Edmond DE Rothschild Holding S.A. Sells 800 Shares of CF Industries Holdings, Inc. $CF

Edmond DE Rothschild Holding S.A. lessened its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 5.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,032 shares of the basic materials company’s stock after selling 800 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in CF Industries were worth $1,199,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in CF. Trust Co. of Toledo NA OH bought a new stake in shares of CF Industries in the second quarter valued at about $26,000. Zions Bancorporation National Association UT bought a new stake in shares of CF Industries in the first quarter valued at approximately $27,000. TCTC Holdings LLC increased its stake in CF Industries by 114.1% during the 1st 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 period. Summit Securities Group LLC acquired a new position in CF Industries in the 1st quarter valued at $50,000. Finally, Allworth Financial LP lifted its position in shares of CF Industries by 123.0% during the 2nd quarter. Allworth Financial LP now owns 611 shares of the basic materials company’s stock valued at $56,000 after acquiring an additional 337 shares during the period. Institutional investors own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

CF has been the topic of a number of recent analyst reports. Zacks Research cut CF Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Wells Fargo & Company initiated coverage on shares of CF Industries in a report on Tuesday, November 11th. They issued an “overweight” rating and a $100.00 target price on the stock. Bank of America upped their price target on shares of CF Industries from $82.00 to $83.00 and gave the stock an “underperform” rating in a report on Tuesday, October 14th. Royal Bank Of Canada decreased their price objective on shares of CF Industries from $100.00 to $95.00 and set a “sector perform” rating on the stock in a research note on Monday, November 10th. Finally, Wall Street Zen cut CF Industries from a “buy” rating to a “hold” rating in a research note on Sunday, November 16th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $94.33.

CF Industries Trading Up 1.0%

NYSE CF opened at $78.45 on Thursday. The company has a market cap of $12.24 billion, a price-to-earnings ratio of 10.24 and a beta of 0.89. CF Industries Holdings, Inc. has a twelve month low of $67.34 and a twelve month high of $104.45. 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 business’s fifty day moving average is $85.15 and its 200 day moving average is $88.61.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, November 5th. The basic materials company reported $2.19 EPS for the quarter, beating the consensus estimate of $2.06 by $0.13. CF Industries had a return on equity of 17.10% and a net margin of 20.19%.The firm had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same period last year, the company earned $1.55 earnings per share. The business’s quarterly revenue was up 21.1% on a year-over-year basis. As a group, sell-side analysts expect that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be given a dividend of $0.50 per share. The ex-dividend date is Friday, November 14th. This represents a $2.00 annualized dividend and a yield of 2.5%. CF Industries’s dividend payout ratio (DPR) 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.