CF Industries Holdings, Inc. (NYSE:CF) Holdings Boosted by Klein Pavlis & Peasley Financial Inc.

Klein Pavlis & Peasley Financial Inc. grew its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 3.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,630 shares of the basic materials company’s stock after purchasing an additional 1,000 shares during the period. CF Industries makes up 1.8% of Klein Pavlis & Peasley Financial Inc.’s portfolio, making the stock its 17th biggest position. Klein Pavlis & Peasley Financial Inc.’s holdings in CF Industries were worth $2,285,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Westside Investment Management Inc. acquired a new position in CF Industries in the 1st quarter valued at approximately $25,000. Wolff Wiese Magana LLC acquired a new position in shares of CF Industries in the third quarter worth $28,000. Quent Capital LLC raised its holdings 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 acquiring an additional 284 shares in the last quarter. UMB Bank n.a. boosted its position in CF Industries by 40.4% during the second quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock valued at $49,000 after purchasing an additional 191 shares during the last quarter. Finally, Kimelman & Baird LLC purchased a new position in CF Industries in the second quarter valued at about $50,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on CF. BMO Capital Markets lifted their price target on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Royal Bank of Canada lifted their target price 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. Barclays increased their price target on shares of CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a research note on Friday, October 11th. Scotiabank lifted their price objective on shares of CF Industries from $80.00 to $88.00 and gave the company a “sector perform” rating in a research note on Monday, August 12th. Finally, Bank of America downgraded shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price on the stock. in a research report on Wednesday, October 16th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $87.67.

CF Industries Stock Performance

Shares of NYSE CF opened at $83.19 on Monday. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $90.86. The company has a market cap of $15.21 billion, a P/E ratio of 13.82, a P/E/G ratio of 2.49 and a beta of 0.95. The business’s 50 day moving average is $83.10 and its two-hundred day moving average is $78.31. The company has a quick ratio of 4.19, a current ratio of 4.70 and a debt-to-equity ratio of 0.37.

CF Industries (NYSE:CF) last released its earnings results on Wednesday, August 7th. The basic materials company reported $2.30 EPS for the quarter, beating the consensus estimate of $1.80 by $0.50. CF Industries had a net margin of 17.87% and a return on equity of 12.96%. The firm 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 business’s quarterly revenue was down 11.4% compared to the same quarter last year. On average, equities analysts expect that CF Industries Holdings, Inc. will post 5.84 EPS for the current year.

CF Industries Dividend Announcement

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

Insider Buying and Selling

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

CF Industries 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.