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

Fmr LLC boosted its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF) by 3.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,286,745 shares of the basic materials company’s stock after acquiring an additional 300,050 shares during the period. Fmr LLC owned 4.76% of CF Industries worth $711,003,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. First Horizon Advisors Inc. grew its stake in 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 valued at $139,000 after acquiring an additional 146 shares in the last quarter. Massmutual Trust Co. FSB ADV grew its stake in CF Industries by 28.1% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 761 shares of the basic materials company’s stock valued at $56,000 after acquiring an additional 167 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in CF Industries by 0.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 23,353 shares of the basic materials company’s stock valued at $2,004,000 after acquiring an additional 179 shares in the last quarter. UMB Bank n.a. grew its stake in CF Industries by 40.4% during the 2nd quarter. UMB Bank n.a. now owns 664 shares of the basic materials company’s stock valued at $49,000 after acquiring an additional 191 shares in the last quarter. Finally, Westwood Holdings Group Inc. grew its stake in CF Industries by 6.2% during the 2nd quarter. Westwood Holdings Group Inc. now owns 3,399 shares of the basic materials company’s stock valued at $252,000 after acquiring an additional 197 shares in the last quarter. Hedge funds and other institutional investors own 93.06% of the company’s stock.

CF Industries Trading Up 0.6 %

Shares of CF Industries stock opened at $88.66 on Friday. The company has a market capitalization of $15.43 billion, a P/E ratio of 14.03, a PEG ratio of 2.31 and a beta of 0.97. The company’s fifty day moving average is $85.68 and its two-hundred day moving average is $79.63. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $91.06.

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

CF Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.26%. The ex-dividend date is Friday, November 15th. CF Industries’s payout ratio is 31.65%.

Insider Activity

In other news, EVP Susan L. Menzel sold 2,000 shares of CF Industries stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $90.00, for a total value of $180,000.00. Following the sale, the executive vice president now owns 66,268 shares of the company’s stock, valued at $5,964,120. The trade was a 2.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Bert A. Frost sold 3,000 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president now owns 103,155 shares of the company’s stock, valued at $9,077,640. This trade represents a 2.83 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 19,201 shares of company stock valued at $1,727,694 over the last quarter. Corporate insiders own 0.42% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on CF shares. Bank of America cut shares of CF Industries from a “neutral” rating to an “underperform” rating and set a $83.00 price target for the company. in a research note on Wednesday, October 16th. Scotiabank increased their target price on shares of CF Industries from $80.00 to $88.00 and gave the company a “sector perform” rating in a research report on Monday, August 12th. Piper Sandler increased their target price on shares of CF Industries from $77.00 to $79.00 and gave the company an “underweight” rating in a research report on Friday, November 8th. UBS Group increased their target price on shares of CF Industries from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Monday, August 26th. Finally, Redburn Atlantic started coverage on shares of CF Industries in a research report on Friday, October 18th. They issued a “neutral” rating and a $77.00 target price on the stock. Two 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. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $88.42.

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.