Aberdeen Asset Management PLC UK raised its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 24.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,885 shares of the basic materials company’s stock after buying an additional 16,211 shares during the quarter. Aberdeen Asset Management PLC UK’s holdings in CF Industries Holdings were worth $2,317,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently made changes to their positions in CF. Ffcm LLC grew its holdings in shares of CF Industries Holdings by 218.4% in the second quarter. Ffcm LLC now owns 4,041 shares of the basic materials company’s stock valued at $118,000 after purchasing an additional 2,772 shares in the last quarter. Pacer Advisors Inc. grew its holdings in shares of CF Industries Holdings by 3.3% in the first quarter. Pacer Advisors Inc. now owns 4,293 shares of the basic materials company’s stock valued at $126,000 after purchasing an additional 137 shares in the last quarter. Financial Architects Inc grew its holdings in shares of CF Industries Holdings by 22.5% in the second quarter. Financial Architects Inc now owns 4,350 shares of the basic materials company’s stock valued at $122,000 after purchasing an additional 800 shares in the last quarter. Pacad Investment Ltd. purchased a new position in shares of CF Industries Holdings in the second quarter valued at $126,000. Finally, IndexIQ Advisors LLC purchased a new position in shares of CF Industries Holdings in the second quarter valued at $150,000.
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In other news, VP Bert A. Frost sold 6,400 shares of the stock in a transaction on Monday, August 7th. The stock was sold at an average price of $31.53, for a total transaction of $201,792.00. Following the completion of the transaction, the vice president now directly owns 59,732 shares in the company, valued at approximately $1,883,349.96. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.00% of the company’s stock.
CF has been the subject of a number of recent research reports. BidaskClub lowered shares of CF Industries Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Royal Bank Of Canada cut their target price on shares of CF Industries Holdings from $25.00 to $23.00 and set an “underperform” rating for the company in a report on Friday, July 14th. Barclays PLC reissued an “equal weight” rating and issued a $31.00 target price (down from $32.00) on shares of CF Industries Holdings in a report on Sunday, May 28th. BMO Capital Markets set a $35.00 target price on shares of CF Industries Holdings and gave the company a “buy” rating in a report on Tuesday, June 6th. Finally, Zacks Investment Research lowered shares of CF Industries Holdings from a “hold” rating to a “strong sell” rating in a report on Monday, May 22nd. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. CF Industries Holdings presently has an average rating of “Hold” and a consensus price target of $32.23.
Shares of CF Industries Holdings, Inc. (CF) opened at 35.10 on Tuesday. The stock’s 50 day moving average price is $30.51 and its 200 day moving average price is $28.88. CF Industries Holdings, Inc. has a 52-week low of $22.00 and a 52-week high of $37.17. The company’s market capitalization is $8.19 billion.
CF Industries Holdings (NYSE:CF) last released its quarterly earnings results on Wednesday, August 2nd. The basic materials company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.18. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.06 billion. CF Industries Holdings had a negative return on equity of 0.40% and a negative net margin of 9.98%. The company’s revenue was down .9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.33 EPS. On average, equities research analysts forecast that CF Industries Holdings, Inc. will post ($0.70) earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date was Friday, August 11th. CF Industries Holdings’s dividend payout ratio is presently -75.47%.
CF Industries Holdings Company Profile
CF Industries Holdings, Inc manufactures and distributes 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 the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).
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