CF Industries Holdings, Inc. (NYSE:CF) Shares Sold by Fulton Bank N.A.

Fulton Bank N.A. cut its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 75.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,463 shares of the basic materials company’s stock after selling 16,738 shares during the period. Fulton Bank N.A.’s holdings in CF Industries were worth $469,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in CF. Councilmark Asset Management LLC purchased a new position in shares of CF Industries during the 1st quarter valued at approximately $1,251,000. Quantbot Technologies LP acquired a new position in shares of CF Industries in the first quarter worth about $610,000. Guidance Capital Inc. purchased a new stake in shares of CF Industries during the 1st quarter worth about $863,000. Swedbank AB acquired a new stake in shares of CF Industries during the 1st quarter valued at about $19,824,000. Finally, Goldman Sachs Group Inc. raised its holdings in CF Industries by 68.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,546,331 shares of the basic materials company’s stock worth $122,933,000 after purchasing an additional 630,264 shares during the period. 93.06% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

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

CF Industries Stock Down 1.5 %

CF stock opened at $86.82 on Wednesday. The company has a current ratio of 4.70, a quick ratio of 4.19 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average of $81.07 and a two-hundred day moving average of $78.08. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $90.86. The company has a market cap of $15.87 billion, a price-to-earnings ratio of 14.42, a PEG ratio of 2.38 and a beta of 0.95.

CF Industries (NYSE:CF) last posted its quarterly earnings results on Wednesday, August 7th. The basic materials company reported $2.30 EPS for the quarter, beating the consensus estimate of $1.80 by $0.50. The firm had revenue of $1.57 billion during 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 business’s revenue for the quarter was down 11.4% on a year-over-year basis. During the same quarter last year, the firm earned $2.70 earnings per share. As a group, analysts forecast that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors 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 2.30%. The ex-dividend date of this dividend is Friday, November 15th. CF Industries’s dividend payout ratio is currently 33.22%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. UBS Group raised their price objective on CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a report on Monday, August 26th. Scotiabank lifted 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. Royal Bank of Canada upped their price objective on shares of CF Industries from $85.00 to $95.00 and gave the stock an “outperform” rating in a research report on Monday, August 12th. Barclays upgraded shares of CF Industries from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $80.00 to $90.00 in a research report on Friday, August 16th. Finally, Wells Fargo & Company raised their price target on shares of CF Industries from $88.00 to $92.00 and gave the company an “overweight” rating in a research note on Tuesday, September 24th. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $87.60.

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.