Peddock Capital Advisors LLC Has $754,000 Stake in CF Industries Holdings, Inc. (NYSE:CF)

Peddock Capital Advisors LLC lowered its stake in shares of CF Industries Holdings, Inc. (NYSE:CF) by 11.3% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 8,790 shares of the basic materials company’s stock after selling 1,120 shares during the period. Peddock Capital Advisors LLC’s holdings in CF Industries were worth $754,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Concurrent Investment Advisors LLC lifted its position in shares of CF Industries by 4.5% during the 1st quarter. Concurrent Investment Advisors LLC now owns 3,236 shares of the basic materials company’s stock worth $269,000 after buying an additional 140 shares in the last quarter. Bleakley Financial Group LLC lifted its position in shares of CF Industries by 4.8% during the 1st quarter. Bleakley Financial Group LLC now owns 3,089 shares of the basic materials company’s stock worth $257,000 after buying an additional 141 shares in the last quarter. First Horizon Advisors Inc. lifted its position 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 in the last quarter. 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 worth $2,797,000 after buying an additional 153 shares in the last quarter. Finally, Wahed Invest LLC lifted its position in shares of CF Industries by 4.9% during the 4th quarter. Wahed Invest LLC now owns 3,281 shares of the basic materials company’s stock worth $261,000 after buying an additional 154 shares in the last quarter. Institutional investors and hedge funds own 93.06% of the company’s stock.

Insider Activity

In other news, 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 transaction of $648,234.02. Following the completion of the transaction, the vice president now directly owns 29,211 shares in the company, valued at $2,629,574.22. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related 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 value of $648,234.02. Following the completion of the transaction, the vice president now directly owns 29,211 shares in the company, valued at approximately $2,629,574.22. The trade was 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 accessible through the SEC website. 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 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 disclosure for this sale can be found here. Company insiders own 0.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on CF. Royal Bank of Canada lifted their price target on shares of CF Industries from $85.00 to $95.00 and gave the stock an “outperform” rating in a report on Monday, August 12th. UBS Group lifted their price target on shares of CF Industries from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Monday, August 26th. Bank of America lifted their price target on shares of CF Industries from $76.00 to $83.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. Wells Fargo & Company lifted their price target 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. Finally, BMO Capital Markets lifted their price target 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. 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, the company has an average rating of “Hold” and an average price target of $87.60.

CF Industries Stock Performance

CF stock traded up $0.29 during midday trading on Wednesday, reaching $87.10. 148,062 shares of the company’s stock traded hands, compared to its average volume of 2,126,092. The company has a 50-day moving average price of $81.07 and a two-hundred day moving average price of $78.08. 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 Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $90.86. The firm has a market capitalization of $15.92 billion, a PE ratio of 14.42, a price-to-earnings-growth ratio of 2.38 and a beta of 0.95.

CF Industries (NYSE:CF) last released 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. The firm had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.52 billion. CF Industries had a net margin of 17.87% and a return on equity of 12.96%. The business’s revenue for the quarter was down 11.4% on a year-over-year basis. During the same period in the previous year, the business earned $2.70 EPS. As a group, equities analysts anticipate that CF Industries Holdings, Inc. will post 5.83 EPS for the current year.

CF Industries Announces Dividend

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 given 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 2.30%. CF Industries’s dividend payout ratio (DPR) is currently 33.22%.

About CF Industries

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.