Teachers Retirement System of The State of Kentucky Has $14.03 Million Stake in CF Industries Holdings, Inc. (NYSE:CF)

Teachers Retirement System of The State of Kentucky decreased its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 18.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 189,243 shares of the basic materials company’s stock after selling 42,924 shares during the quarter. Teachers Retirement System of The State of Kentucky owned about 0.10% of CF Industries worth $14,027,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Victory Capital Management Inc. grew its position in shares of CF Industries by 401.2% during the 2nd quarter. Victory Capital Management Inc. now owns 3,639,079 shares of the basic materials company’s stock worth $269,729,000 after buying an additional 2,912,942 shares during the period. Boston Partners grew its position in CF Industries by 37.5% in the 1st quarter. Boston Partners now owns 3,063,854 shares of the basic materials company’s stock valued at $254,920,000 after purchasing an additional 835,557 shares during the period. First Trust Advisors LP grew its position in CF Industries by 16.5% in the 4th quarter. First Trust Advisors LP now owns 2,928,039 shares of the basic materials company’s stock valued at $232,779,000 after purchasing an additional 414,785 shares during the period. Dimensional Fund Advisors LP grew its position in CF Industries by 7.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,871,116 shares of the basic materials company’s stock valued at $212,823,000 after purchasing an additional 198,246 shares during the period. Finally, Earnest Partners LLC grew its position in CF Industries by 2.8% in the 2nd quarter. Earnest Partners LLC now owns 2,193,528 shares of the basic materials company’s stock valued at $162,584,000 after purchasing an additional 59,674 shares during the period. Institutional investors and hedge funds own 93.06% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on CF shares. Scotiabank lifted their price target on shares of CF Industries from $80.00 to $88.00 and gave the company a “sector perform” rating in a research report on Monday, August 12th. UBS Group lifted their price target on shares of CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Monday, August 26th. Royal Bank of Canada lifted their price objective on shares of CF Industries from $85.00 to $95.00 and gave the stock an “outperform” rating in a report on Monday, August 12th. Barclays raised shares of CF Industries from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $80.00 to $90.00 in a report on Friday, August 16th. Finally, BMO Capital Markets lifted their price objective on shares of CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $87.73.

CF Industries Trading Up 1.6 %

NYSE CF opened at $87.21 on Wednesday. The stock has a market capitalization of $15.94 billion, a price-to-earnings ratio of 14.49, a PEG ratio of 2.38 and a beta of 0.95. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year high of $88.16. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.70 and a quick ratio of 4.19. The business’s fifty day moving average is $79.64 and its 200-day moving average is $77.98.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, August 7th. The basic materials company reported $2.30 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.50. The company had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.52 billion. CF Industries had a return on equity of 12.96% and a net margin of 17.87%. The business’s revenue for the quarter was down 11.4% compared to the same quarter last year. During the same period in the previous year, the business posted $2.70 EPS. Equities research analysts predict that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Thursday, August 15th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend was Thursday, August 15th. CF Industries’s dividend payout ratio is currently 33.22%.

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.