4,779 Shares in CF Industries Holdings, Inc. (NYSE:CF) Purchased by Quest Partners LLC

Quest Partners LLC bought a new stake in CF Industries Holdings, Inc. (NYSE:CF) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,779 shares of the basic materials company’s stock, valued at approximately $410,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of CF. AMG National Trust Bank bought a new position in CF Industries during the third quarter valued at $887,000. Thrivent Financial for Lutherans grew its stake in shares of CF Industries by 10.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,300,485 shares of the basic materials company’s stock worth $111,582,000 after acquiring an additional 120,193 shares during the period. Natixis Advisors LLC increased its holdings in CF Industries by 20.0% in the 3rd quarter. Natixis Advisors LLC now owns 266,866 shares of the basic materials company’s stock worth $22,897,000 after acquiring an additional 44,393 shares during the last quarter. CIBC Asset Management Inc raised its stake in CF Industries by 6.0% in the 3rd quarter. CIBC Asset Management Inc now owns 31,203 shares of the basic materials company’s stock valued at $2,677,000 after acquiring an additional 1,769 shares during the period. Finally, ING Groep NV lifted its holdings in CF Industries by 288.8% during the third quarter. ING Groep NV now owns 95,628 shares of the basic materials company’s stock valued at $8,205,000 after purchasing an additional 71,032 shares during the last quarter. 93.06% of the stock is owned by institutional investors.

CF Industries Stock Down 0.9 %

Shares of NYSE CF opened at $89.79 on Monday. The business has a 50-day moving average of $85.25 and a 200-day moving average of $79.38. The firm has a market capitalization of $15.63 billion, a price-to-earnings ratio of 14.21, a PEG ratio of 2.39 and a beta of 0.97. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $91.06.

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, 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 firm had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same quarter in the prior year, the firm earned $0.85 EPS. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. Sell-side analysts expect that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date of this dividend is Friday, November 15th. CF Industries’s payout ratio is currently 31.65%.

Insider Activity

In other CF Industries news, 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 completion of the sale, the vice president now directly owns 29,211 shares in the company, valued at $2,629,574.22. This represents a 19.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, 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 owns 66,268 shares in the company, valued at approximately $5,964,120. This represents a 2.93 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 19,201 shares of company stock worth $1,727,694. 0.42% of the stock is currently owned by insiders.

Analyst Ratings Changes

CF has been the topic of several research reports. BMO Capital Markets boosted 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. Piper Sandler increased their target price on CF Industries from $77.00 to $79.00 and gave the stock an “underweight” rating in a research report on Friday, November 8th. Bank of America cut CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target for the company. in a research report on Wednesday, October 16th. Scotiabank increased their price objective on CF Industries from $80.00 to $88.00 and gave the stock a “sector perform” rating in a report on Monday, August 12th. Finally, Barclays lifted their target price on CF Industries from $90.00 to $96.00 and gave the company an “overweight” rating in a report on Friday, October 11th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, CF Industries currently has a consensus rating of “Hold” and an average target price of $88.42.

CF Industries Company 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.