CF Industries Holdings, Inc. $CF Shares Sold by UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC

Key Points

• UBS Asset Management reduced its holdings in CF Industries by 51.0% during the first quarter, selling 1,484,074 shares; they currently own 1,426,967 shares valued at approximately $111.5 million.
• CF Industries announced a quarterly dividend of $0.50, reflecting an annualized payout of $2.00 with a dividend yield of 2.3%.
• The company reported earnings per share of $2.37 for the last quarter, surpassing analysts' estimates and marking a 20.2% year-over-year revenue increase.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lowered its stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 51.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,426,967 shares of the basic materials company's stock after selling 1,484,074 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.84% of CF Industries worth $111,517,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Curat Global LLC bought a new stake in shares of CF Industries in the 1st quarter worth about $25,000. Zions Bancorporation National Association UT bought a new stake in shares of CF Industries in the 1st quarter worth about $27,000. Golden State Wealth Management LLC increased its position 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 during the last quarter. TCTC Holdings LLC increased its position in shares of CF Industries by 114.1% in the 1st quarter. TCTC Holdings LLC now owns 379 shares of the basic materials company's stock worth $30,000 after purchasing an additional 202 shares during the last quarter. Finally, Heck Capital Advisors LLC bought a new stake in shares of CF Industries in the 4th quarter worth about $34,000. Institutional investors own 93.06% of the company's stock.

Insider Buying and Selling

In other CF Industries news, EVP Susan L. Menzel sold 10,000 shares of the company's stock in a transaction dated 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 transaction, the executive vice president owned 87,923 shares in the company, valued at approximately $8,812,522.29. This represents a 10.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.71% of the company's stock.

CF Industries Stock Performance

NYSE CF traded down $0.14 on Monday, hitting $85.49. The stock had a trading volume of 2,287,223 shares, compared to its average volume of 2,122,022. CF Industries Holdings, Inc. has a one year low of $67.34 and a one year high of $104.45. The company has a quick ratio of 2.84, a current ratio of 3.22 and a debt-to-equity ratio of 0.38. The stock has a market cap of $13.85 billion, a price-to-earnings ratio of 11.16 and a beta of 0.95. The company's 50-day moving average is $89.05 and its two-hundred day moving average is $85.46.

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

CF Industries Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. BNP Paribas downgraded shares of CF Industries from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 21st. Morgan Stanley set a $95.00 price objective on shares of CF Industries and gave the company an "equal weight" rating in a research report on Thursday, June 26th. Wall Street Zen raised shares of CF Industries from a "hold" rating to a "buy" rating in a research report on Friday, September 5th. Bank of America reaffirmed an "underperform" rating and set a $82.00 price objective (down previously from $93.00) on shares of CF Industries in a research report on Thursday, August 14th. Finally, Royal Bank Of Canada set a $100.00 price objective on shares of CF Industries and gave the company a "sector perform" rating in a research report on Monday, July 14th. 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 company's stock. According to data from MarketBeat, CF Industries has an average rating of "Hold" and an average price target of $95.00.

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.