Murphy Pohlad Asset Management LLC Acquires 2,360 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Murphy Pohlad Asset Management LLC raised its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 45.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,600 shares of the basic materials company’s stock after buying an additional 2,360 shares during the period. Murphy Pohlad Asset Management LLC’s holdings in CF Industries were worth $652,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Councilmark Asset Management LLC bought a new stake in CF Industries in the first quarter valued at approximately $1,251,000. Quantbot Technologies LP bought a new position in shares of CF Industries during the first quarter worth approximately $610,000. Swedbank AB bought a new position in shares of CF Industries during the first quarter worth approximately $19,824,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of CF Industries by 113.2% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 99,757 shares of the basic materials company’s stock worth $8,018,000 after purchasing an additional 52,960 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its stake in shares of CF Industries by 17.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 50,243 shares of the basic materials company’s stock worth $3,724,000 after purchasing an additional 7,294 shares during the period. Institutional investors own 93.06% of the company’s stock.

Analyst Upgrades and Downgrades

CF has been the topic of a number of recent research reports. Scotiabank increased their target price on CF Industries from $80.00 to $88.00 and gave the stock a “sector perform” rating in a research note on Monday, August 12th. Mizuho increased their target price on CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 9th. Royal Bank of Canada increased their target price on CF Industries from $85.00 to $95.00 and gave the stock an “outperform” rating in a research note on Monday, August 12th. BMO Capital Markets increased their price target on CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Finally, Wells Fargo & Company increased their price target on CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 24th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price 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 price is $83.32 and its two-hundred day moving average price is $78.43. The company has a market cap of $15.17 billion, a PE ratio of 13.30, a P/E/G 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. The company has a debt-to-equity ratio of 0.37, a quick ratio of 4.19 and a current ratio of 4.70.

CF Industries (NYSE:CF) last issued its earnings results 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 firm had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.28 billion. CF Industries had a return on equity of 14.39% and a net margin of 19.45%. The company’s revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.85 EPS. Equities analysts predict that CF Industries Holdings, Inc. will post 5.86 EPS for the current fiscal year.

CF Industries Announces Dividend

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

Insider Activity

In other news, VP Ashraf K. Malik sold 7,201 shares of the stock in a transaction on Friday, October 4th. The stock was 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 in the company, valued at approximately $2,629,574.22. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, EVP Susan L. Menzel sold 2,000 shares of the stock in a transaction on 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 in the company, valued at approximately $5,964,120. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Ashraf K. Malik sold 7,201 shares of the firm’s stock in a transaction on Friday, October 4th. The stock was sold at an average price of $90.02, for a total value of $648,234.02. Following 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. 0.42% of the stock is owned by corporate insiders.

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.