CF Industries Holdings, Inc. $CF Stock: Generali Asset Management SPA SGR Decreases Holdings

Generali Asset Management SPA SGR cut its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 78.8% in the 3rd quarter, Holdings Channel reports. The firm owned 3,601 shares of the basic materials company’s stock after selling 13,404 shares during the quarter. Generali Asset Management SPA SGR’s holdings in CF Industries were worth $415,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Himension Capital Singapore PTE. LTD. bought a new stake in shares of CF Industries in the 1st quarter worth approximately $25,000. Virtus Advisers LLC acquired a new position in CF Industries during the 2nd quarter valued at approximately $25,000. Continuum Advisory LLC acquired a new position in CF Industries during the 2nd quarter valued at approximately $28,000. Keating Financial Advisory Services Inc. bought a new position in CF Industries during the 2nd quarter worth $29,000. Finally, Retirement Wealth Solutions LLC bought a new position in CF Industries during the 3rd quarter worth $35,000. 93.06% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on CF shares. Wall Street Zen lowered CF Industries from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Canadian Imperial Bank of Commerce boosted their price target on shares of CF Industries from $125.00 to $133.00 and gave the company a “neutral” rating in a report on Friday, October 23rd. Sanford C. Bernstein started coverage on shares of CF Industries in a research report on Friday, September 25th. They set an “outperform” rating and a $162.00 price target for the company. Freedom Broker cut shares of CF Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 26th. Finally, set a $115.00 price objective on shares of CF Industries and gave the company a “sector perform” rating in a research report on Monday, October 5th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, CF Industries has a consensus rating of “Hold” and an average target price of $121.94.

CF Industries Stock Up 4.4%

CF opened at $123.27 on Friday. CF Industries Holdings, Inc. has a 12 month low of $75.42 and a 12 month high of $141.96. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.86 and a quick ratio of 4.32. The stock has a market cap of $18.66 billion, a P/E ratio of 9.14, a P/E/G ratio of 0.23 and a beta of 0.53. The stock’s 50 day moving average price is $123.47 and its 200 day moving average price is $115.96.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $4.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.63 by ($0.90). CF Industries had a return on equity of 24.41% and a net margin of 27.12%. The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.45 billion. During the same quarter last year, the firm posted $2.37 EPS. The company’s revenue was up 17.6% compared to the same quarter last year. As a group, research analysts predict that CF Industries Holdings, Inc. will post 13.68 earnings per share for the current year.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 16th will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, November 16th. CF Industries’s dividend payout ratio (DPR) is 17.79%.

About CF Industries

CF Industries Holdings, Inc is a global manufacturer of hydrogen and nitrogen products. The company produces ammonia, granular urea, urea ammonium nitrate, ammonium nitrate and nitric acid, which are used primarily in agricultural fertilizers and a range of industrial applications. CF Industries also supplies products such as diesel exhaust fluid and other nitrogen-based solutions.

The company serves agricultural and industrial customers in North America and internationally. Its manufacturing and distribution operations include facilities in the United States, Canada and the United Kingdom, supported by an extensive logistics and distribution network.