Verdence Capital Advisors LLC Buys New Shares in CF Industries Holdings, Inc. (NYSE:CF)

Verdence Capital Advisors LLC purchased a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) in the third quarter, according to its most recent filing with the SEC. The firm purchased 3,036 shares of the basic materials company’s stock, valued at approximately $260,000.

Other large investors have also recently bought and sold shares of the company. Wolff Wiese Magana LLC bought a new stake in shares of CF Industries in the 3rd quarter valued at $28,000. Quent Capital LLC increased its stake in CF Industries by 132.1% in the third quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock valued at $43,000 after purchasing an additional 284 shares in the last quarter. Catalyst Capital Advisors LLC raised its holdings in shares of CF Industries by 262.6% during the third quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock valued at $57,000 after purchasing an additional 478 shares during the period. UMB Bank n.a. boosted its position in shares of CF Industries by 40.4% during the 2nd quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 191 shares in the last quarter. Finally, Kimelman & Baird LLC acquired a new stake in shares of CF Industries in the 2nd quarter valued at about $50,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other CF Industries news, VP Ashraf K. Malik sold 7,201 shares of the business’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 transaction, the vice president now directly owns 29,211 shares in the company, valued at $2,629,574.22. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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 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 sale, the executive vice president now owns 66,268 shares of the company’s stock, valued at approximately $5,964,120. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, 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 transaction of $648,234.02. Following the sale, the vice president now directly owns 29,211 shares in the company, valued at approximately $2,629,574.22. This trade 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 currently owned by corporate insiders.

CF Industries Trading Down 1.0 %

NYSE:CF opened at $84.23 on Wednesday. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $90.86. The firm has a 50-day moving average price of $83.72 and a two-hundred day moving average price of $78.71. The firm has a market cap of $14.66 billion, a price-to-earnings ratio of 13.33, a price-to-earnings-growth ratio of 2.28 and a beta of 0.97. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81.

CF Industries (NYSE:CF) last issued its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.50. The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. CF Industries’s revenue was up 7.6% on a year-over-year basis. During the same period last year, the business posted $0.85 earnings per share. On average, equities analysts expect that CF Industries Holdings, Inc. will post 6.19 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Investors 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 annualized dividend and a yield of 2.37%. CF Industries’s payout ratio is currently 31.65%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. UBS Group increased their price target on CF Industries from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Monday, August 26th. BMO Capital Markets lifted their price target on shares of CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. Redburn Atlantic started coverage on shares of CF Industries in a report on Friday, October 18th. They set a “neutral” rating and a $77.00 price objective on the stock. Wells Fargo & Company lifted their price objective on shares of CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a report on Tuesday, September 24th. Finally, Royal Bank of Canada upped their target price on shares of CF Industries from $95.00 to $100.00 and gave the stock 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 assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $88.42.

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.