CF Industries Holdings, Inc. (NYSE:CF) Shares Bought by Handelsbanken Fonder AB

Handelsbanken Fonder AB grew its holdings in CF Industries Holdings, Inc. (NYSE:CF) by 23.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,300 shares of the basic materials company’s stock after acquiring an additional 8,000 shares during the period. Handelsbanken Fonder AB’s holdings in CF Industries were worth $3,629,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Victory Capital Management Inc. lifted its stake in CF Industries by 401.2% in the second quarter. Victory Capital Management Inc. now owns 3,639,079 shares of the basic materials company’s stock worth $269,729,000 after acquiring an additional 2,912,942 shares during the last quarter. Boston Partners lifted its position in shares of CF Industries by 37.5% during the 1st quarter. Boston Partners now owns 3,063,854 shares of the basic materials company’s stock worth $254,920,000 after purchasing an additional 835,557 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of CF Industries by 7.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,871,116 shares of the basic materials company’s stock worth $212,823,000 after purchasing an additional 198,246 shares during the last quarter. Earnest Partners LLC grew its stake in shares of CF Industries by 2.8% during the second quarter. Earnest Partners LLC now owns 2,193,528 shares of the basic materials company’s stock worth $162,584,000 after purchasing an additional 59,674 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in CF Industries by 68.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,546,331 shares of the basic materials company’s stock valued at $122,933,000 after buying an additional 630,264 shares during the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Trading Down 1.5 %

NYSE CF opened at $86.82 on Wednesday. The firm’s fifty day moving average is $81.07 and its two-hundred day moving average is $78.08. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year 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 firm has a market cap of $15.87 billion, a PE ratio of 14.42, a P/E/G ratio of 2.38 and a beta of 0.95.

CF Industries (NYSE:CF) last posted its quarterly earnings data 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. CF Industries had a return on equity of 12.96% and a net margin of 17.87%. The firm had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the prior year, the business earned $2.70 EPS. The firm’s revenue was down 11.4% compared to the same quarter last year. Analysts expect that CF Industries Holdings, Inc. will post 5.83 earnings per share for the current year.

CF Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.30%. The ex-dividend date is Friday, November 15th. CF Industries’s dividend payout ratio is presently 33.22%.

Insider Activity at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 7,201 shares of the company’s stock in a transaction 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 in the company, valued at approximately $2,629,574.22. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP Susan L. Menzel sold 2,000 shares of CF Industries stock in a transaction that occurred on 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 in the company, valued at $5,964,120. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Ashraf K. Malik sold 7,201 shares of the 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 completion of the transaction, the vice president now owns 29,211 shares of the company’s stock, valued at $2,629,574.22. 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 insiders.

Wall Street Analysts Forecast Growth

CF has been the subject of a number of recent analyst reports. Royal Bank of Canada lifted their price target on CF Industries from $85.00 to $95.00 and gave the stock an “outperform” rating in a report on Monday, August 12th. UBS Group upped their price target on CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a report on Monday, August 26th. BMO Capital Markets raised their price objective on shares of CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. Barclays upgraded shares of CF Industries from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $80.00 to $90.00 in a report on Friday, August 16th. Finally, Scotiabank lifted their price target on shares of CF Industries from $80.00 to $88.00 and gave the stock a “sector perform” rating in a research note on Monday, August 12th. One equities research analyst has rated the stock with a sell rating, four 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 has an average rating of “Hold” and an average 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.