Sumitomo Mitsui Asset Management Company LTD reduced its stake in CF Industries Holdings, Inc. (NYSE:CF) by 0.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,964 shares of the basic materials company’s stock after selling 137 shares during the period. Sumitomo Mitsui Asset Management Company LTD’s holdings in CF Industries Holdings were worth $530,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CENTRAL TRUST Co raised its position in shares of CF Industries Holdings by 0.7% in the first quarter. CENTRAL TRUST Co now owns 3,667 shares of the basic materials company’s stock valued at $107,000 after buying an additional 24 shares during the period. First Mercantile Trust Co. increased its stake in CF Industries Holdings by 22.4% in the first quarter. First Mercantile Trust Co. now owns 3,691 shares of the basic materials company’s stock valued at $108,000 after buying an additional 676 shares in the last quarter. Pacer Advisors Inc. increased its stake in CF Industries Holdings by 3.3% in the first quarter. Pacer Advisors Inc. now owns 4,293 shares of the basic materials company’s stock valued at $126,000 after buying an additional 137 shares in the last quarter. Financial Architects Inc increased its stake in CF Industries Holdings by 22.5% in the second quarter. Financial Architects Inc now owns 4,350 shares of the basic materials company’s stock valued at $122,000 after buying an additional 800 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in CF Industries Holdings by 34.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 5,512 shares of the basic materials company’s stock valued at $162,000 after buying an additional 1,415 shares in the last quarter.

CF Industries Holdings, Inc. (NYSE CF) opened at 31.88 on Thursday. CF Industries Holdings, Inc. has a 52 week low of $21.23 and a 52 week high of $37.17. The company’s market capitalization is $7.44 billion. The stock’s 50 day moving average is $29.23 and its 200 day moving average is $29.71.

CF Industries Holdings (NYSE:CF) last announced its quarterly earnings data on Wednesday, August 2nd. The basic materials company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.18. CF Industries Holdings had a negative net margin of 9.98% and a negative return on equity of 0.40%. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter last year, the business posted $0.33 EPS. The firm’s revenue for the quarter was down .9% on a year-over-year basis. On average, equities research analysts expect that CF Industries Holdings, Inc. will post ($0.61) earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Investors of record on Tuesday, August 15th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, August 11th. This represents a $1.20 dividend on an annualized basis and a yield of 3.76%. CF Industries Holdings’s payout ratio is -75.47%.

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CF has been the subject of several recent research reports. Cowen and Company set a $30.00 price target on shares of CF Industries Holdings and gave the stock a “hold” rating in a research note on Thursday, May 4th. BidaskClub downgraded shares of CF Industries Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Zacks Investment Research downgraded shares of 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 target on shares of 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 reissued an “equal weight” rating and issued a $31.00 price target (down from $32.00) on shares of CF Industries Holdings in a research note on Sunday, May 28th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $32.58.

In related news, VP Bert A. Frost sold 6,400 shares of CF Industries Holdings stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $31.53, for a total transaction of $201,792.00. Following the completion of the sale, the vice president now owns 59,732 shares in the company, valued at approximately $1,883,349.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.00% of the company’s stock.

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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