Lbp Am Sa Sells 1,310 Shares of CF Industries Holdings, Inc. $CF

Lbp Am Sa cut its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 10.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,631 shares of the basic materials company’s stock after selling 1,310 shares during the quarter. Lbp Am Sa’s holdings in CF Industries were worth $1,070,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Nations Financial Group Inc. IA ADV lifted its position in CF Industries by 1.3% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 8,727 shares of the basic materials company’s stock valued at $682,000 after acquiring an additional 116 shares in the last quarter. Rowlandmiller & PARTNERS.ADV lifted its position in CF Industries by 4.1% in the 2nd quarter. Rowlandmiller & PARTNERS.ADV now owns 3,325 shares of the basic materials company’s stock valued at $306,000 after acquiring an additional 130 shares in the last quarter. Farther Finance Advisors LLC lifted its position in CF Industries by 7.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,838 shares of the basic materials company’s stock valued at $169,000 after acquiring an additional 131 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its position in CF Industries by 2.0% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 7,192 shares of the basic materials company’s stock valued at $562,000 after acquiring an additional 142 shares in the last quarter. Finally, Alps Advisors Inc. lifted its position in CF Industries by 3.5% in the 1st quarter. Alps Advisors Inc. now owns 4,624 shares of the basic materials company’s stock valued at $361,000 after acquiring an additional 158 shares in the last quarter. 93.06% of the stock is owned by institutional investors.

CF Industries Trading Up 3.9%

NYSE:CF opened at $89.76 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.22 and a quick ratio of 2.84. The firm has a market capitalization of $14.54 billion, a price-to-earnings ratio of 11.72 and a beta of 0.93. CF Industries Holdings, Inc. has a one year low of $67.34 and a one year high of $104.45. The business has a fifty day moving average price of $87.26 and a 200-day moving average price of $86.31.

CF Industries (NYSE:CF) last posted its quarterly earnings data 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. The firm had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.73 billion. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.CF Industries’s revenue was up 20.2% on a year-over-year basis. During the same period in the prior year, the business posted $2.30 EPS. Sell-side analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The business also recently disclosed 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 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Friday, November 14th. CF Industries’s dividend payout ratio is 26.11%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on CF shares. HSBC lowered their price objective on CF Industries from $104.00 to $95.00 and set a “hold” rating on the stock in a research report on Monday, September 15th. Barclays raised CF Industries from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $95.00 to $100.00 in a report on Wednesday, August 13th. JPMorgan Chase & Co. raised CF Industries from an “underweight” rating to a “neutral” rating and increased their price target for the company from $75.00 to $92.00 in a report on Tuesday, July 29th. Zacks Research cut CF Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 3rd. Finally, Wells Fargo & Company lowered their price target on CF Industries from $108.00 to $101.00 and set an “overweight” rating on the stock in a report on Monday, August 11th. Three research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, CF Industries has an average rating of “Hold” and a consensus price target of $95.00.

About CF Industries

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.