Knights of Columbus Asset Advisors LLC raised its stake in CF Industries Holdings, Inc. (NYSE:CF) by 32.2% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 37,750 shares of the basic materials company’s stock after buying an additional 9,200 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in CF Industries Holdings were worth $1,055,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in CF. State Treasurer State of Michigan boosted its position in CF Industries Holdings by 0.4% in the first quarter. State Treasurer State of Michigan now owns 76,525 shares of the basic materials company’s stock valued at $2,246,000 after buying an additional 300 shares during the period. Commerzbank Aktiengesellschaft FI boosted its position in CF Industries Holdings by 40.6% in the first quarter. Commerzbank Aktiengesellschaft FI now owns 61,441 shares of the basic materials company’s stock valued at $1,803,000 after buying an additional 17,757 shares during the period. Willingdon Wealth Management acquired a new position in CF Industries Holdings during the first quarter valued at approximately $3,314,000. Great West Life Assurance Co. Can boosted its position in CF Industries Holdings by 0.9% in the first quarter. Great West Life Assurance Co. Can now owns 193,047 shares of the basic materials company’s stock valued at $5,661,000 after buying an additional 1,733 shares during the period. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in CF Industries Holdings by 4.0% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 65,559 shares of the basic materials company’s stock valued at $1,924,000 after buying an additional 2,495 shares during the period.
Shares of CF Industries Holdings, Inc. (NYSE CF) traded down 0.17% during trading on Friday, reaching $28.98. The company’s stock had a trading volume of 2,082,777 shares. The company’s 50-day moving average is $29.86 and its 200-day moving average is $29.22. The company’s market capitalization is $6.76 billion. CF Industries Holdings, Inc. has a 12 month low of $22.00 and a 12 month high of $37.17.
CF Industries Holdings (NYSE:CF) last posted its quarterly earnings data on Wednesday, August 2nd. The basic materials company reported $0.10 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.08) by $0.18. CF Industries Holdings had a negative net margin of 9.98% and a negative return on equity of 0.40%. The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the prior year, the company posted $0.33 earnings per share. CF Industries Holdings’s revenue for the quarter was down .9% compared to the same quarter last year. On average, analysts forecast that CF Industries Holdings, Inc. will post ($0.70) EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.14%. The ex-dividend date of this dividend is Friday, August 11th. CF Industries Holdings’s dividend payout ratio (DPR) is presently -75.47%.
Several research analysts recently commented on the company. Piper Jaffray Companies reiterated a “hold” rating on shares of CF Industries Holdings in a research note on Friday, August 4th. Credit Suisse Group set a $30.00 price objective on CF Industries Holdings and gave the company a “hold” rating in a research note on Friday, August 4th. Zacks Investment Research upgraded CF Industries Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, August 16th. ValuEngine upgraded CF Industries Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, July 25th. Finally, Stifel Nicolaus restated a “hold” rating and set a $28.00 price objective (down previously from $31.00) on shares of CF Industries Holdings in a research note on Monday, July 10th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. CF Industries Holdings has a consensus rating of “Hold” and an average target price of $32.58.
In other news, VP Bert A. Frost sold 6,400 shares of the stock in a transaction on Monday, August 7th. The shares were sold at an average price of $31.53, for a total transaction of $201,792.00. Following the completion of the sale, the vice president now directly owns 59,732 shares in the company, valued at $1,883,349.96. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 1.00% of the company’s stock.
CF Industries Holdings Company Profile
CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizer, and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).
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