CF Industries Holdings, Inc. $CF Stock Holdings Trimmed by Beverly Hills Private Wealth LLC

Beverly Hills Private Wealth LLC reduced its position in CF Industries Holdings, Inc. (NYSE:CF) by 7.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,633 shares of the basic materials company’s stock after selling 530 shares during the quarter. Beverly Hills Private Wealth LLC’s holdings in CF Industries were worth $610,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

A number of equities analysts have commented on the company. UBS Group decreased their target price on CF Industries from $101.00 to $96.00 and set a “neutral” rating for the company in a research note on Monday, October 6th. Wall Street Zen upgraded CF Industries from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. JPMorgan Chase & Co. upgraded CF Industries from an “underweight” rating to a “neutral” rating and boosted their price objective for the stock from $75.00 to $92.00 in a research report on Tuesday, July 29th. Wells Fargo & Company boosted their price objective on CF Industries from $101.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, BNP Paribas downgraded CF Industries from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 21st. Three equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $96.92.

CF Industries Price Performance

Shares of NYSE:CF opened at $83.93 on Tuesday. CF Industries Holdings, Inc. has a 12 month low of $67.34 and a 12 month high of $104.45. The stock has a market cap of $13.59 billion, a price-to-earnings ratio of 10.96 and a beta of 0.93. The stock’s 50 day moving average price is $86.66 and its 200 day moving average price is $87.31. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.22 and a quick ratio of 2.84.

CF Industries (NYSE:CF) last announced its earnings results on Wednesday, August 6th. The basic materials company reported $2.37 EPS for the quarter, topping the consensus estimate of $2.35 by $0.02. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The firm had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.73 billion. During the same quarter in the previous year, the company earned $2.30 earnings per share. The firm’s quarterly revenue was up 20.2% compared to the same quarter last year. Equities research analysts anticipate that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a $2.00 annualized dividend and a yield of 2.4%. CF Industries’s payout ratio is presently 26.11%.

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.