State of Wisconsin Investment Board Sells 19,628 Shares of CF Industries Holdings, Inc. (CF)

State of Wisconsin Investment Board trimmed its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 5.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 354,764 shares of the basic materials company’s stock after selling 19,628 shares during the quarter. State of Wisconsin Investment Board owned approximately 0.15% of CF Industries Holdings worth $12,473,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of CF Industries Holdings by 2.2% in the second quarter. Vanguard Group Inc. now owns 24,160,218 shares of the basic materials company’s stock worth $675,520,000 after buying an additional 523,655 shares during the period. Capital World Investors raised its holdings in shares of CF Industries Holdings by 21.4% in the second quarter. Capital World Investors now owns 15,203,728 shares of the basic materials company’s stock worth $425,096,000 after buying an additional 2,675,809 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of CF Industries Holdings by 3.0% in the second quarter. Dimensional Fund Advisors LP now owns 3,888,875 shares of the basic materials company’s stock worth $108,724,000 after buying an additional 114,534 shares during the period. Tyrus Capital S.A.M. raised its holdings in shares of CF Industries Holdings by 7.8% in the second quarter. Tyrus Capital S.A.M. now owns 2,815,000 shares of the basic materials company’s stock worth $78,707,000 after buying an additional 204,885 shares during the period. Finally, Glendon Capital Management LP raised its holdings in shares of CF Industries Holdings by 14.3% in the second quarter. Glendon Capital Management LP now owns 2,619,751 shares of the basic materials company’s stock worth $73,248,000 after buying an additional 327,600 shares during the period.

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Several research analysts have commented on the company. Cowen and Company raised their price objective on CF Industries Holdings from $27.00 to $33.00 and gave the stock a “market perform” rating in a report on Wednesday, November 8th. Atlantic Securities downgraded CF Industries Holdings from a “neutral” rating to an “underweight” rating in a report on Tuesday. They noted that the move was a valuation call. Zacks Investment Research downgraded CF Industries Holdings from a “buy” rating to a “hold” rating in a report on Friday, November 10th. BMO Capital Markets raised their price objective on CF Industries Holdings from $38.00 to $43.00 and gave the stock a “market perform” rating in a report on Friday, November 3rd. Finally, Credit Suisse Group set a $30.00 price objective on CF Industries Holdings and gave the stock a “hold” rating in a report on Friday, August 4th. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. CF Industries Holdings presently has a consensus rating of “Hold” and an average price target of $34.74.

Shares of CF Industries Holdings, Inc. (NYSE CF) opened at $35.52 on Wednesday. The company has a current ratio of 1.71, a quick ratio of 1.51 and a debt-to-equity ratio of 0.80. CF Industries Holdings, Inc. has a 52-week low of $25.04 and a 52-week high of $39.32.

CF Industries Holdings (NYSE:CF) last posted its quarterly earnings data on Wednesday, November 1st. The basic materials company reported ($0.39) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.35) by ($0.04). The business had revenue of $870.00 million during the quarter, compared to analyst estimates of $733.63 million. CF Industries Holdings had a negative return on equity of 2.29% and a negative net margin of 10.95%. The firm’s revenue for the quarter was up 27.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.13 EPS. sell-side analysts anticipate that CF Industries Holdings, Inc. will post -0.35 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th will be given a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.38%. CF Industries Holdings’s payout ratio is -65.57%.

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).

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

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