Forsta AP Fonden Boosts Stake in CF Industries Holdings, Inc. (NYSE:CF)

Forsta AP Fonden increased its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 9.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 39,500 shares of the basic materials company’s stock after purchasing an additional 3,400 shares during the quarter. Forsta AP Fonden’s holdings in CF Industries were worth $3,389,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Westside Investment Management Inc. acquired a new position in shares of CF Industries during the 1st quarter worth approximately $25,000. Wolff Wiese Magana LLC acquired a new position in CF Industries during the third quarter worth $28,000. Quent Capital LLC lifted its holdings in CF Industries by 132.1% during 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. UMB Bank n.a. grew its position in shares of CF Industries by 40.4% in the second quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock valued at $49,000 after purchasing an additional 191 shares during the period. Finally, Kimelman & Baird LLC purchased a new stake in shares of CF Industries during the second quarter worth about $50,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Price Performance

Shares of CF stock opened at $81.36 on Wednesday. The firm’s 50-day moving average is $83.14 and its two-hundred day moving average is $78.34. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $90.86. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.70 and a quick ratio of 4.19. The company has a market capitalization of $14.87 billion, a PE ratio of 13.51, a price-to-earnings-growth ratio of 2.49 and a beta of 0.95.

CF Industries (NYSE:CF) last released its quarterly earnings data on Wednesday, August 7th. The basic materials company reported $2.30 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.50. The firm had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.52 billion. CF Industries had a return on equity of 12.96% and a net margin of 17.87%. The firm’s quarterly revenue was down 11.4% on a year-over-year basis. During the same period in the prior year, the firm posted $2.70 earnings per share. Analysts predict that CF Industries Holdings, Inc. will post 5.84 earnings per share for the current year.

CF Industries Announces Dividend

The firm also recently disclosed 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. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date is Friday, November 15th. CF Industries’s payout ratio is 33.22%.

Analyst Ratings Changes

Several research firms recently issued reports on CF. Barclays lifted their price objective on CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a report on Friday, October 11th. Scotiabank boosted their price target on CF Industries from $80.00 to $88.00 and gave the stock a “sector perform” rating in a research report on Monday, August 12th. Bank of America downgraded CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price objective for the company. in a research note on Wednesday, October 16th. UBS Group lifted their target price on shares of CF Industries from $80.00 to $85.00 and gave the stock a “neutral” rating in a research note on Monday, August 26th. Finally, Royal Bank of Canada increased their target price on shares of CF Industries from $85.00 to $95.00 and gave the company an “outperform” rating in a research report on Monday, August 12th. Two equities 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. According to MarketBeat.com, CF Industries has a consensus rating of “Hold” and a consensus price target of $87.67.

Insider Activity at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 2,000 shares of CF Industries stock in a transaction dated Friday, October 4th. The shares were 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 directly owns 66,268 shares in the company, valued at $5,964,120. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other CF Industries news, EVP Susan L. Menzel sold 2,000 shares of the company’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 transaction, the executive vice president now directly owns 66,268 shares in the company, valued at $5,964,120. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Ashraf K. Malik sold 7,201 shares of the business’s stock in a transaction on Friday, October 4th. The shares were sold at an average price of $90.02, for a total value of $648,234.02. Following the completion of the sale, the vice president now owns 29,211 shares in the company, valued at $2,629,574.22. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.42% of the stock is owned by insiders.

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.