CF Industries Holdings, Inc. (NYSE:CF) Stock Position Lowered by Applied Finance Capital Management LLC

Applied Finance Capital Management LLC lowered its position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 46.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 145,632 shares of the basic materials company's stock after selling 125,290 shares during the quarter. Applied Finance Capital Management LLC owned 0.08% of CF Industries worth $12,495,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norden Group LLC acquired a new stake in shares of CF Industries during the first quarter worth approximately $467,000. Advisory Services Network LLC increased its position in shares of CF Industries by 3.2% in the 1st quarter. Advisory Services Network LLC now owns 34,668 shares of the basic materials company's stock worth $2,885,000 after purchasing an additional 1,086 shares during the last quarter. Empirical Finance LLC raised its stake in shares of CF Industries by 2.1% in the 1st quarter. Empirical Finance LLC now owns 13,559 shares of the basic materials company's stock valued at $1,128,000 after purchasing an additional 281 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of CF Industries by 14.8% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 42,949 shares of the basic materials company's stock worth $3,574,000 after purchasing an additional 5,531 shares during the last quarter. Finally, LSV Asset Management grew its stake in CF Industries by 15,970.0% in the first quarter. LSV Asset Management now owns 160,700 shares of the basic materials company's stock worth $13,372,000 after purchasing an additional 159,700 shares in the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Stock Performance

CF stock traded down $0.93 on Friday, reaching $83.71. The company's stock had a trading volume of 2,141,062 shares, compared to its average volume of 1,572,519. CF Industries Holdings, Inc. has a 52 week low of $69.13 and a 52 week high of $90.86. 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 company has a market capitalization of $14.57 billion, a P/E ratio of 13.25, a price-to-earnings-growth ratio of 2.26 and a beta of 0.97. The firm has a fifty day moving average of $83.58 and a two-hundred day moving average of $78.65.

CF Industries (NYSE:CF - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, beating analysts' consensus estimates of $1.05 by $0.50. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. The company's quarterly revenue was up 7.6% compared to the same quarter last year. During the same period last year, the company earned $0.85 earnings per share. As a group, analysts predict that CF Industries Holdings, Inc. will post 6.12 EPS for the current fiscal year.

CF Industries Announces Dividend

The business also recently disclosed 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 2.39%. The ex-dividend date of this dividend is Friday, November 15th. CF Industries's dividend payout ratio (DPR) is presently 31.65%.

Insider Activity

In other news, VP Ashraf K. Malik sold 7,201 shares of the company's 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 sale, the vice president now owns 29,211 shares in the company, valued at $2,629,574.22. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. In other CF Industries news, 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 value of $180,000.00. Following the transaction, the executive vice president now owns 66,268 shares of the company's stock, valued at approximately $5,964,120. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Ashraf K. Malik sold 7,201 shares of CF Industries 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 in the company, valued at $2,629,574.22. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.42% of the company's stock.

Wall Street Analyst Weigh In

CF has been the topic of several research reports. Mizuho upped their price objective on CF Industries from $76.00 to $93.00 and gave the company a "neutral" rating in a research note on Wednesday, October 9th. Redburn Atlantic initiated coverage on shares of CF Industries in a research note on Friday, October 18th. They set a "neutral" rating and a $77.00 target price for the company. Scotiabank raised 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 report on Monday, August 12th. Barclays boosted their price objective on shares of CF Industries from $90.00 to $96.00 and gave the company an "overweight" rating in a research report on Friday, October 11th. Finally, BMO Capital Markets raised their target price 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. 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $88.42.

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.