Yousif Capital Management LLC Decreases Position in CF Industries Holdings, Inc. $CF

Yousif Capital Management LLC trimmed its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 7.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 22,380 shares of the basic materials company’s stock after selling 1,724 shares during the quarter. Yousif Capital Management LLC’s holdings in CF Industries were worth $2,059,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Trust Co. of Toledo NA OH acquired a new position in shares of CF Industries in the second quarter worth $26,000. Zions Bancorporation National Association UT acquired a new position in shares of CF Industries in the first quarter worth $27,000. Golden State Wealth Management LLC raised its holdings in shares of CF Industries by 119.8% in the first quarter. Golden State Wealth Management LLC now owns 378 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 206 shares during the last quarter. TCTC Holdings LLC raised its holdings in shares of CF Industries by 114.1% in the first quarter. TCTC Holdings LLC now owns 379 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 202 shares during the last quarter. Finally, Summit Securities Group LLC acquired a new position in shares of CF Industries in the first quarter worth $50,000. 93.06% of the stock is currently owned by hedge funds and other institutional investors.

CF Industries Price Performance

CF stock opened at $83.59 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.84 and a current ratio of 3.22. CF Industries Holdings, Inc. has a 1 year low of $67.34 and a 1 year high of $104.45. The firm has a market cap of $13.54 billion, a P/E ratio of 10.91 and a beta of 0.93. The stock has a 50-day simple moving average of $86.64 and a 200-day simple moving average of $87.18.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, August 6th. The basic materials company reported $2.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.35 by $0.02. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The business had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.73 billion. During the same quarter last year, the firm earned $2.30 earnings per share. The company’s revenue for the quarter was up 20.2% compared to the same quarter last year. On average, equities analysts predict that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be paid a $0.50 dividend. The ex-dividend date is Friday, November 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.4%. CF Industries’s dividend payout ratio (DPR) is 26.11%.

Analyst Ratings Changes

A number of research firms have recently weighed in on CF. Morgan Stanley set a $95.00 price target on CF Industries and gave the stock an “equal weight” rating in a report on Thursday, June 26th. Scotiabank reissued a “sector perform” rating and issued a $82.00 price target (up from $81.00) on shares of CF Industries in a report on Monday, August 11th. Barclays upgraded CF Industries from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $95.00 to $100.00 in a research note on Wednesday, August 13th. Royal Bank Of Canada set a $100.00 target price on CF Industries and gave the company a “sector perform” rating in a research note on Monday, July 14th. Finally, HSBC dropped their target price on CF Industries from $104.00 to $95.00 and set a “hold” rating for the company in a research note on Monday, September 15th. Three investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, CF Industries presently has a consensus rating of “Hold” and a consensus target price of $96.92.

CF Industries Company 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.