BluePath Capital Management LLC Purchases 2,481 Shares of CF Industries Holdings, Inc. (NYSE:CF)

BluePath Capital Management LLC grew its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 31.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,474 shares of the basic materials company’s stock after buying an additional 2,481 shares during the period. BluePath Capital Management LLC’s holdings in CF Industries were worth $899,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of CF. Victory Capital Management Inc. boosted its stake in shares of CF Industries by 401.2% during the second quarter. Victory Capital Management Inc. now owns 3,639,079 shares of the basic materials company’s stock valued at $269,729,000 after purchasing an additional 2,912,942 shares during the period. Boston Partners raised its holdings in CF Industries by 37.5% in the first quarter. Boston Partners now owns 3,063,854 shares of the basic materials company’s stock worth $254,920,000 after purchasing an additional 835,557 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of 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 last quarter. Earnest Partners LLC raised its position in shares of 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 last quarter. Finally, Sei Investments Co. raised its position in shares of CF Industries by 5.1% in the 2nd quarter. Sei Investments Co. now owns 1,422,493 shares of the basic materials company’s stock valued at $105,435,000 after purchasing an additional 68,834 shares during the last quarter. Institutional investors own 93.06% of the company’s stock.

Insider Transactions at CF Industries

In related news, VP Ashraf K. Malik sold 7,201 shares of the firm’s stock in a transaction dated Friday, October 4th. The stock was 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 directly owns 29,211 shares of the company’s stock, valued at approximately $2,629,574.22. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other CF Industries news, EVP Susan L. Menzel sold 2,000 shares of CF Industries stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $90.00, for a total value of $180,000.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Ashraf K. Malik sold 7,201 shares of CF Industries 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 completion of the transaction, the vice president now directly owns 29,211 shares of the company’s stock, valued at approximately $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. Insiders own 0.42% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on CF. Wells Fargo & Company increased their price objective on shares of CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research report on Tuesday, September 24th. UBS Group increased their price objective 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 increased their price target 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. Bank of America downgraded shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target on the stock. in a report on Wednesday, October 16th. Finally, Redburn Atlantic assumed coverage on shares of CF Industries in a report on Friday, October 18th. They issued a “neutral” rating and a $77.00 price target on the stock. Two analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the stock. According to MarketBeat, CF Industries has an average rating of “Hold” and a consensus price target of $87.67.

CF Industries Trading Up 2.2 %

Shares of CF stock opened at $84.06 on Friday. The stock’s fifty day moving average is $83.32 and its two-hundred day moving average is $78.43. The company has a debt-to-equity ratio of 0.37, a quick ratio of 4.19 and a current ratio of 4.70. The firm has a market capitalization of $15.17 billion, a P/E ratio of 13.30, a PEG ratio of 2.33 and a beta of 0.95. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $90.86.

CF Industries (NYSE:CF) last announced its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.50. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. CF Industries had a return on equity of 14.39% and a net margin of 19.45%. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.85 EPS. Research analysts expect that CF Industries Holdings, Inc. will post 5.86 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a dividend of $0.50 per share. The ex-dividend date is Friday, November 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.38%. CF Industries’s dividend payout ratio is presently 31.65%.

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.