Kathmere Capital Management LLC Reduces Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Kathmere Capital Management LLC lessened its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 28.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,935 shares of the basic materials company’s stock after selling 1,171 shares during the period. Kathmere Capital Management LLC’s holdings in CF Industries were worth $233,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Raymond James & Associates grew its stake in shares of CF Industries by 25.4% during the 4th quarter. Raymond James & Associates now owns 133,439 shares of the basic materials company’s stock worth $10,608,000 after purchasing an additional 27,027 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in CF Industries by 5.0% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 29,902 shares of the basic materials company’s stock valued at $2,377,000 after buying an additional 1,429 shares during the period. Ballentine Partners LLC increased its holdings in CF Industries by 94.7% in the fourth quarter. Ballentine Partners LLC now owns 5,279 shares of the basic materials company’s stock valued at $420,000 after buying an additional 2,567 shares in the last quarter. Asset Management One Co. Ltd. raised its position in shares of CF Industries by 0.5% in the fourth quarter. Asset Management One Co. Ltd. now owns 77,974 shares of the basic materials company’s stock worth $6,211,000 after acquiring an additional 417 shares during the period. Finally, International Assets Investment Management LLC purchased a new stake in shares of CF Industries during the 4th quarter worth about $9,480,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Trading Down 3.4 %

Shares of CF stock traded down $2.58 on Friday, hitting $73.22. 1,751,663 shares of the stock traded hands, compared to its average volume of 1,679,973. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $87.90. The stock has a market capitalization of $13.38 billion, a PE ratio of 12.16, a PEG ratio of 2.44 and a beta of 0.95. The firm’s 50-day moving average price is $74.16 and its two-hundred day moving average price is $77.46. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.55 and a current ratio of 3.94.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, May 1st. The basic materials company reported $1.03 EPS for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.44). CF Industries had a net margin of 19.03% and a return on equity of 14.08%. The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.46 billion. During the same quarter in the prior year, the company posted $2.85 earnings per share. The company’s revenue was down 26.9% on a year-over-year basis. As a group, analysts anticipate that CF Industries Holdings, Inc. will post 5.18 EPS for the current year.

CF Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Shareholders of record on Thursday, August 15th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.73%. The ex-dividend date of this dividend is Thursday, August 15th. CF Industries’s dividend payout ratio (DPR) is presently 33.22%.

Analyst Ratings Changes

CF has been the subject of a number of analyst reports. Royal Bank of Canada reduced their price target on CF Industries from $90.00 to $85.00 and set an “outperform” rating for the company in a report on Monday, July 15th. Berenberg Bank lifted their price target on shares of CF Industries from $68.00 to $69.00 and gave the company a “hold” rating in a research note on Wednesday, April 17th. BMO Capital Markets decreased their price objective on shares of CF Industries from $100.00 to $95.00 and set an “outperform” rating on the stock in a report on Monday, May 6th. Bank of America reissued a “neutral” rating and set a $88.00 target price (down previously from $96.00) on shares of CF Industries in a research note on Wednesday, April 10th. Finally, UBS Group decreased their price target on shares of CF Industries from $86.00 to $78.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 9th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $83.71.

About CF Industries

CF Industries Holdings, Inc, together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.