National Pension Service Sells 10,029 Shares of CF Industries Holdings, Inc. $CF

National Pension Service lessened its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 14.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 60,741 shares of the basic materials company’s stock after selling 10,029 shares during the quarter. National Pension Service’s holdings in CF Industries were worth $6,576,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of CF. Himension Capital Singapore PTE. LTD. purchased a new position in CF Industries in the first quarter worth about $25,000. Virtus Advisers LLC purchased a new stake in shares of CF Industries during the 2nd quarter valued at about $25,000. Continuum Advisory LLC purchased a new stake in shares of CF Industries during the 2nd quarter valued at about $28,000. Keating Financial Advisory Services Inc. bought a new position in shares of CF Industries in the 2nd quarter worth approximately $29,000. Finally, Hantz Financial Services Inc. lifted its stake in shares of CF Industries by 46.3% in the 4th quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 156 shares during the period. Institutional investors own 93.06% of the company’s stock.

CF Industries Price Performance

NYSE CF opened at $133.06 on Friday. The company has a current ratio of 4.86, a quick ratio of 4.32 and a debt-to-equity ratio of 0.36. 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 cap of $20.14 billion, a price-to-earnings ratio of 9.86, a PEG ratio of 0.26 and a beta of 0.40. The company’s 50 day moving average is $123.95 and its two-hundred day moving average is $119.62.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share for the quarter, missing analysts’ consensus estimates of $5.63 by ($0.90). The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.45 billion. CF Industries had a return on equity of 24.41% and a net margin of 27.12%.The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.37 earnings per share. As a group, research analysts anticipate that CF Industries Holdings, Inc. will post 13.7 earnings per share for the current year.

CF Industries Increases Dividend

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

Analyst Upgrades and Downgrades

Several analysts recently issued reports on CF shares. The Goldman Sachs Group cut their target price on shares of CF Industries from $133.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, June 23rd. Weiss Ratings cut shares of CF Industries from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. Canadian Imperial Bank of Commerce reissued a “neutral” rating and set a $129.00 price objective on shares of CF Industries in a research report on Friday, July 24th. Royal Bank Of Canada reduced their price objective on CF Industries from $125.00 to $115.00 and set a “sector perform” rating for the company in a research note on Friday, July 17th. Finally, BMO Capital Markets decreased their target price on CF Industries from $140.00 to $135.00 and set an “outperform” rating on the stock in a report on Tuesday, June 30th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $116.47.

CF Industries Profile

CF Industries Holdings, Inc is a global producer of nitrogen fertilizer and other nitrogen-based products. The company manufactures ammonia, granular urea, urea ammonium nitrate (UAN), ammonium nitrate and nitric acid, which are used primarily in agriculture to support crop production. Its industrial products also serve customers in areas such as emissions control, plastics, resins, chemicals and other manufacturing applications.

CF Industries operates production facilities in the United States, Canada and the United Kingdom and supplies agricultural and industrial customers in North America and international markets.