Boston Family Office LLC reduced its stake in CF Industries Holdings Inc. (NYSE:CF) by 49.1% during the third quarter, Holdings Channel reports. The institutional investor owned 13,275 shares of the company’s stock after selling 12,825 shares during the period. Boston Family Office LLC’s holdings in CF Industries Holdings were worth $323,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CF. Fox Run Management L.L.C. acquired a new position in shares of CF Industries Holdings during the second quarter valued at about $301,000. Eqis Capital Management Inc. raised its position in shares of CF Industries Holdings by 23.9% in the second quarter. Eqis Capital Management Inc. now owns 10,729 shares of the company’s stock valued at $259,000 after buying an additional 2,071 shares during the period. Denali Advisors LLC acquired a new position in shares of CF Industries Holdings during the second quarter valued at about $255,000. Patton Albertson Miller Group LLC raised its position in shares of CF Industries Holdings by 1.9% in the second quarter. Patton Albertson Miller Group LLC now owns 29,718 shares of the company’s stock valued at $716,000 after buying an additional 565 shares during the period. Finally, Svenska Handelsbanken AB publ raised its position in shares of CF Industries Holdings by 0.7% in the second quarter. Svenska Handelsbanken AB publ now owns 49,842 shares of the company’s stock valued at $1,201,000 after buying an additional 347 shares during the period. Institutional investors own 97.14% of the company’s stock.
CF Industries Holdings Inc. (NYSE:CF) traded up 0.60% during trading on Friday, hitting $28.55. The company had a trading volume of 1,755,698 shares. The firm’s 50 day moving average is $25.28 and its 200-day moving average is $25.65. The stock has a market capitalization of $6.66 billion, a price-to-earnings ratio of 95.17 and a beta of 1.32. CF Industries Holdings Inc. has a 52-week low of $20.77 and a 52-week high of $46.75.
CF Industries Holdings (NYSE:CF) last posted its quarterly earnings data on Wednesday, November 2nd. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.11. The company had revenue of $680 million for the quarter, compared to analyst estimates of $805.58 million. CF Industries Holdings had a net margin of 1.77% and a return on equity of 5.94%. CF Industries Holdings’s quarterly revenue was down 26.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.39 earnings per share. On average, equities analysts forecast that CF Industries Holdings Inc. will post $0.78 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Tuesday, November 15th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, November 10th. This represents a $1.20 dividend on an annualized basis and a yield of 4.20%. CF Industries Holdings’s dividend payout ratio is presently 413.79%.
Several research analysts have issued reports on CF shares. Vetr lowered CF Industries Holdings from a “hold” rating to a “sell” rating and set a $24.08 target price for the company. in a research report on Monday, September 12th. Morgan Stanley set a $24.00 target price on CF Industries Holdings and gave the company a “hold” rating in a research report on Friday, August 5th. Finally, Credit Suisse Group AG restated a “buy” rating on shares of CF Industries Holdings in a research report on Friday, August 5th. Six research analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $28.09.
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).