Herndon Capital Management LLC reduced its position in shares of CF Industries Holdings Inc. (NYSE:CF) by 34.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,123,368 shares of the company’s stock after selling 593,970 shares during the period. Herndon Capital Management LLC owned 0.48% of CF Industries Holdings worth $27,073,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Aperio Group LLC increased its position in CF Industries Holdings by 3.5% in the first quarter. Aperio Group LLC now owns 64,920 shares of the company’s stock valued at $2,035,000 after buying an additional 2,213 shares during the last quarter. Ngam Advisors L.P. increased its position in CF Industries Holdings by 9.0% in the first quarter. Ngam Advisors L.P. now owns 32,436 shares of the company’s stock valued at $1,017,000 after buying an additional 2,667 shares during the last quarter. Teachers Advisors Inc. increased its position in CF Industries Holdings by 0.6% in the first quarter. Teachers Advisors Inc. now owns 386,478 shares of the company’s stock valued at $12,112,000 after buying an additional 2,196 shares during the last quarter. BlackRock Institutional Trust Company N.A. increased its position in CF Industries Holdings by 0.4% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 5,986,130 shares of the company’s stock valued at $187,605,000 after buying an additional 23,015 shares during the last quarter. Finally, M&T Bank Corp increased its position in CF Industries Holdings by 41.7% in the first quarter. M&T Bank Corp now owns 30,517 shares of the company’s stock valued at $957,000 after buying an additional 8,974 shares during the last quarter. Hedge funds and other institutional investors own 99.11% of the company’s stock.

Institutional Ownership by Quarter for CF Industries Holdings (NYSE:CF)

Shares of CF Industries Holdings Inc. (NYSE:CF) traded up 3.81% during mid-day trading on Tuesday, reaching $23.46. 5,598,677 shares of the company’s stock traded hands. CF Industries Holdings Inc. has a 12-month low of $20.77 and a 12-month high of $54.27. The stock has a market cap of $5.47 billion, a price-to-earnings ratio of 28.89 and a beta of 1.62. The firm’s 50 day moving average price is $24.19 and its 200-day moving average price is $26.77.

CF Industries Holdings (NYSE:CF) last issued its quarterly earnings results on Wednesday, August 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.68 by $0.35. The business earned $1.13 billion during the quarter, compared to the consensus estimate of $1.13 billion. CF Industries Holdings had a return on equity of 8.04% and a net margin of 4.55%. The firm’s revenue was down 13.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.49 earnings per share. Equities research analysts forecast that CF Industries Holdings Inc. will post $1.06 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 30th. Investors of record on Tuesday, November 15th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 5.31%. The ex-dividend date of this dividend is Thursday, November 10th. CF Industries Holdings’s dividend payout ratio (DPR) is 148.15%.

CF has been the subject of a number of analyst reports. Vetr downgraded shares of CF Industries Holdings from a “strong-buy” rating to a “buy” rating and set a $29.50 target price for the company. in a research note on Monday, June 20th. Barclays PLC lowered their target price on shares of CF Industries Holdings from $36.00 to $31.00 and set an “overweight” rating for the company in a research note on Thursday, June 23rd. Citigroup Inc. lowered their target price on shares of CF Industries Holdings from $34.00 to $25.00 and set a “neutral” rating for the company in a research note on Thursday, July 7th. BMO Capital Markets raised shares of CF Industries Holdings from a “market perform” rating to an “outperform” rating and set a $28.00 target price for the company in a research note on Friday, July 8th. Finally, Royal Bank Of Canada lowered their target price on shares of CF Industries Holdings from $30.00 to $26.00 and set a “sector perform” rating for the company in a research note on Wednesday, July 13th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $31.25.

In other news, Director Robert C. Arzbaecher acquired 21,600 shares of the business’s stock in a transaction that occurred on Tuesday, August 16th. The shares were bought at an average cost of $23.25 per share, with a total value of $502,200.00. Following the transaction, the director now owns 88,443 shares of the company’s stock, valued at approximately $2,056,299.75. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.84% of the company’s stock.

CF Industries Holdings Company Profile

CF Industries Holdings, Inc is the manufacturer and distributor of nitrogen fertilizer and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to its industrial customers, and compound fertilizer products (NPKs).

5 Day Chart for NYSE:CF

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