Northwestern Mutual Investment Management Company LLC cut its stake in shares of CF Industries Holdings Inc. (NYSE:CF) by 0.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,892 shares of the company’s stock after selling 7 shares during the period. Northwestern Mutual Investment Management Company LLC’s holdings in CF Industries Holdings were worth $214,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pacer Advisors Inc. increased its stake in shares of CF Industries Holdings by 7.7% in the second quarter. Pacer Advisors Inc. now owns 4,204 shares of the company’s stock worth $101,000 after buying an additional 301 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in shares of CF Industries Holdings by 778.9% in the second quarter. Tower Research Capital LLC TRC now owns 6,293 shares of the company’s stock worth $151,000 after buying an additional 5,577 shares during the last quarter. Point72 Asia Hong Kong Ltd increased its stake in shares of CF Industries Holdings by 1,200.0% in the second quarter. Point72 Asia Hong Kong Ltd now owns 7,800 shares of the company’s stock worth $188,000 after buying an additional 7,200 shares during the last quarter. Candriam Luxembourg S.C.A. increased its stake in shares of CF Industries Holdings by 28.4% in the second quarter. Candriam Luxembourg S.C.A. now owns 9,175 shares of the company’s stock worth $221,000 after buying an additional 2,030 shares during the last quarter. Finally, Round Table Services LLC acquired a new stake in shares of CF Industries Holdings during the second quarter worth about $241,000. 99.09% of the stock is owned by hedge funds and other institutional investors.
CF Industries Holdings Inc. (NYSE:CF) opened at 24.20 on Friday. The firm has a market cap of $5.64 billion, a price-to-earnings ratio of 29.80 and a beta of 1.85. The firm’s 50-day moving average price is $24.08 and its 200 day moving average price is $27.65. CF Industries Holdings Inc. has a 52-week low of $20.77 and a 52-week high of $54.27.
CF Industries Holdings (NYSE:CF) last announced its quarterly earnings results on Wednesday, August 3rd. The company reported $0.33 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.68 by $0.35. The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.13 billion. CF Industries Holdings had a return on equity of 8.04% and a net margin of 4.55%. The business’s revenue was down 13.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.49 earnings per share. On average, equities research analysts forecast that CF Industries Holdings Inc. will post $1.06 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Wednesday, August 31st. Shareholders of record on Monday, August 15th were paid a dividend of $0.30 per share. The ex-dividend date was Thursday, August 11th. This represents a $1.20 annualized dividend and a yield of 4.96%. CF Industries Holdings’s dividend payout ratio is presently 148.15%.
A number of equities analysts recently commented on the company. Morgan Stanley restated a “buy” rating and set a $30.00 target price on shares of CF Industries Holdings in a report on Thursday, June 16th. BMO Capital Markets upgraded CF Industries Holdings from a “market perform” rating to an “outperform” rating and set a $28.00 target price for the company in a report on Friday, July 8th. Credit Suisse Group AG restated a “buy” rating on shares of CF Industries Holdings in a report on Friday, August 5th. Vetr cut CF Industries Holdings from a “strong-buy” rating to a “buy” rating and set a $29.00 target price for the company. in a report on Tuesday, July 12th. Finally, Royal Bank Of Canada lowered their target price on CF Industries Holdings from $30.00 to $26.00 and set a “sector perform” rating for the company in a report on Wednesday, July 13th. Three investment analysts have rated the stock with a sell rating, nine 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 a consensus price target of $32.53.
In related news, Director Robert C. Arzbaecher bought 21,600 shares of the stock in a transaction dated Tuesday, August 16th. The stock was acquired at an average price of $23.25 per share, for a total transaction of $502,200.00. Following the completion of the purchase, the director now owns 88,443 shares in the company, valued at $2,056,299.75. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.84% of the stock is owned by insiders.
About CF Industries Holdings
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).
Want to see what other hedge funds are holding CF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CF Industries Holdings Inc. (NYSE:CF).
Receive News & Ratings for CF Industries Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Industries Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.