IndexIQ Advisors LLC Takes Position in CF Industries Holdings, Inc. (NYSE:CF)

IndexIQ Advisors LLC purchased a new position in CF Industries Holdings, Inc. (NYSE:CF) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 5,384 shares of the basic materials company’s stock, valued at approximately $150,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. ARGI Investment Services LLC grew its holdings in shares of CF Industries Holdings by 0.3% during the first quarter. ARGI Investment Services LLC now owns 31,321 shares of the basic materials company’s stock valued at $919,000 after buying an additional 100 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in CF Industries Holdings by 3.3% in the first quarter. Pacer Advisors Inc. now owns 4,293 shares of the basic materials company’s stock valued at $126,000 after purchasing an additional 137 shares during the last quarter. Contravisory Investment Management Inc. boosted its holdings in CF Industries Holdings by 2.0% in the second quarter. Contravisory Investment Management Inc. now owns 7,803 shares of the basic materials company’s stock valued at $218,000 after purchasing an additional 153 shares during the last quarter. Louisiana State Employees Retirement System boosted its holdings in CF Industries Holdings by 1.4% in the second quarter. Louisiana State Employees Retirement System now owns 14,500 shares of the basic materials company’s stock valued at $405,000 after purchasing an additional 200 shares during the last quarter. Finally, Advantus Capital Management Inc boosted its holdings in CF Industries Holdings by 1.0% in the first quarter. Advantus Capital Management Inc now owns 23,368 shares of the basic materials company’s stock valued at $686,000 after purchasing an additional 222 shares during the last quarter.

ILLEGAL ACTIVITY WARNING: “IndexIQ Advisors LLC Takes Position in CF Industries Holdings, Inc. (NYSE:CF)” was originally published by BBNS and is the sole property of of BBNS. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this story can be viewed at https://baseballnewssource.com/markets/indexiq-advisors-llc-takes-150000-position-in-cf-industries-holdings-inc-cf/1602728.html.

A number of brokerages have weighed in on CF. Royal Bank Of Canada set a $25.00 price objective on shares of CF Industries Holdings and gave the stock a “sell” rating in a research report on Saturday, June 10th. Credit Suisse Group set a $31.00 price target on shares of CF Industries Holdings and gave the stock a “buy” rating in a research report on Sunday, May 28th. Piper Jaffray Companies restated a “hold” rating on shares of CF Industries Holdings in a research report on Friday, August 4th. Zacks Investment Research upgraded shares of CF Industries Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, August 16th. Finally, Barclays PLC reduced their price target on shares of CF Industries Holdings from $31.00 to $29.00 and set an “equal weight” rating for the company in a research report on Thursday, July 13th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. CF Industries Holdings currently has an average rating of “Hold” and an average price target of $32.23.

In related news, VP Bert A. Frost sold 6,400 shares of the stock in a transaction on Monday, August 7th. The stock was sold at an average price of $31.53, for a total value of $201,792.00. Following the sale, the vice president now owns 59,732 shares in the company, valued at approximately $1,883,349.96. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.00% of the stock is currently owned by corporate insiders.

CF Industries Holdings, Inc. (NYSE CF) opened at 35.23 on Friday. The company’s 50 day moving average is $30.68 and its 200-day moving average is $28.91. The stock’s market cap is $8.22 billion. CF Industries Holdings, Inc. has a 52-week low of $22.00 and a 52-week high of $37.17.

CF Industries Holdings (NYSE:CF) last released its earnings results on Wednesday, August 2nd. The basic materials company reported $0.10 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.18. CF Industries Holdings had a negative return on equity of 0.40% and a negative net margin of 9.98%. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the previous year, the business posted $0.33 EPS. The business’s quarterly revenue was down .9% compared to the same quarter last year. On average, equities analysts anticipate that CF Industries Holdings, Inc. will post ($0.69) earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 31st. Investors of record on Tuesday, August 15th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date of this dividend was Friday, August 11th. CF Industries Holdings’s dividend payout ratio (DPR) is presently -75.47%.

CF Industries Holdings 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)

Receive News & Ratings for CF Industries Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Industries Holdings Inc. and related companies with our FREE daily email newsletter.

 


Latest News

American League Once Again Dominates National League
American League Once Again Dominates National League
Los Angeles Dodgers Waiting But Magic Number Down to One
Los Angeles Dodgers Waiting But Magic Number Down to One
Young Girl Hit by Foul Ball Rushed to Hospital
Young Girl Hit by Foul Ball Rushed to Hospital
New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22


Leave a Reply

 
© 2006-2017 BBNS.