CF Industries Holdings, Inc. (CF) Stake Cut by LSV Asset Management

LSV Asset Management reduced its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 99.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,500 shares of the basic materials company’s stock after selling 1,469,034 shares during the period. LSV Asset Management’s holdings in CF Industries Holdings were worth $102,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. FMR LLC raised its position in CF Industries Holdings by 0.7% in the fourth quarter. FMR LLC now owns 21,248,599 shares of the basic materials company’s stock valued at $668,906,000 after buying an additional 146,558 shares in the last quarter. State Street Corp increased its stake in shares of CF Industries Holdings by 4.4% in the fourth quarter. State Street Corp now owns 11,688,072 shares of the basic materials company’s stock valued at $367,927,000 after buying an additional 494,995 shares during the last quarter. Adage Capital Partners GP L.L.C. increased its stake in CF Industries Holdings by 341.6% in the third quarter. Adage Capital Partners GP L.L.C. now owns 6,574,800 shares of the basic materials company’s stock valued at $160,096,000 after buying an additional 5,086,100 shares in the last quarter. Iridian Asset Management LLC CT increased its stake in CF Industries Holdings by 8.2% in the fourth quarter. Iridian Asset Management LLC CT now owns 4,900,245 shares of the basic materials company’s stock valued at $154,260,000 after buying an additional 369,924 shares in the last quarter. Finally, Capital World Investors purchased a new stake in CF Industries Holdings during the third quarter valued at about $113,228,000. Hedge funds and other institutional investors own 99.76% of the company’s stock.

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

CF Industries Holdings, Inc. (NYSE:CF) traded up 2.39% during midday trading on Monday, hitting $28.24. 3,114,936 shares of the company were exchanged. The stock has a 50 day moving average of $27.35 and a 200 day moving average of $30.17. CF Industries Holdings, Inc. has a 1-year low of $20.77 and a 1-year high of $37.17. The firm’s market capitalization is $6.59 billion.

CF Industries Holdings (NYSE:CF) last posted its quarterly earnings data on Wednesday, May 3rd. The basic materials company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.09 by $0.04. CF Industries Holdings had a positive return on equity of 0.41% and a negative net margin of 8.77%. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $988.56 million. During the same period in the previous year, the firm earned $0.40 EPS. The company’s revenue was up 3.3% on a year-over-year basis. On average, equities analysts predict that CF Industries Holdings, Inc. will post ($0.17) earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 31st. Shareholders of record on Monday, May 15th were issued a $0.30 dividend. The ex-dividend date was Thursday, May 11th. This represents a $1.20 annualized dividend and a yield of 4.25%. CF Industries Holdings’s dividend payout ratio (DPR) is presently -85.71%.

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Several equities analysts have recently weighed in on CF shares. Cowen and Company set a $30.00 price objective on CF Industries Holdings and gave the company a “hold” rating in a report on Thursday, May 4th. Zacks Investment Research cut CF Industries Holdings from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 9th. Barclays PLC restated an “equal weight” rating and set a $31.00 price objective (down previously from $32.00) on shares of CF Industries Holdings in a report on Sunday, May 28th. Credit Suisse Group reiterated a “buy” rating and issued a $31.00 price target on shares of CF Industries Holdings in a research report on Friday, April 21st. Finally, BidaskClub upgraded shares of CF Industries Holdings from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 10th. Four analysts have rated the stock with a sell rating, four have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $31.92.

About CF Industries Holdings

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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