UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Lowers Position in CF Industries Holdings, Inc. (NYSE:CF)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 7.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 2,911,041 shares of the basic materials company's stock after selling 222,427 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 1.67% of CF Industries worth $248,370,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CF. Mizuho Bank Ltd. purchased a new position in CF Industries in the fourth quarter valued at approximately $26,000. Heck Capital Advisors LLC purchased a new stake in shares of CF Industries during the fourth quarter worth $34,000. Creative Financial Designs Inc. ADV grew its position in shares of CF Industries by 50.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 478 shares of the basic materials company's stock valued at $41,000 after purchasing an additional 161 shares in the last quarter. Asset Planning Inc purchased a new stake in CF Industries during the 4th quarter worth about $44,000. Finally, Arlington Trust Co LLC lifted its holdings in CF Industries by 422.0% during the 4th quarter. Arlington Trust Co LLC now owns 569 shares of the basic materials company's stock worth $49,000 after purchasing an additional 460 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CF. UBS Group increased their price objective on CF Industries from $79.00 to $82.00 and gave the stock a "neutral" rating in a report on Thursday, May 8th. Morgan Stanley dropped their price objective on CF Industries from $85.00 to $80.00 and set an "equal weight" rating on the stock in a report on Friday, April 11th. BNP Paribas raised CF Industries to a "strong-buy" rating in a report on Wednesday, April 9th. Oppenheimer cut CF Industries from an "outperform" rating to a "market perform" rating in a report on Tuesday, April 22nd. Finally, Royal Bank of Canada dropped their price objective on CF Industries from $100.00 to $90.00 and set a "sector perform" rating on the stock in a report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $90.21.

CF Industries Trading Down 0.3%

CF traded down $0.28 on Wednesday, hitting $91.26. 369,936 shares of the company were exchanged, compared to its average volume of 2,132,502. The firm has a fifty day simple moving average of $79.07 and a two-hundred day simple moving average of $83.59. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08. CF Industries Holdings, Inc. has a 12 month low of $67.34 and a 12 month high of $98.25. The stock has a market capitalization of $15.47 billion, a PE ratio of 13.47, a price-to-earnings-growth ratio of 0.37 and a beta of 0.94.

CF Industries (NYSE:CF - Get Free Report) last released its quarterly earnings data 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 15.50% and a net margin of 20.52%. The business had revenue of $1.66 billion during the quarter, compared to analysts' expectations of $1.53 billion. During the same quarter last year, the business posted $1.03 EPS. The business's revenue was up 13.1% on a year-over-year basis. Sell-side analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 15th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.19%. The ex-dividend date is Thursday, May 15th. CF Industries's dividend payout ratio (DPR) is currently 26.35%.

CF Industries declared that its board has approved a share buyback plan on Wednesday, May 7th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the basic materials company to buy up to 14.7% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

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.