Raiffeisen Bank International AG Sells 43,645 Shares of CF Industries Holdings, Inc. $CF

Raiffeisen Bank International AG reduced its stake in shares of CF Industries Holdings, Inc. (NYSE:CFFree Report) by 32.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 91,275 shares of the basic materials company’s stock after selling 43,645 shares during the quarter. Raiffeisen Bank International AG owned 0.06% of CF Industries worth $9,859,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of CF. Himension Capital Singapore PTE. LTD. bought a new position in shares of CF Industries in the first quarter worth about $25,000. Virtus Advisers LLC bought a new stake in shares of CF Industries during the 2nd quarter valued at approximately $25,000. Continuum Advisory LLC bought a new stake in shares of CF Industries during the 2nd quarter valued at approximately $28,000. Keating Financial Advisory Services Inc. acquired a new position in CF Industries during the 2nd quarter worth approximately $29,000. Finally, Altshuler Shaham Ltd increased its position in CF Industries by 36.6% during the 1st quarter. Altshuler Shaham Ltd now owns 418 shares of the basic materials company’s stock worth $54,000 after purchasing an additional 112 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Trading Down 0.9%

NYSE:CF opened at $137.97 on Friday. 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 firm has a 50-day moving average of $120.75 and a 200-day moving average of $118.16. The company has a market cap of $20.88 billion, a PE ratio of 10.23, a PEG ratio of 0.27 and a beta of 0.40. CF Industries Holdings, Inc. has a one year low of $75.42 and a one year high of $141.96.

CF Industries (NYSE:CFGet Free Report) last posted its quarterly earnings data 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). The firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.45 billion. CF Industries had a return on equity of 24.41% and a net margin of 27.12%.CF Industries’s revenue was up 17.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.37 earnings per share. As a group, equities research analysts expect that CF Industries Holdings, Inc. will post 13.7 EPS for the current fiscal year.

CF Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 14th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.7%. This is a boost from CF Industries’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Friday, August 14th. CF Industries’s payout ratio is currently 17.79%.

Wall Street Analysts Forecast Growth

CF has been the subject of a number of research reports. Royal Bank Of Canada dropped their price objective on shares of CF Industries from $125.00 to $115.00 and set a “sector perform” rating for the company in a report on Friday, July 17th. Weiss Ratings downgraded shares of CF Industries from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. BMO Capital Markets cut their price target on shares of CF Industries from $140.00 to $135.00 and set an “outperform” rating on the stock in a report on Tuesday, June 30th. Canadian Imperial Bank of Commerce reissued a “neutral” rating and issued a $129.00 price objective on shares of CF Industries in a research note on Friday, July 24th. Finally, Zacks Research downgraded CF Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $116.56.

View Our Latest Research Report on CF

CF Industries Profile

(Free Report)

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.

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Institutional Ownership by Quarter for CF Industries (NYSE:CF)

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