Jefferies Financial Group Inc. Has $220,000 Stake in CF Industries Holdings, Inc. $CF

Jefferies Financial Group Inc. reduced its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 30.5% in the 2nd quarter, Holdings Channel reports. The firm owned 2,389 shares of the basic materials company’s stock after selling 1,046 shares during the quarter. Jefferies Financial Group Inc.’s holdings in CF Industries were worth $220,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Ensign Peak Advisors Inc increased its position in CF Industries by 24.4% during the 2nd quarter. Ensign Peak Advisors Inc now owns 95,289 shares of the basic materials company’s stock valued at $8,767,000 after purchasing an additional 18,666 shares during the period. Talaria Asset Management Pty Ltd lifted its position in shares of CF Industries by 77.0% in the 1st quarter. Talaria Asset Management Pty Ltd now owns 584,000 shares of the basic materials company’s stock worth $45,640,000 after purchasing an additional 254,000 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of CF Industries by 5.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 276,542 shares of the basic materials company’s stock valued at $25,442,000 after purchasing an additional 15,291 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of CF Industries by 4.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 6,055,283 shares of the basic materials company’s stock worth $473,220,000 after buying an additional 262,944 shares during the period. Finally, Kestra Advisory Services LLC bought a new position in CF Industries during the first quarter worth $849,000. 93.06% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have commented on CF. BNP Paribas cut shares of CF Industries from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 21st. Bank of America boosted their price objective on CF Industries from $82.00 to $83.00 and gave the company an “underperform” rating in a research note on Tuesday, October 14th. Barclays raised CF Industries from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $95.00 to $100.00 in a research note on Wednesday, August 13th. Scotiabank increased their price target on CF Industries from $82.00 to $90.00 and gave the stock a “sector perform” rating in a report on Monday, November 10th. Finally, Wells Fargo & Company initiated coverage on shares of CF Industries in a research report on Tuesday, November 11th. They set an “overweight” rating and a $100.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, CF Industries currently has an average rating of “Hold” and a consensus target price of $94.33.

CF Industries Price Performance

Shares of NYSE:CF opened at $79.39 on Friday. CF Industries Holdings, Inc. has a twelve month low of $67.34 and a twelve month high of $104.45. The stock’s 50 day moving average is $84.92 and its 200-day moving average is $88.50. The company has a quick ratio of 2.84, a current ratio of 3.22 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $12.38 billion, a price-to-earnings ratio of 10.36 and a beta of 0.89.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, November 5th. The basic materials company reported $2.19 EPS for the quarter, beating analysts’ consensus estimates of $2.06 by $0.13. CF Industries had a net margin of 20.19% and a return on equity of 17.10%. The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same quarter in the previous year, the business posted $1.55 EPS. CF Industries’s quarterly revenue was up 21.1% on a year-over-year basis. Sell-side analysts forecast 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, November 28th. Investors of record on Friday, November 14th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Friday, November 14th. CF Industries’s dividend payout ratio is currently 24.10%.

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.