Envestnet Asset Management Inc. Trims Stock Holdings in CF Industries Holdings, Inc. (NYSE:CF)

Envestnet Asset Management Inc. lessened its position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 7.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 253,173 shares of the basic materials company's stock after selling 20,154 shares during the period. Envestnet Asset Management Inc. owned approximately 0.15% of CF Industries worth $21,601,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Orion Portfolio Solutions LLC boosted its position in shares of CF Industries by 5.4% in the third quarter. Orion Portfolio Solutions LLC now owns 10,914 shares of the basic materials company's stock worth $936,000 after buying an additional 558 shares during the period. Barclays PLC increased its holdings in shares of CF Industries by 68.9% during the 3rd quarter. Barclays PLC now owns 737,352 shares of the basic materials company's stock valued at $63,263,000 after acquiring an additional 300,873 shares during the last quarter. Coldstream Capital Management Inc. grew its holdings in CF Industries by 4.9% during the third quarter. Coldstream Capital Management Inc. now owns 2,883 shares of the basic materials company's stock valued at $247,000 after purchasing an additional 135 shares during the last quarter. Pine Valley Investments Ltd Liability Co increased its position in CF Industries by 8.7% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 28,364 shares of the basic materials company's stock worth $2,434,000 after buying an additional 2,270 shares during the period. Finally, Sanctuary Advisors LLC boosted its position in shares of CF Industries by 4.5% in the third quarter. Sanctuary Advisors LLC now owns 16,939 shares of the basic materials company's stock valued at $1,521,000 after acquiring an additional 731 shares during the period. 93.06% of the stock is currently owned by institutional investors.

CF Industries Stock Up 1.1 %

CF stock traded up $0.80 during midday trading on Friday, reaching $74.90. 2,282,775 shares of the company's stock traded hands, compared to its average volume of 2,105,592. The company has a quick ratio of 2.52, a current ratio of 3.08 and a debt-to-equity ratio of 0.39. The firm's fifty day moving average price is $76.92 and its 200-day moving average price is $84.10. The company has a market cap of $12.70 billion, a price-to-earnings ratio of 11.06, a P/E/G ratio of 0.37 and a beta of 0.84. CF Industries Holdings, Inc. has a 52 week low of $67.34 and a 52 week high of $98.25.

CF Industries (NYSE:CF - Get Free Report) last posted its earnings results 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. CF Industries had a return on equity of 15.50% and a net margin of 20.52%. The company had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. As a group, sell-side analysts forecast that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.50 per share. The ex-dividend date was Friday, February 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.67%. CF Industries's dividend payout ratio is currently 29.54%.

Wall Street Analysts Forecast Growth

CF has been the topic of several research analyst reports. The Goldman Sachs Group started coverage on shares of CF Industries in a research report on Thursday, March 13th. They issued a "neutral" rating and a $86.00 price target on the stock. Morgan Stanley dropped their price objective on shares of CF Industries from $85.00 to $80.00 and set an "equal weight" rating for the company in a research note on Friday, April 11th. BNP Paribas upgraded CF Industries to a "strong-buy" rating in a research note on Wednesday, April 9th. UBS Group cut their price objective on CF Industries from $90.00 to $79.00 and set a "neutral" rating for the company in a report on Wednesday. Finally, Scotiabank upgraded shares of CF Industries from a "sector underperform" rating to a "sector perform" rating and set a $81.00 target price on the stock in a report on Wednesday, April 9th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $89.86.

CF Industries Company 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.