Vontobel Holding Ltd. Trims Stock Position in CF Industries Holdings, Inc. $CF

Vontobel Holding Ltd. reduced its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 9.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 42,501 shares of the basic materials company’s stock after selling 4,317 shares during the quarter. Vontobel Holding Ltd.’s holdings in CF Industries were worth $3,910,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. QRG Capital Management Inc. grew its position in shares of CF Industries by 21.8% in the 1st quarter. QRG Capital Management Inc. now owns 14,356 shares of the basic materials company’s stock worth $1,122,000 after buying an additional 2,572 shares during the period. Golden State Wealth Management LLC grew its position in shares of CF Industries by 119.8% in the 1st quarter. Golden State Wealth Management LLC now owns 378 shares of the basic materials company’s stock worth $30,000 after buying an additional 206 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of CF Industries by 1,497.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 109,240 shares of the basic materials company’s stock worth $8,537,000 after buying an additional 102,401 shares during the period. Talaria Asset Management Pty Ltd grew 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 buying an additional 254,000 shares during the period. Finally, Private Trust Co. NA grew its position in shares of CF Industries by 62.2% in the 1st quarter. Private Trust Co. NA now owns 720 shares of the basic materials company’s stock worth $56,000 after buying an additional 276 shares during the period. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Price Performance

CF opened at $87.33 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.84 and a current ratio of 3.22. The stock has a market capitalization of $14.14 billion, a P/E ratio of 11.40 and a beta of 0.93. The company’s 50-day simple moving average is $86.91 and its two-hundred day simple moving average is $86.87. CF Industries Holdings, Inc. has a 52-week low of $67.34 and a 52-week high of $104.45.

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

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be paid 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 2.3%. CF Industries’s dividend payout ratio is currently 26.11%.

Analyst Ratings Changes

CF has been the topic of a number of recent research reports. Morgan Stanley set a $95.00 target price on shares of CF Industries and gave the stock an “equal weight” rating in a research report on Thursday, June 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of CF Industries in a research note on Saturday, September 27th. BNP Paribas cut shares of CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Barclays upgraded shares of CF Industries from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $95.00 to $100.00 in a research note on Wednesday, August 13th. Finally, Zacks Research cut shares of CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. Three research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $95.14.

CF Industries Company 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.