CF Industries Holdings, Inc. (NYSE:CF) Shares Purchased by Cerity Partners LLC

Cerity Partners LLC raised its stake in CF Industries Holdings, Inc. (NYSE:CF) by 16.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,051 shares of the basic materials company’s stock after purchasing an additional 1,449 shares during the period. Cerity Partners LLC’s holdings in CF Industries were worth $862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in CF. Wolff Wiese Magana LLC acquired a new stake in CF Industries in the third quarter valued at approximately $28,000. Quent Capital LLC lifted its position in shares of CF Industries by 132.1% during the 3rd quarter. Quent Capital LLC now owns 499 shares of the basic materials company’s stock worth $43,000 after purchasing an additional 284 shares during the last quarter. Catalyst Capital Advisors LLC grew its stake in shares of CF Industries by 262.6% during the third quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company’s stock worth $57,000 after purchasing an additional 478 shares in the last quarter. UMB Bank n.a. increased its holdings in 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 buying an additional 191 shares during the last quarter. Finally, Kimelman & Baird LLC acquired a new stake in CF Industries in the second quarter valued at $50,000. Hedge funds and other institutional investors own 93.06% of the company’s stock.

Insider Activity

In other CF Industries news, EVP Bert A. Frost sold 3,000 shares of CF Industries stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $88.00, for a total transaction of $264,000.00. Following the completion of the transaction, the executive vice president now directly owns 103,155 shares of the company’s stock, valued at $9,077,640. The trade was a 2.83 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Susan L. Menzel sold 2,000 shares of the 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 transaction, the executive vice president now directly owns 66,268 shares in the company, valued at $5,964,120. The trade was a 2.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 22,701 shares of company stock worth $2,052,704 over the last ninety days. Corporate insiders own 0.42% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on CF. Royal Bank of Canada increased their target price on CF Industries from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Redburn Atlantic began coverage on CF Industries in a research report on Friday, October 18th. They set a “neutral” rating and a $77.00 price objective for the company. Bank of America lowered shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 target price on the stock. in a report on Wednesday, October 16th. BMO Capital Markets raised their price target on shares of CF Industries from $95.00 to $100.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. Finally, Mizuho boosted their price objective on shares of CF Industries from $76.00 to $93.00 and gave the company a “neutral” rating in a research report on Wednesday, October 9th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, CF Industries has a consensus rating of “Hold” and a consensus price target of $88.42.

CF Industries Trading Down 2.3 %

Shares of CF opened at $89.37 on Friday. CF Industries Holdings, Inc. has a 12 month low of $69.13 and a 12 month high of $94.46. The stock’s 50-day moving average is $86.45 and its two-hundred day moving average is $80.18. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.52. The stock has a market cap of $15.55 billion, a PE ratio of 14.14, a P/E/G ratio of 2.48 and a beta of 0.98.

CF Industries (NYSE:CF) last released its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.50. The firm had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. CF Industries’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.85 EPS. Equities analysts forecast that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current fiscal year.

CF Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were issued a $0.50 dividend. The ex-dividend date was Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.24%. CF Industries’s dividend payout ratio is currently 31.65%.

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.