Leonteq Securities AG Sells 22,474 Shares of CF Industries Holdings, Inc. $CF

Leonteq Securities AG trimmed its position in CF Industries Holdings, Inc. (NYSE:CF) by 94.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,288 shares of the basic materials company’s stock after selling 22,474 shares during the quarter. Leonteq Securities AG’s holdings in CF Industries were worth $167,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in CF. Stance Capital LLC bought a new stake in CF Industries in the 3rd quarter valued at about $42,000. MUFG Securities EMEA plc bought a new stake in shares of CF Industries in the second quarter valued at approximately $44,000. Hantz Financial Services Inc. grew its position in CF Industries by 46.3% during the fourth quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock worth $38,000 after buying an additional 156 shares in the last quarter. Eagle Bay Advisors LLC bought a new position in CF Industries during the 4th quarter worth $43,000. Finally, WPG Advisers LLC increased its stake in CF Industries by 69.8% during the 4th quarter. WPG Advisers LLC now owns 552 shares of the basic materials company’s stock worth $43,000 after acquiring an additional 227 shares during the period. Institutional investors own 93.06% of the company’s stock.

CF Industries Price Performance

Shares of CF traded up $2.28 during trading hours on Tuesday, reaching $115.48. The stock had a trading volume of 367,757 shares, compared to its average volume of 3,657,773. CF Industries Holdings, Inc. has a 12 month low of $75.42 and a 12 month high of $141.96. The stock has a market capitalization of $17.74 billion, a PE ratio of 10.40 and a beta of 0.40. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.15 and a current ratio of 3.54. The company’s 50-day moving average is $115.07 and its two-hundred day moving average is $106.98.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were given a $0.50 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.00 annualized dividend and a yield of 1.7%. CF Industries’s dividend payout ratio (DPR) is currently 17.97%.

Analysts Set New Price Targets

CF has been the subject of a number of recent analyst reports. BMO Capital Markets cut their target price on CF Industries from $140.00 to $135.00 and set an “outperform” rating for the company in a research report on Tuesday, June 30th. Morgan Stanley dropped their price target on CF Industries from $135.00 to $115.00 and set an “equal weight” rating for the company in a research note on Tuesday. Bank of America upped their price objective on shares of CF Industries from $103.00 to $106.00 in a research report on Thursday, May 14th. Freedom Capital raised shares of CF Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, May 18th. Finally, Royal Bank Of Canada upped their price target on shares of CF Industries from $100.00 to $125.00 and gave the stock a “sector perform” rating in a report on Tuesday, April 7th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $117.25.

CF Industries Company Profile

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.