Vontobel Holding Ltd. Sells 4,317 Shares of CF Industries Holdings, Inc. $CF

Vontobel Holding Ltd. lessened its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 9.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 42,501 shares of the basic materials company’s stock after selling 4,317 shares during the period. Vontobel Holding Ltd.’s holdings in CF Industries were worth $3,910,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Nations Financial Group Inc. IA ADV lifted its stake in shares of CF Industries by 1.3% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 8,727 shares of the basic materials company’s stock worth $682,000 after purchasing an additional 116 shares during the period. Rowlandmiller & PARTNERS.ADV lifted its stake in shares of CF Industries by 4.1% in the 2nd quarter. Rowlandmiller & PARTNERS.ADV now owns 3,325 shares of the basic materials company’s stock worth $306,000 after purchasing an additional 130 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of CF Industries by 7.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,838 shares of the basic materials company’s stock worth $169,000 after purchasing an additional 131 shares during the period. Oppenheimer Asset Management Inc. lifted its stake in shares of CF Industries by 2.0% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 7,192 shares of the basic materials company’s stock worth $562,000 after purchasing an additional 142 shares during the period. Finally, Alps Advisors Inc. lifted its stake in shares of CF Industries by 3.5% in the 1st quarter. Alps Advisors Inc. now owns 4,624 shares of the basic materials company’s stock worth $361,000 after purchasing an additional 158 shares during the period. Institutional investors own 93.06% of the company’s stock.

CF Industries Trading Down 1.4%

Shares of CF opened at $87.33 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.22 and a quick ratio of 2.84. CF Industries Holdings, Inc. has a 1 year low of $67.34 and a 1 year high of $104.45. The company has a 50 day simple moving average of $86.91 and a two-hundred day simple moving average of $86.87. The firm has a market cap of $14.14 billion, a P/E ratio of 11.40 and a beta of 0.93.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, August 6th. The basic materials company reported $2.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.35 by $0.02. CF Industries had a net margin of 20.19% and a return on equity of 17.10%. The business had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.73 billion. During the same period last year, the firm posted $2.30 EPS. The company’s revenue was up 20.2% on a year-over-year basis. On average, equities analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, November 14th. CF Industries’s dividend payout ratio (DPR) is 26.11%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CF. UBS Group lowered their price objective on shares of CF Industries from $101.00 to $96.00 and set a “neutral” rating on the stock in a research note on Monday. Royal Bank Of Canada set a $100.00 target price on shares of CF Industries and gave the stock a “sector perform” rating in a report on Monday, July 14th. Wells Fargo & Company reduced their target price on shares of CF Industries from $108.00 to $101.00 and set an “overweight” rating for the company in a report on Monday, August 11th. HSBC reduced their target price on shares of CF Industries from $104.00 to $95.00 and set a “hold” rating for the company in a report on Monday, September 15th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of CF Industries in a report on Saturday, September 27th. Three investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, CF Industries presently has a consensus rating of “Hold” and a consensus price target of $95.14.

About CF Industries

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.