Townsquare Capital LLC Decreases Stake in CF Industries Holdings, Inc. (NYSE:CF)

Townsquare Capital LLC decreased its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 4.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 4,158 shares of the basic materials company’s stock after selling 186 shares during the quarter. Townsquare Capital LLC’s holdings in CF Industries were worth $355,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sterling Capital Management LLC grew its stake in CF Industries by 30.9% during the 4th quarter. Sterling Capital Management LLC now owns 14,162 shares of the basic materials company’s stock valued at $1,208,000 after acquiring an additional 3,345 shares in the last quarter. Argent Trust Co grew its position in shares of CF Industries by 5.2% in the fourth quarter. Argent Trust Co now owns 5,197 shares of the basic materials company’s stock valued at $443,000 after purchasing an additional 255 shares in the last quarter. Treasurer of the State of North Carolina lifted its position in CF Industries by 5.1% during the fourth quarter. Treasurer of the State of North Carolina now owns 109,693 shares of the basic materials company’s stock worth $9,359,000 after buying an additional 5,333 shares in the last quarter. LSV Asset Management boosted its stake in CF Industries by 17.2% during the fourth quarter. LSV Asset Management now owns 463,443 shares of the basic materials company’s stock worth $39,541,000 after buying an additional 68,140 shares during the last quarter. Finally, DRW Securities LLC acquired a new stake in shares of CF Industries in the 4th quarter worth $227,000. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Stock Performance

Shares of CF Industries stock opened at $75.14 on Tuesday. The business has a 50-day simple moving average of $76.59 and a 200-day simple moving average of $83.84. The company has a market cap of $12.74 billion, a PE ratio of 11.10, a P/E/G ratio of 0.37 and a beta of 0.84. CF Industries Holdings, Inc. has a one year low of $67.34 and a one year high of $98.25. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. The business had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. CF Industries had a net margin of 20.52% and a return on equity of 15.50%. On average, equities research analysts forecast that CF Industries Holdings, Inc. will post 5.83 EPS for the current fiscal year.

CF Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.66%. The ex-dividend date was Friday, February 14th. CF Industries’s dividend payout ratio (DPR) is presently 29.54%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. The Goldman Sachs Group started coverage on shares of CF Industries in a research report on Thursday, March 13th. They set a “neutral” rating and a $86.00 price target on the stock. Oppenheimer reduced their price target on shares of CF Industries from $114.00 to $111.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 28th. BNP Paribas upgraded CF Industries to a “strong-buy” rating in a research report on Wednesday, April 9th. Barclays lowered their price target on CF Industries from $100.00 to $95.00 and set an “equal weight” rating for the company in a report on Wednesday, March 5th. Finally, Scotiabank raised shares of CF Industries from a “sector underperform” rating to a “sector perform” rating and set a $81.00 target price for the company in a research note on Wednesday, April 9th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $89.86.

CF Industries Profile

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.