CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Optimum Investment Advisors

Optimum Investment Advisors lessened its position in shares of CF Industries Holdings, Inc. (NYSE:CF) by 38.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 400 shares of the basic materials company’s stock after selling 250 shares during the quarter. Optimum Investment Advisors’ holdings in CF Industries were worth $34,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Concurrent Investment Advisors LLC increased its stake in shares of CF Industries by 4.5% in the 1st quarter. Concurrent Investment Advisors LLC now owns 3,236 shares of the basic materials company’s stock valued at $269,000 after purchasing an additional 140 shares in the last quarter. Bleakley Financial Group LLC increased its position in shares of CF Industries by 4.8% in the first quarter. Bleakley Financial Group LLC now owns 3,089 shares of the basic materials company’s stock valued at $257,000 after buying an additional 141 shares in the last quarter. First Horizon Advisors Inc. raised its stake in shares of CF Industries by 8.5% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,869 shares of the basic materials company’s stock worth $139,000 after buying an additional 146 shares during the period. Czech National Bank lifted its position in shares of CF Industries by 0.5% during the 1st quarter. Czech National Bank now owns 33,616 shares of the basic materials company’s stock valued at $2,797,000 after buying an additional 153 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV grew its stake in CF Industries by 28.1% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 761 shares of the basic materials company’s stock valued at $56,000 after acquiring an additional 167 shares during the period. Institutional investors and hedge funds own 93.06% of the company’s stock.

Insider Activity

In other CF Industries news, EVP Susan L. Menzel sold 2,000 shares of the firm’s stock in a transaction on Friday, October 4th. The stock was sold at an average price of $90.00, for a total transaction 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 $5,964,120. This trade represents 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, VP Ashraf K. Malik sold 7,201 shares of the stock in a transaction that occurred on 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 transaction, the vice president now owns 29,211 shares of the company’s stock, valued at approximately $2,629,574.22. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Susan L. Menzel sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, October 4th. The shares were 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 directly owns 66,268 shares in the company, valued at approximately $5,964,120. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.42% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on CF shares. Wells Fargo & Company increased 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. Scotiabank raised their price target on shares of CF Industries from $80.00 to $88.00 and gave the company a “sector perform” rating in a research note on Monday, August 12th. Redburn Atlantic assumed coverage on CF Industries in a research note on Friday. They set a “neutral” rating and a $77.00 price objective for the company. Mizuho raised their target price on CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a research report on Wednesday, October 9th. Finally, 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. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, CF Industries currently has an average rating of “Hold” and a consensus price target of $87.67.

CF Industries Stock Performance

NYSE CF opened at $83.99 on Friday. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $90.86. The firm has a market capitalization of $15.35 billion, a P/E ratio of 13.95, a price-to-earnings-growth ratio of 2.49 and a beta of 0.95. The stock’s fifty day moving average is $82.79 and its two-hundred day moving average is $78.33. 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 announced its quarterly earnings results on Wednesday, August 7th. The basic materials company reported $2.30 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.50. CF Industries had a net margin of 17.87% and a return on equity of 12.96%. The firm had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the previous year, the company posted $2.70 EPS. The company’s revenue was down 11.4% compared to the same quarter last year. On average, research analysts anticipate that CF Industries Holdings, Inc. will post 5.84 earnings per share for the current year.

CF Industries Dividend Announcement

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 issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.38%. CF Industries’s dividend payout ratio is currently 33.22%.

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.