Donoghue Forlines LLC Sells 3,252 Shares of CF Industries Holdings, Inc. $CF

Donoghue Forlines LLC decreased its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 17.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,470 shares of the basic materials company’s stock after selling 3,252 shares during the quarter. Donoghue Forlines LLC’s holdings in CF Industries were worth $1,423,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of CF. Envestnet Asset Management Inc. increased its holdings in shares of CF Industries by 3.2% during the first quarter. Envestnet Asset Management Inc. now owns 261,251 shares of the basic materials company’s stock valued at $20,417,000 after acquiring an additional 8,078 shares in the last quarter. Cerity Partners LLC grew its position in CF Industries by 31.2% during the 1st quarter. Cerity Partners LLC now owns 17,208 shares of the basic materials company’s stock valued at $1,345,000 after purchasing an additional 4,089 shares during the last quarter. CWM LLC grew its position in CF Industries by 14.2% during the 1st quarter. CWM LLC now owns 45,240 shares of the basic materials company’s stock valued at $3,536,000 after purchasing an additional 5,636 shares during the last quarter. SBI Securities Co. Ltd. increased its stake in CF Industries by 81.1% during the 1st quarter. SBI Securities Co. Ltd. now owns 1,083 shares of the basic materials company’s stock valued at $85,000 after purchasing an additional 485 shares in the last quarter. Finally, Verdence Capital Advisors LLC raised its holdings in CF Industries by 5.4% in the first quarter. Verdence Capital Advisors LLC now owns 6,115 shares of the basic materials company’s stock worth $478,000 after buying an additional 314 shares during the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Trading Down 0.4%

Shares of NYSE:CF opened at $84.41 on Friday. The stock’s 50-day simple moving average is $86.17 and its two-hundred day simple moving average is $88.61. The stock has a market capitalization of $13.17 billion, a price-to-earnings ratio of 11.02 and a beta of 0.89. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $104.45. 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 (NYSE:CF) last issued its quarterly earnings data on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share for the quarter, topping the consensus estimate of $2.06 by $0.13. The firm had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.59 billion. CF Industries had a net margin of 20.19% and a return on equity of 17.10%. The business’s quarterly revenue was up 21.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.55 EPS. Analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, November 14th. CF Industries’s dividend payout ratio (DPR) is currently 24.10%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Royal Bank Of Canada cut their price target on shares of CF Industries from $100.00 to $95.00 and set a “sector perform” rating on the stock in a report on Monday. HSBC cut their target price on CF Industries from $104.00 to $95.00 and set a “hold” rating on the stock in a research note on Monday, September 15th. Bank of America boosted their price target on CF Industries from $82.00 to $83.00 and gave the stock an “underperform” rating in a research note on Tuesday, October 14th. Zacks Research cut CF Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Finally, Wolfe Research upgraded CF Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $96.38.

About CF Industries

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.