Prudential Financial Inc. Decreases Stake in CF Industries Holdings, Inc. (CF)

Prudential Financial Inc. decreased its position in CF Industries Holdings, Inc. (NYSE:CF) by 55.5% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 320,880 shares of the basic materials company’s stock after selling 399,452 shares during the period. Prudential Financial Inc.’s holdings in CF Industries Holdings were worth $9,418,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. CENTRAL TRUST Co boosted its stake in 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 last quarter. First Mercantile Trust Co. boosted 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 during the last quarter. Pacer Advisors Inc. boosted 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 during the last quarter. Northwestern Mutual Wealth Management Co. boosted 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 during the last quarter. Finally, Ameritas Investment Partners Inc. acquired a new stake in CF Industries Holdings during the first quarter valued at $164,000. 99.74% of the stock is currently owned by institutional investors and hedge funds.

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

CF Industries Holdings, Inc. (NYSE CF) opened at 27.37 on Thursday. The stock’s 50 day moving average price is $27.36 and its 200 day moving average price is $30.20. CF Industries Holdings, Inc. has a 12 month low of $20.77 and a 12 month high of $37.17. The company’s market capitalization is $6.38 billion.

CF Industries Holdings (NYSE:CF) last issued its quarterly earnings data on Wednesday, May 3rd. The basic materials company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by $0.04. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $988.56 million. CF Industries Holdings had a negative net margin of 8.77% and a positive return on equity of 0.41%. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter last year, the company earned $0.40 earnings per share. Equities research analysts anticipate that CF Industries Holdings, Inc. will post ($0.17) earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 31st. Stockholders of record on Monday, May 15th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, May 11th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.38%. CF Industries Holdings’s dividend payout ratio is -85.71%.

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Several analysts have weighed in on CF shares. Goldman Sachs Group, Inc. (The) raised CF Industries Holdings from a “neutral” rating to a “buy” rating and set a $36.00 price target on the stock in a report on Monday, March 20th. Credit Suisse Group set a $39.00 price target on CF Industries Holdings and gave the company a “buy” rating in a report on Thursday, February 16th. BMO Capital Markets reaffirmed a “buy” rating and issued a $38.00 price target on shares of CF Industries Holdings in a report on Wednesday, April 5th. Citigroup Inc. raised CF Industries Holdings from a “neutral” rating to a “buy” rating in a report on Monday, May 8th. Finally, Barclays PLC reaffirmed an “equal weight” rating and issued a $32.00 price target (down previously from $34.00) on shares of CF Industries Holdings in a report on Saturday, April 22nd. Four analysts have rated the stock with a sell rating, four have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $31.92.

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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