Arizona State Retirement System reduced its position in CF Industries Holdings Inc. (NYSE:CF) by 7.1% during the third quarter, Holdings Channel reports. The firm owned 75,515 shares of the company’s stock after selling 5,800 shares during the period. Arizona State Retirement System’s holdings in CF Industries Holdings were worth $1,839,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in the company. Pacer Advisors Inc. raised its position in shares of CF Industries Holdings by 7.7% in the second quarter. Pacer Advisors Inc. now owns 4,204 shares of the company’s stock worth $101,000 after buying an additional 301 shares during the last quarter. Tower Research Capital LLC TRC raised its position in shares of CF Industries Holdings by 778.9% in the second quarter. Tower Research Capital LLC TRC now owns 6,293 shares of the company’s stock worth $151,000 after buying an additional 5,577 shares during the last quarter. Point72 Asia Hong Kong Ltd raised its position in shares of CF Industries Holdings by 1,200.0% in the second quarter. Point72 Asia Hong Kong Ltd now owns 7,800 shares of the company’s stock worth $188,000 after buying an additional 7,200 shares during the last quarter. Candriam Luxembourg S.C.A. raised its position in shares of CF Industries Holdings by 28.4% in the second quarter. Candriam Luxembourg S.C.A. now owns 9,175 shares of the company’s stock worth $221,000 after buying an additional 2,030 shares during the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund purchased a new position in shares of CF Industries Holdings during the second quarter worth approximately $227,000. 98.73% of the stock is owned by hedge funds and other institutional investors.

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

Shares of CF Industries Holdings Inc. (NYSE:CF) traded up 5.50% during mid-day trading on Wednesday, reaching $28.94. The company’s stock had a trading volume of 6,436,738 shares. CF Industries Holdings Inc. has a 52 week low of $20.77 and a 52 week high of $46.67. The stock has a market capitalization of $6.75 billion, a price-to-earnings ratio of 96.47 and a beta of 1.32. The company’s 50-day moving average is $25.63 and its 200-day moving average is $25.57.

CF Industries Holdings (NYSE:CF) last released its quarterly earnings results on Wednesday, November 2nd. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.11. CF Industries Holdings had a return on equity of 5.94% and a net margin of 1.77%. The company had revenue of $680 million for the quarter, compared to analysts’ expectations of $805.58 million. During the same period in the prior year, the firm earned $0.39 earnings per share. The firm’s revenue was down 26.7% compared to the same quarter last year. Equities analysts predict that CF Industries Holdings Inc. will post $0.78 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Tuesday, November 15th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 4.15%. The ex-dividend date of this dividend is Thursday, November 10th. CF Industries Holdings’s dividend payout ratio (DPR) is 413.79%.

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CF has been the subject of several analyst reports. Royal Bank Of Canada lowered CF Industries Holdings from a “sector perform” rating to an “underperform” rating and set a $22.00 price objective for the company. in a research note on Tuesday, November 22nd. RBC Capital Markets lowered CF Industries Holdings from a “sector perform” rating to an “underperform” rating and set a $22.00 price objective for the company. in a research note on Tuesday, November 22nd. They noted that the move was a valuation call. Wood & Company lowered CF Industries Holdings to an “underperform” rating in a research note on Tuesday, November 22nd. Finally, Vetr lowered CF Industries Holdings from a “sell” rating to a “strong sell” rating and set a $23.58 price objective for the company. in a research note on Monday. Seven analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company. CF Industries Holdings has an average rating of “Hold” and a consensus price target of $27.79.

CF Industries Holdings Company Profile

CF Industries Holdings, Inc is the manufacturer and distributor of 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 its industrial customers, and compound fertilizer products (NPKs).

5 Day Chart for NYSE:CF

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