CF Industries Holdings, Inc. $CF Shares Sold by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Fideuram Intesa Sanpaolo Private Banking S.P.A. trimmed its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 29.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 104,732 shares of the basic materials company’s stock after selling 44,686 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in CF Industries were worth $13,598,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Dimensional Fund Advisors LP lifted its stake in CF Industries by 37.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,312,225 shares of the basic materials company’s stock valued at $333,501,000 after buying an additional 1,178,516 shares in the last quarter. Boston Partners increased its stake in CF Industries by 15.3% during the 3rd quarter. Boston Partners now owns 3,587,999 shares of the basic materials company’s stock worth $321,852,000 after buying an additional 476,769 shares in the last quarter. Invesco Ltd. raised its holdings in shares of CF Industries by 12.0% during the fourth quarter. Invesco Ltd. now owns 3,570,249 shares of the basic materials company’s stock valued at $276,123,000 after acquiring an additional 381,716 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of CF Industries by 1.9% during the third quarter. Ameriprise Financial Inc. now owns 3,351,194 shares of the basic materials company’s stock valued at $300,602,000 after acquiring an additional 63,938 shares during the last quarter. Finally, Northern Trust Corp lifted its position in shares of CF Industries by 5.5% in the fourth quarter. Northern Trust Corp now owns 3,147,611 shares of the basic materials company’s stock valued at $243,436,000 after acquiring an additional 163,320 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

CF Industries Price Performance

CF stock opened at $110.61 on Friday. CF Industries Holdings, Inc. has a 1 year low of $75.42 and a 1 year high of $141.96. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.54 and a quick ratio of 3.15. The firm has a market capitalization of $16.99 billion, a PE ratio of 9.94 and a beta of 0.40. The business has a 50 day simple moving average of $115.55 and a 200-day simple moving average of $106.50.

CF Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.8%. The ex-dividend date was Friday, May 15th. CF Industries’s dividend payout ratio is presently 17.97%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Canadian Imperial Bank of Commerce lifted their price target on CF Industries from $118.00 to $128.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Berenberg Bank raised their price objective on CF Industries from $86.00 to $106.00 and gave the company a “hold” rating in a report on Thursday, May 28th. Scotiabank raised shares of CF Industries from a “sector perform” rating to a “sector outperform” rating and lifted their target price for the stock from $120.00 to $125.00 in a research note on Tuesday. Zacks Research cut shares of CF Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Finally, UBS Group dropped their target price on shares of CF Industries from $140.00 to $130.00 in a report on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, CF Industries has a consensus rating of “Hold” and a consensus target price of $118.50.

About CF Industries

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.