CF Industries Holdings, Inc. (CF) Stake Decreased by Stevens Capital Management LP

Stevens Capital Management LP lessened its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 84.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,594 shares of the basic materials company’s stock after selling 72,844 shares during the period. Stevens Capital Management LP’s holdings in CF Industries were worth $556,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Norges Bank bought a new position in CF Industries in the 4th quarter valued at approximately $76,365,000. Oregon Public Employees Retirement Fund lifted its stake in CF Industries by 4,197.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,101,238 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 1,075,614 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in CF Industries by 27.9% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,800,856 shares of the basic materials company’s stock valued at $208,884,000 after purchasing an additional 1,047,650 shares during the last quarter. BlackRock Inc. lifted its stake in CF Industries by 4.8% in the 4th quarter. BlackRock Inc. now owns 20,782,498 shares of the basic materials company’s stock valued at $904,247,000 after purchasing an additional 960,630 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in CF Industries by 27.4% in the 4th quarter. Geode Capital Management LLC now owns 4,022,001 shares of the basic materials company’s stock valued at $174,768,000 after purchasing an additional 865,928 shares during the last quarter. 96.01% of the stock is owned by institutional investors.

In other news, Director Stephen A. Furbacher sold 3,000 shares of the stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $42.01, for a total transaction of $126,030.00. Following the completion of the sale, the director now directly owns 47,190 shares in the company, valued at $1,982,451.90. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 2.00% of the company’s stock.

Shares of CF traded up $0.21 during trading hours on Friday, hitting $42.96. 14,236 shares of the stock were exchanged, compared to its average volume of 2,471,205. CF Industries Holdings, Inc. has a fifty-two week low of $38.90 and a fifty-two week high of $56.51. The company has a quick ratio of 1.17, a current ratio of 1.71 and a debt-to-equity ratio of 0.83. The stock has a market cap of $9.27 billion, a PE ratio of 34.39, a price-to-earnings-growth ratio of 3.52 and a beta of 0.75.

CF Industries (NYSE:CF) last posted its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $0.27 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.28 by ($0.01). CF Industries had a return on equity of 4.81% and a net margin of 7.09%. The firm had revenue of $1 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the company earned $0.27 earnings per share. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. Sell-side analysts anticipate that CF Industries Holdings, Inc. will post 1.99 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.79%. The ex-dividend date of this dividend is Tuesday, May 14th. CF Industries’s dividend payout ratio (DPR) is presently 96.77%.

Several equities analysts recently commented on the stock. ValuEngine downgraded shares of CF Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, March 5th. Berenberg Bank set a $43.00 price objective on shares of CF Industries and gave the company a “hold” rating in a research note on Tuesday, March 26th. Barclays reissued a “neutral” rating on shares of CF Industries in a research note on Friday, February 15th. Citigroup dropped their price objective on shares of CF Industries from $51.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, February 19th. Finally, Cowen reissued an “outperform” rating and issued a $54.00 price objective (down previously from $56.00) on shares of CF Industries in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $50.41.

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CF Industries Profile

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate solution, and ammonium nitrate. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products, as well as compound fertilizer products with nitrogen, phosphorus, and potassium.

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

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