Nikko Asset Management Americas Inc. cut its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 2.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 445,030 shares of the basic materials company’s stock after selling 12,600 shares during the period. Nikko Asset Management Americas Inc.’s holdings in CF Industries Holdings were worth $12,443,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC increased its position in CF Industries Holdings by 12.1% in the first quarter. FMR LLC now owns 23,826,054 shares of the basic materials company’s stock valued at $699,295,000 after buying an additional 2,577,455 shares in the last quarter. Vanguard Group Inc. increased its position in CF Industries Holdings by 3.6% in the first quarter. Vanguard Group Inc. now owns 23,636,563 shares of the basic materials company’s stock valued at $693,733,000 after buying an additional 817,570 shares in the last quarter. BlackRock Inc. increased its position in CF Industries Holdings by 3,912.4% in the first quarter. BlackRock Inc. now owns 20,034,069 shares of the basic materials company’s stock valued at $587,999,000 after buying an additional 19,534,765 shares in the last quarter. Bank of New York Mellon Corp increased its position in CF Industries Holdings by 8.7% in the first quarter. Bank of New York Mellon Corp now owns 5,712,236 shares of the basic materials company’s stock valued at $167,653,000 after buying an additional 459,582 shares in the last quarter. Finally, Alliancebernstein L.P. increased its position in CF Industries Holdings by 3.0% in the first quarter. Alliancebernstein L.P. now owns 4,574,660 shares of the basic materials company’s stock valued at $134,266,000 after buying an additional 135,012 shares in the last quarter.

CF Industries Holdings, Inc. (NYSE CF) opened at 29.16 on Friday. The company’s market capitalization is $6.80 billion. The firm’s 50 day moving average price is $29.75 and its 200-day moving average price is $29.50. CF Industries Holdings, Inc. has a 12-month low of $22.00 and a 12-month high of $37.17.

CF Industries Holdings (NYSE:CF) last posted its earnings results on Wednesday, August 2nd. The basic materials company reported $0.10 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.18. CF Industries Holdings had a negative return on equity of 0.40% and a negative net margin of 9.98%. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the previous year, the firm earned $0.33 earnings per share. The business’s revenue was down .9% compared to the same quarter last year. On average, equities analysts anticipate that CF Industries Holdings, Inc. will post ($0.70) earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, August 11th. This represents a $1.20 annualized dividend and a dividend yield of 4.12%. CF Industries Holdings’s dividend payout ratio (DPR) is presently -75.47%.

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CF has been the subject of several recent research reports. Cowen and Company set a $30.00 price objective on CF Industries Holdings and gave the company a “hold” rating in a research note on Thursday, May 4th. BidaskClub downgraded CF Industries Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Zacks Investment Research downgraded CF Industries Holdings from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 9th. Royal Bank Of Canada lowered their price objective on CF Industries Holdings from $25.00 to $23.00 and set an “underperform” rating for the company in a research note on Friday, July 14th. Finally, Barclays PLC reaffirmed an “equal weight” rating and issued a $31.00 price objective (down previously from $32.00) on shares of CF Industries Holdings in a research note on Sunday, May 28th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $32.58.

In other news, VP Bert A. Frost sold 6,400 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $31.53, for a total transaction of $201,792.00. Following the transaction, the vice president now directly owns 59,732 shares of the company’s stock, valued at $1,883,349.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is currently owned by insiders.

CF Industries Holdings Company Profile

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

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