CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd decreased its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 18.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,309 shares of the basic materials company’s stock after selling 18,379 shares during the period. Mediolanum International Funds Ltd’s holdings in CF Industries were worth $6,781,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Westside Investment Management Inc. acquired a new position in shares of CF Industries during the first quarter worth $25,000. Wolff Wiese Magana LLC acquired a new position in shares of CF Industries during the third quarter worth $28,000. Quent Capital LLC grew its stake in shares of CF Industries by 132.1% during the third quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock worth $43,000 after purchasing an additional 284 shares in the last quarter. UMB Bank n.a. grew its stake in shares of CF Industries by 40.4% during the second quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 191 shares in the last quarter. Finally, Kimelman & Baird LLC acquired a new position in shares of CF Industries during the second quarter worth $50,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

Insider Activity

In other news, EVP Susan L. Menzel sold 2,000 shares of the stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $90.00, for a total value of $180,000.00. Following the sale, the executive vice president now directly owns 66,268 shares in the company, valued at $5,964,120. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, EVP Susan L. Menzel sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $90.00, for a total transaction of $180,000.00. Following the sale, the executive vice president now owns 66,268 shares in the company, valued at approximately $5,964,120. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Ashraf K. Malik sold 7,201 shares of the firm’s stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $90.02, for a total transaction of $648,234.02. Following the sale, the vice president now owns 29,211 shares in the company, valued at approximately $2,629,574.22. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.42% of the company’s stock.

CF Industries Trading Down 0.0 %

Shares of CF opened at $83.19 on Friday. The company has a current ratio of 4.70, a quick ratio of 4.19 and a debt-to-equity ratio of 0.37. The firm’s 50-day moving average is $83.10 and its two-hundred day moving average is $78.34. CF Industries Holdings, Inc. has a twelve month low of $69.13 and a twelve month high of $90.86. The firm has a market capitalization of $15.21 billion, a P/E ratio of 13.82, a PEG ratio of 2.49 and a beta of 0.95.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, August 7th. The basic materials company reported $2.30 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.50. The company had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.52 billion. CF Industries had a net margin of 17.87% and a return on equity of 12.96%. The firm’s revenue for the quarter was down 11.4% compared to the same quarter last year. During the same period in the prior year, the business posted $2.70 earnings per share. On average, research analysts predict that CF Industries Holdings, Inc. will post 5.84 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a $0.50 dividend. The ex-dividend date is Friday, November 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.40%. CF Industries’s dividend payout ratio is presently 33.22%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Redburn Atlantic initiated coverage on shares of CF Industries in a research note on Friday, October 18th. They set a “neutral” rating and a $77.00 target price for the company. Wells Fargo & Company upped their price objective on shares of CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research note on Tuesday, September 24th. Bank of America downgraded shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price objective for the company. in a research note on Wednesday, October 16th. BMO Capital Markets upped their price objective on shares of CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. Finally, Royal Bank of Canada upped their price objective on shares of CF Industries from $85.00 to $95.00 and gave the company an “outperform” rating in a research note on Monday, August 12th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, CF Industries has an average rating of “Hold” and a consensus target price of $87.67.

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.