10,340 Shares in CF Industries Holdings, Inc. (NYSE:CF) Purchased by AMG National Trust Bank

AMG National Trust Bank bought a new position in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 10,340 shares of the basic materials company's stock, valued at approximately $887,000.

Several other hedge funds have also recently bought and sold shares of the stock. Wolff Wiese Magana LLC acquired a new stake in shares of CF Industries in the third quarter valued at approximately $28,000. Quent Capital LLC raised its holdings in shares of CF Industries by 132.1% in the third quarter. Quent Capital LLC now owns 499 shares of the basic materials company's stock valued at $43,000 after purchasing an additional 284 shares during the last quarter. Catalyst Capital Advisors LLC raised its holdings in shares of CF Industries by 262.6% in the third quarter. Catalyst Capital Advisors LLC now owns 660 shares of the basic materials company's stock valued at $57,000 after purchasing an additional 478 shares during the last quarter. UMB Bank n.a. grew its stake in shares of 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 in the last quarter. Finally, Kimelman & Baird LLC bought a new position in shares of CF Industries in the second quarter valued at $50,000. 93.06% of the stock is currently owned by institutional investors and hedge funds.

CF Industries Trading Up 2.7 %

CF stock traded up $2.37 during midday trading on Wednesday, hitting $89.91. The company had a trading volume of 2,193,585 shares, compared to its average volume of 2,074,830. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.38. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $90.86. The stock's 50 day moving average price is $84.53 and its 200 day moving average price is $79.04. The stock has a market cap of $15.65 billion, a price-to-earnings ratio of 13.85, a PEG ratio of 2.30 and a beta of 0.97.

CF Industries (NYSE:CF - Get Free Report) last announced its quarterly earnings data 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. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The firm had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter in the previous year, the company posted $0.85 earnings per share. The business's revenue was up 7.6% on a year-over-year basis. As a group, equities research analysts expect that CF Industries Holdings, Inc. will post 6.32 earnings per share for the current fiscal year.

CF Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a $0.50 dividend. The ex-dividend date is Friday, November 15th. This represents a $2.00 annualized dividend and a yield of 2.22%. CF Industries's payout ratio is 31.65%.

Analyst Ratings Changes

CF has been the subject of several analyst reports. Mizuho raised their target price on shares of CF Industries from $76.00 to $93.00 and gave the company a "neutral" rating in a research note on Wednesday, October 9th. UBS Group raised their target price on shares of CF Industries from $80.00 to $85.00 and gave the company a "neutral" rating in a research note on Monday, August 26th. Scotiabank raised 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 note on Monday, August 12th. Redburn Atlantic began coverage on shares of CF Industries in a research report on Friday, October 18th. They set a "neutral" rating and a $77.00 price objective for the company. Finally, Bank of America cut shares of CF Industries from a "neutral" rating to an "underperform" rating and set a $83.00 price objective for the company. in a research report on Wednesday, October 16th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $88.42.

Insider Transactions at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 7,201 shares of the stock in a transaction dated 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 approximately $2,629,574.22. This represents a 19.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 value 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 approximately $5,964,120. This represents a 2.93 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.48% of the company's stock.

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.