Glenmede Trust Co. NA Holds Position in CF Industries Holdings, Inc. (CF)
Glenmede Trust Co. NA held its stake in CF Industries Holdings, Inc. (NYSE:CF) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 19,657 shares of the basic materials company’s stock at the end of the first quarter. Glenmede Trust Co. NA’s holdings in CF Industries Holdings were worth $618,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in CF. CENTRAL TRUST Co raised its position in shares of CF Industries Holdings by 0.7% in the first quarter. CENTRAL TRUST Co now owns 3,667 shares of the basic materials company’s stock valued at $107,000 after buying an additional 24 shares during the last quarter. First Mercantile Trust Co. raised its position in shares of CF Industries Holdings by 22.4% in the first quarter. First Mercantile Trust Co. now owns 3,691 shares of the basic materials company’s stock valued at $108,000 after buying an additional 676 shares during the last quarter. Pacer Advisors Inc. raised its position in shares of CF Industries Holdings by 3.3% in the first quarter. Pacer Advisors Inc. now owns 4,293 shares of the basic materials company’s stock valued at $126,000 after buying an additional 137 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of CF Industries Holdings by 34.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 5,512 shares of the basic materials company’s stock valued at $162,000 after buying an additional 1,415 shares during the last quarter. Finally, Ameritas Investment Partners Inc. acquired a new position in shares of CF Industries Holdings during the first quarter valued at about $164,000.
CF Industries Holdings, Inc. (NYSE CF) traded up 6.93% on Thursday, reaching $30.71. The company had a trading volume of 9,932,048 shares. The company’s 50 day moving average is $28.62 and its 200-day moving average is $29.74. The firm’s market capitalization is $7.16 billion. CF Industries Holdings, Inc. has a one year low of $20.77 and a one year high of $37.17. CF Industries Holdings also saw some unusual options trading on Monday. Stock traders acquired 12,749 put options on the stock. This is an increase of approximately 508% compared to the typical daily volume of 2,096 put options.
CF Industries Holdings (NYSE:CF) last released its earnings results on Wednesday, August 2nd. The basic materials company reported $0.10 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.18. CF Industries Holdings had a positive return on equity of 0.41% and a negative net margin of 8.77%. The company had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the previous year, the business posted $0.33 EPS. The business’s revenue for the quarter was down .9% on a year-over-year basis. On average, equities research analysts expect that CF Industries Holdings, Inc. will post ($0.44) earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Tuesday, August 15th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, August 11th. This represents a $1.20 annualized dividend and a yield of 3.91%. CF Industries Holdings’s dividend payout ratio (DPR) is presently -85.71%.
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A number of equities research analysts recently weighed in on CF shares. ValuEngine upgraded CF Industries Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. Citigroup Inc. reduced their price objective on CF Industries Holdings from $36.00 to $31.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 11th. Barclays PLC restated an “equal weight” rating and set a $32.00 price objective (down previously from $34.00) on shares of CF Industries Holdings in a research report on Saturday, April 22nd. Credit Suisse Group reaffirmed a “buy” rating and set a $31.00 target price on shares of CF Industries Holdings in a report on Friday, April 21st. Finally, Zacks Investment Research downgraded CF Industries Holdings from a “hold” rating to a “strong sell” rating in a report on Monday, May 22nd. Four analysts have rated the stock with a sell rating, seven have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. CF Industries Holdings has a consensus rating of “Hold” and an average target price of $31.36.
CF Industries Holdings Company Profile
CF Industries Holdings, Inc manufactures and distributes 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 the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).
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