Railway Pension Investments Ltd Lowers Stock Holdings in CF Industries Holdings, Inc. $CF

Railway Pension Investments Ltd decreased its stake in CF Industries Holdings, Inc. (NYSE:CF) by 7.2% during the 2nd quarter, Holdings Channel reports. The firm owned 148,600 shares of the basic materials company’s stock after selling 11,500 shares during the quarter. Railway Pension Investments Ltd’s holdings in CF Industries were worth $16,087,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of CF Industries during the fourth quarter worth $11,556,000. Teamwork Financial Advisors LLC acquired a new position in CF Industries in the second quarter valued at approximately $10,108,000. Twin Capital Management Inc. purchased a new position in shares of CF Industries in the 4th quarter valued at $714,000. S&CO Inc. purchased a new position in shares of CF Industries during the second quarter worth about $2,630,000. Finally, Burford Brothers Inc. purchased a new position in shares of CF Industries during the fourth quarter worth approximately $960,000. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Bank of America lifted their target price on CF Industries from $103.00 to $106.00 in a research note on Thursday, May 14th. Morgan Stanley reduced their price target on shares of CF Industries from $135.00 to $115.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 7th. JPMorgan Chase & Co. boosted their price objective on shares of CF Industries from $94.00 to $115.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 3rd. UBS Group raised their price target on CF Industries from $115.00 to $123.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Finally, Freedom Capital raised shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $116.56.

CF Industries Trading Up 3.4%

Shares of CF opened at $130.03 on Tuesday. CF Industries Holdings, Inc. has a one year low of $75.42 and a one year high of $141.96. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.32 and a current ratio of 4.86. The company has a market capitalization of $19.68 billion, a P/E ratio of 9.64, a P/E/G ratio of 0.25 and a beta of 0.39. The stock has a 50-day moving average price of $118.71 and a 200 day moving average price of $117.27.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share for the quarter, missing the consensus estimate of $5.63 by ($0.90). CF Industries had a net margin of 27.12% and a return on equity of 24.41%. The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.45 billion. During the same period in the prior year, the firm earned $2.37 earnings per share. The firm’s quarterly revenue was up 17.6% compared to the same quarter last year. Sell-side analysts forecast that CF Industries Holdings, Inc. will post 13.7 EPS for the current fiscal year.

CF Industries Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 14th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.8%. This is a positive change from CF Industries’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Friday, August 14th. CF Industries’s dividend payout ratio is 17.79%.

About CF Industries

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.