Invictus RG bought a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 5,707 shares of the basic materials company’s stock, valued at approximately $311,000.
Several other institutional investors have also modified their holdings of CF. Huntington National Bank bought a new stake in shares of CF Industries during the 3rd quarter valued at $112,000. Blackhawk Capital Partners LLC. raised its position in shares of CF Industries by 485.7% during the 2nd quarter. Blackhawk Capital Partners LLC. now owns 2,665 shares of the basic materials company’s stock valued at $118,000 after acquiring an additional 2,210 shares during the last quarter. Piedmont Investment Advisors LLC bought a new stake in shares of CF Industries during the 2nd quarter valued at $121,000. Point72 Hong Kong Ltd bought a new stake in shares of CF Industries during the 2nd quarter valued at $127,000. Finally, Almanack Investment Partners LLC. bought a new stake in shares of CF Industries during the 3rd quarter valued at $145,000. Institutional investors own 95.83% of the company’s stock.
Several analysts have commented on the stock. Zacks Investment Research cut shares of CF Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, August 14th. Barclays assumed coverage on shares of CF Industries in a research report on Tuesday, September 4th. They set an “equal weight” rating and a $55.00 target price for the company. ValuEngine cut shares of CF Industries from a “strong-buy” rating to a “buy” rating in a research report on Thursday, November 15th. TheStreet upgraded shares of CF Industries from a “c+” rating to a “b-” rating in a research report on Thursday, September 13th. Finally, Morgan Stanley boosted their price target on shares of CF Industries from $37.00 to $60.00 and gave the company a “hold” rating in a report on Wednesday, October 10th. Nine investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $51.52.
Shares of CF stock opened at $41.56 on Friday. CF Industries Holdings, Inc. has a 12-month low of $35.70 and a 12-month high of $56.51. The firm has a market capitalization of $9.82 billion, a PE ratio of -166.24, a PEG ratio of 4.43 and a beta of 1.06. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.03 and a quick ratio of 1.69.
CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, October 31st. The basic materials company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.02). CF Industries had a net margin of 16.06% and a return on equity of 3.69%. The firm had revenue of $1.04 billion during the quarter, compared to analyst estimates of $993.94 million. During the same period last year, the firm earned ($0.39) EPS. CF Industries’s quarterly revenue was up 19.5% on a year-over-year basis. Equities analysts expect that CF Industries Holdings, Inc. will post 1.6 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, November 30th. Investors of record on Thursday, November 15th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date was Wednesday, November 14th. CF Industries’s payout ratio is presently -480.00%.
In related news, Director Stephen A. Furbacher sold 3,500 shares of the company’s stock in a transaction on Friday, November 9th. The shares were sold at an average price of $52.45, for a total value of $183,575.00. Following the completion of the transaction, the director now directly owns 50,190 shares of the company’s stock, valued at approximately $2,632,465.50. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.00% of the stock is currently owned by corporate insiders.
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About CF Industries
CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, and Other segments. Its principal nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate.
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