APG Asset Management N.V. Has $6.24 Million Position in CF Industries Holdings, Inc. (NYSE:CF)

APG Asset Management N.V. reduced its position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 28.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 90,154 shares of the basic materials company's stock after selling 35,600 shares during the quarter. APG Asset Management N.V.'s holdings in CF Industries were worth $6,235,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CF. AXA S.A. acquired a new stake in CF Industries in the second quarter worth $1,690,000. Toronto Dominion Bank raised its holdings in CF Industries by 11.0% in the second quarter. Toronto Dominion Bank now owns 159,791 shares of the basic materials company's stock worth $11,844,000 after purchasing an additional 15,790 shares during the period. Point72 Italy S.r.l. acquired a new stake in CF Industries in the second quarter worth $1,727,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in CF Industries by 57.2% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 35,958 shares of the basic materials company's stock worth $2,665,000 after purchasing an additional 13,081 shares during the period. Finally, Marshall Wace LLP acquired a new stake in CF Industries in the second quarter worth $386,000. 93.06% of the stock is owned by institutional investors.

CF Industries Price Performance

CF stock traded up $0.16 during trading on Monday, reaching $85.80. 1,451,924 shares of the company were exchanged, compared to its average volume of 2,152,418. The company has a 50-day moving average of $79.31 and a two-hundred day moving average of $77.95. The company has a market capitalization of $15.68 billion, a price-to-earnings ratio of 14.25, a P/E/G ratio of 2.38 and a beta of 0.95. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $87.82. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.70 and a quick ratio of 4.19.

CF Industries (NYSE:CF - Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The basic materials company reported $2.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.80 by $0.50. CF Industries had a net margin of 17.87% and a return on equity of 12.96%. The business had revenue of $1.57 billion during the quarter, compared to analysts' expectations of $1.52 billion. During the same period in the prior year, the company earned $2.70 EPS. The firm's quarterly revenue was down 11.4% compared to the same quarter last year. As a group, equities analysts predict 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 disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Thursday, August 15th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date of this dividend was Thursday, August 15th. CF Industries's dividend payout ratio is currently 33.22%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CF. Wells Fargo & Company raised their price objective on shares of CF Industries from $88.00 to $92.00 and gave the stock an "overweight" rating in a report on Tuesday, September 24th. UBS Group raised their price objective on shares of CF Industries from $80.00 to $85.00 and gave the stock a "neutral" rating in a report on Monday, August 26th. Scotiabank raised their price objective on shares of CF Industries from $80.00 to $88.00 and gave the stock a "sector perform" rating in a report on Monday, August 12th. Barclays raised shares of CF Industries from an "equal weight" rating to an "overweight" rating and raised their target price for the company from $80.00 to $90.00 in a research report on Friday, August 16th. Finally, Royal Bank of Canada lifted their price objective on shares of CF Industries from $85.00 to $95.00 and gave the company an "outperform" rating in a research report on Monday, August 12th. One research analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $87.73.

About CF Industries

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.