CF Industries Holdings, Inc. $CF Position Cut by Sippican Capital Advisors

Sippican Capital Advisors decreased its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 57.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,592 shares of the basic materials company’s stock after selling 8,813 shares during the quarter. Sippican Capital Advisors’ holdings in CF Industries were worth $856,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Stance Capital LLC acquired a new position in CF Industries during the 3rd quarter valued at about $42,000. MUFG Securities EMEA plc acquired a new stake in shares of CF Industries in the second quarter valued at approximately $44,000. Hantz Financial Services Inc. raised its holdings in shares of CF Industries by 46.3% during the fourth quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock valued at $38,000 after buying an additional 156 shares during the last quarter. Eagle Bay Advisors LLC bought a new stake in shares of CF Industries during the fourth quarter valued at approximately $43,000. Finally, WPG Advisers LLC boosted its position in shares of CF Industries by 69.8% during the fourth quarter. WPG Advisers LLC now owns 552 shares of the basic materials company’s stock worth $43,000 after buying an additional 227 shares during the period. Institutional investors own 93.06% of the company’s stock.

CF Industries Stock Performance

CF Industries stock opened at $105.31 on Tuesday. CF Industries Holdings, Inc. has a fifty-two week low of $75.42 and a fifty-two week high of $141.96. The firm’s 50 day simple moving average is $116.01 and its 200-day simple moving average is $105.85. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.54 and a quick ratio of 3.15. The company has a market cap of $16.18 billion, a P/E ratio of 9.46 and a beta of 0.38.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $3.98 EPS for the quarter, beating the consensus estimate of $2.63 by $1.35. CF Industries had a net margin of 23.73% and a return on equity of 20.93%. The business had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.84 billion. During the same quarter in the prior year, the firm earned $1.85 EPS. The firm’s quarterly revenue was up 19.4% on a year-over-year basis. As a group, equities research analysts predict that CF Industries Holdings, Inc. will post 15.6 EPS for the current year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were issued a $0.50 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.9%. CF Industries’s dividend payout ratio is presently 17.97%.

Analysts Set New Price Targets

Several analysts recently commented on the company. Barclays raised their target price on CF Industries from $130.00 to $145.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. BMO Capital Markets lifted their price objective on shares of CF Industries from $115.00 to $140.00 and gave the company an “outperform” rating in a research note on Wednesday, March 18th. Wall Street Zen upgraded shares of CF Industries from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Freedom Capital raised shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. Finally, Weiss Ratings raised shares of CF Industries from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 13th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, CF Industries presently has a consensus rating of “Hold” and a consensus price target of $118.50.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.