CF Industries Holdings, Inc. (NYSE:CF) Shares Bought by Fmr LLC

Fmr LLC boosted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 3.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,286,745 shares of the basic materials company’s stock after acquiring an additional 300,050 shares during the period. Fmr LLC’s holdings in CF Industries were worth $711,003,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Swedbank AB purchased a new stake in shares of CF Industries during the first quarter worth about $19,824,000. Envestnet Portfolio Solutions Inc. grew its holdings 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 buying an additional 7,294 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of CF Industries by 286.0% during the first quarter. Cetera Investment Advisers now owns 34,439 shares of the basic materials company’s stock worth $2,866,000 after buying an additional 25,516 shares in the last quarter. Kingsview Wealth Management LLC purchased a new stake in shares of CF Industries during the third quarter worth about $3,149,000. Finally, AMG National Trust Bank purchased a new stake in shares of CF Industries during the third quarter worth about $887,000. Institutional investors and hedge funds own 93.06% of the company’s stock.

Analyst Ratings Changes

CF has been the subject of a number of recent research reports. BMO Capital Markets lifted their price target 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. Barclays boosted their target price on shares of CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a report on Friday, October 11th. Redburn Atlantic initiated coverage on shares of CF Industries in a report on Friday, October 18th. They issued a “neutral” rating and a $77.00 target price for the company. UBS Group boosted their target price on shares of CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a report on Monday, August 26th. Finally, Royal Bank of Canada boosted their target price on shares of CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $88.42.

CF Industries Price Performance

CF opened at $88.66 on Friday. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $91.06. The company has a 50 day moving average of $85.68 and a two-hundred day moving average of $79.63. The company has a market cap of $15.43 billion, a P/E ratio of 14.03, a P/E/G ratio of 2.31 and a beta of 0.97.

CF Industries (NYSE:CF) last posted its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.50. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The business had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.28 billion. During the same period in the previous year, the company posted $0.85 earnings per share. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. On average, analysts expect that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current year.

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a dividend of $0.50 per share. The ex-dividend date is Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.26%. CF Industries’s payout ratio is currently 31.65%.

Insider Transactions at CF Industries

In related news, EVP Bert A. Frost sold 3,000 shares of the company’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total value of $264,000.00. Following the sale, the executive vice president now directly owns 103,155 shares of the company’s stock, valued at $9,077,640. This represents a 2.83 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Ashraf K. Malik sold 7,000 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $90.78, for a total transaction of $635,460.00. Following the completion of the sale, the vice president now directly owns 22,211 shares in the company, valued at $2,016,314.58. This represents a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 19,201 shares of company stock valued at $1,727,694. Corporate 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.