Caisse DE Depot ET Placement DU Quebec Purchases 88,432 Shares of CF Industries Holdings, Inc. (NYSE:CF)

Caisse DE Depot ET Placement DU Quebec grew its holdings in shares of CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 17.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 586,919 shares of the basic materials company's stock after purchasing an additional 88,432 shares during the period. Caisse DE Depot ET Placement DU Quebec owned 0.34% of CF Industries worth $50,358,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Wolff Wiese Magana LLC bought a new position in CF Industries during the 3rd quarter worth $28,000. Brooklyn Investment Group acquired a new stake in shares of CF Industries in the 3rd quarter worth about $39,000. Quent Capital LLC lifted its position in CF Industries by 132.1% in the 3rd 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. UMB Bank n.a. boosted 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 purchasing an additional 191 shares during the period. Finally, Kimelman & Baird LLC bought a new position in CF Industries in the 2nd quarter worth about $50,000. 93.06% of the stock is currently owned by institutional investors.

CF Industries Price Performance

Shares of NYSE:CF traded up $1.00 on Friday, reaching $89.66. 914,296 shares of the company traded hands, compared to its average volume of 1,865,608. The stock has a market capitalization of $15.60 billion, a PE ratio of 14.19, a P/E/G ratio of 2.37 and a beta of 0.97. 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's 50 day moving average is $85.96 and its 200-day moving average is $79.84. CF Industries Holdings, Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $91.06.

CF Industries (NYSE:CF - Get Free Report) last announced its earnings results on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.05 by $0.50. The business had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.28 billion. CF Industries had a return on equity of 14.57% and a net margin of 19.45%. CF Industries's revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.85 earnings per share. As a group, analysts anticipate 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 announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 2.23%. The ex-dividend date of this dividend was Friday, November 15th. CF Industries's payout ratio is 31.65%.

Insider Transactions at CF Industries

In other CF Industries news, VP Ashraf K. Malik sold 7,000 shares of the firm's stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $90.78, for a total transaction of $635,460.00. Following the completion of the sale, the vice president now directly owns 22,211 shares in the company, valued at approximately $2,016,314.58. This trade represents a 23.96 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Susan L. Menzel sold 2,000 shares of the company's 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 owns 66,268 shares in the company, valued at $5,964,120. This represents a 2.93 % 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 ninety days. Corporate insiders own 0.42% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CF. Wells Fargo & Company increased their price objective on CF Industries from $88.00 to $92.00 and gave the stock an "overweight" rating in a report on Tuesday, September 24th. Mizuho raised their price target on CF Industries from $76.00 to $93.00 and gave the company a "neutral" rating in a report on Wednesday, October 9th. Barclays upped their price objective on shares of CF Industries from $90.00 to $96.00 and gave the stock an "overweight" rating in a report on Friday, October 11th. 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. Finally, Royal Bank of Canada increased their price objective on shares of CF Industries from $95.00 to $100.00 and gave the company an "outperform" rating in a report on Monday, November 4th. Two research 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 MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price 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.