2,706 Shares in CF Industries Holdings, Inc. (NYSE:CF) Bought by Bleakley Financial Group LLC

Bleakley Financial Group LLC acquired a new position in shares of CF Industries Holdings, Inc. (NYSE:CF) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,706 shares of the basic materials company’s stock, valued at approximately $232,000.

A number of other large investors have also recently made changes to their positions in the business. Westside Investment Management Inc. acquired a new stake in shares of CF Industries in the 1st quarter worth about $25,000. Wolff Wiese Magana LLC purchased a new stake in shares of CF Industries in the third quarter worth approximately $28,000. Quent Capital LLC lifted its holdings in shares of 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. UMB Bank n.a. grew its holdings in CF Industries by 40.4% during the second quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock worth $49,000 after buying an additional 191 shares in the last quarter. Finally, Kimelman & Baird LLC purchased a new stake in CF Industries in the 2nd quarter valued at $50,000. 93.06% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Wells Fargo & Company lifted their price objective on shares of CF Industries from $88.00 to $92.00 and gave the stock an “overweight” rating in a report on Tuesday, September 24th. Mizuho lifted their target price on shares of CF Industries from $76.00 to $93.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 9th. Scotiabank upped their target price on CF Industries from $80.00 to $88.00 and gave the company a “sector perform” rating in a report on Monday, August 12th. Barclays lifted their price target on CF Industries from $90.00 to $96.00 and gave the stock an “overweight” rating in a report on Friday, October 11th. Finally, Royal Bank of Canada raised their target price on CF Industries from $85.00 to $95.00 and gave the company an “outperform” rating in a research report on Monday, August 12th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $87.67.

CF Industries Trading Up 0.3 %

Shares of CF Industries stock opened at $84.17 on Thursday. The stock has a market capitalization of $15.38 billion, a P/E ratio of 13.98, a P/E/G ratio of 2.49 and a beta of 0.95. CF Industries Holdings, Inc. has a 52-week low of $69.13 and a 52-week high of $90.86. The company has a debt-to-equity ratio of 0.37, a quick ratio of 4.19 and a current ratio of 4.70. The stock’s 50-day simple moving average is $82.99 and its 200 day simple moving average is $78.29.

CF Industries (NYSE:CF) last announced its quarterly earnings results 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. CF Industries had a net margin of 17.87% and a return on equity of 12.96%. The company had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same period in the prior year, the company posted $2.70 EPS. CF Industries’s revenue was down 11.4% compared to the same quarter last year. As a group, research analysts anticipate that CF Industries Holdings, Inc. will post 5.84 EPS for the current year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.38%. The ex-dividend date of this dividend is Friday, November 15th. CF Industries’s dividend payout ratio (DPR) is presently 33.22%.

Insider Activity at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 7,201 shares of the firm’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $90.02, for a total value of $648,234.02. Following the completion of the transaction, the vice president now owns 29,211 shares in the company, valued at $2,629,574.22. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other CF Industries news, VP Ashraf K. Malik sold 7,201 shares of the firm’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 transaction, the vice president now directly owns 29,211 shares of the company’s stock, valued at $2,629,574.22. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, 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 completion of the transaction, 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. 0.42% of the stock is currently owned by corporate insiders.

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.