancorporation National Association UT bought a new position in shares of CF Industries during the first quarter valued at approximately $27,000. Golden State Wealth Management LLC raised its holdings in shares of CF Industries by 119.8% during the first quarter. Golden State Wealth Management LLC now owns 378 shares of the basic materials company's stock valued at $30,000 after acquiring an additional 206 shares in the last quarter. TCTC Holdings LLC raised its holdings in shares of CF Industries by 114.1% during the first quarter. TCTC Holdings LLC now owns 379 shares of the basic materials company's stock valued at $30,000 after acquiring an additional 202 shares in the last quarter. Finally, Summit Securities Group LLC bought a new position in shares of CF Industries during the first quarter valued at approximately $50,000. Institutional investors own 93.06% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on CF shares. BNP Paribas downgraded CF Industries from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 21st. JPMorgan Chase & Co. upgraded CF Industries from an "underweight" rating to a "neutral" rating and increased their price objective for the stock from $75.00 to $92.00 in a report on Tuesday, July 29th. Royal Bank Of Canada set a $100.00 price objective on CF Industries and gave the stock a "sector perform" rating in a report on Monday, July 14th. Wall Street Zen upgraded CF Industries from a "hold" rating to a "buy" rating in a report on Friday, September 5th. Finally, Barclays upgraded CF Industries from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $95.00 to $100.00 in a report on Wednesday, August 13th. Three investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $96.92.
View Our Latest Stock Report on CF
CF Industries Trading Up 0.7%
NYSE CF opened at $83.59 on Friday. CF Industries Holdings, Inc. has a 12 month low of $67.34 and a 12 month high of $104.45. The stock has a market cap of $13.54 billion, a P/E ratio of 10.91 and a beta of 0.93. The stock's fifty day moving average price is $86.64 and its 200-day moving average price is $87.18. The company has a current ratio of 3.22, a quick ratio of 2.84 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, 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 firm had revenue of $1.89 billion for the quarter, compared to analysts' expectations of $1.73 billion. During the same period in the prior year, the firm posted $2.30 earnings per share. The company's quarterly revenue was up 20.2% on a year-over-year basis. As a group, equities analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.
CF Industries Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, November 14th. CF Industries's dividend payout ratio is currently 26.11%.
CF Industries Company Profile
(
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.
See Also
Want to see what other hedge funds are holding CF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CF Industries Holdings, Inc. (NYSE:CF - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider CF Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CF Industries wasn't on the list.
While CF Industries currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.