Susquehanna Fundamental Investments LLC Has $1.16 Million Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

Susquehanna Fundamental Investments LLC cut its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 92.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,660 shares of the basic materials company’s stock after selling 192,969 shares during the period. Susquehanna Fundamental Investments LLC’s holdings in CF Industries were worth $1,161,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Victory Capital Management Inc. increased its holdings in shares of CF Industries by 401.2% in the second quarter. Victory Capital Management Inc. now owns 3,639,079 shares of the basic materials company’s stock valued at $269,729,000 after purchasing an additional 2,912,942 shares in the last quarter. Boston Partners lifted its holdings in shares of CF Industries by 37.5% during the 1st quarter. Boston Partners now owns 3,063,854 shares of the basic materials company’s stock valued at $254,920,000 after purchasing an additional 835,557 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of CF Industries by 68.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,546,331 shares of the basic materials company’s stock valued at $122,933,000 after buying an additional 630,264 shares during the period. First Trust Advisors LP raised its stake in shares of CF Industries by 16.5% in the 4th quarter. First Trust Advisors LP now owns 2,928,039 shares of the basic materials company’s stock valued at $232,779,000 after purchasing an additional 414,785 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its position in CF Industries by 137.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 580,518 shares of the basic materials company’s stock valued at $48,305,000 after buying an additional 335,624 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

CF Industries Stock Performance

Shares of CF opened at $87.21 on Wednesday. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $88.16. The company has a 50-day simple moving average of $79.64 and a two-hundred day simple moving average of $77.98. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.70 and a quick ratio of 4.19. The firm has a market capitalization of $15.94 billion, a PE ratio of 14.49, a price-to-earnings-growth ratio of 2.38 and a beta of 0.95.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, August 7th. The basic materials company reported $2.30 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.50. The company had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.52 billion. CF Industries had a return on equity of 12.96% and a net margin of 17.87%. The firm’s revenue for the quarter was down 11.4% on a year-over-year basis. During the same period in the prior year, the firm earned $2.70 earnings per share. On average, analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Thursday, August 15th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date was Thursday, August 15th. CF Industries’s dividend payout ratio is 33.22%.

Analyst Ratings Changes

Several research analysts recently commented on the company. BMO Capital Markets increased their price target on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. Bank of America upped their price objective on CF Industries from $76.00 to $83.00 and gave the company a “neutral” rating in a report on Friday, August 9th. Royal Bank of Canada raised their price objective on CF Industries from $85.00 to $95.00 and gave the stock an “outperform” rating in a research note on Monday, August 12th. Barclays raised shares of CF Industries from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $80.00 to $90.00 in a report on Friday, August 16th. Finally, UBS Group lifted their target price on CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Monday, August 26th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $87.73.

CF Industries Profile

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.