Swiss National Bank Has $46.56 Million Stake in CF Industries Holdings, Inc. (NYSE:CF)

Swiss National Bank lessened its stake in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 2.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 542,600 shares of the basic materials company's stock after selling 13,200 shares during the quarter. Swiss National Bank owned about 0.31% of CF Industries worth $46,555,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Swedbank AB bought a new stake in shares of CF Industries in the first quarter worth about $19,824,000. Envestnet Portfolio Solutions Inc. grew its holdings in shares of CF Industries by 17.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 50,243 shares of the basic materials company's stock worth $3,724,000 after buying an additional 7,294 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of CF Industries by 286.0% during the first quarter. Cetera Investment Advisers now owns 34,439 shares of the basic materials company's stock worth $2,866,000 after buying an additional 25,516 shares in the last quarter. Manning & Napier Advisors LLC bought a new position in shares of CF Industries during the second quarter worth about $4,710,000. Finally, Bayesian Capital Management LP bought a new position in shares of CF Industries during the first quarter worth about $2,384,000. 93.06% of the stock is currently owned by institutional investors.

CF Industries Price Performance

CF Industries stock opened at $89.91 on Thursday. The stock's fifty day moving average price is $84.78 and its two-hundred day moving average price is $79.12. CF Industries Holdings, Inc. has a one year low of $69.13 and a one year 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 firm has a market cap of $15.65 billion, a PE ratio of 14.23, a price-to-earnings-growth ratio of 2.30 and a beta of 0.97.

CF Industries (NYSE:CF - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The basic materials company reported $1.55 EPS for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $1.28 billion. During the same quarter last year, the company earned $0.85 EPS. The company's revenue was up 7.6% on a year-over-year basis. As a group, research analysts expect that CF Industries Holdings, Inc. will post 6.32 EPS for the current fiscal year.

CF Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders 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 dividend yield of 2.22%. 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 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 in the company, valued at approximately $5,964,120. This trade represents a 2.93 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Ashraf K. Malik sold 7,201 shares of the firm's stock in a transaction on Friday, October 4th. The shares were sold at an average price of $90.02, for a total value of $648,234.02. Following the sale, the vice president now directly owns 29,211 shares in the company, valued at approximately $2,629,574.22. This trade represents a 19.78 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.48% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently commented on CF shares. Royal Bank of Canada increased their price target on CF Industries from $95.00 to $100.00 and gave the company an "outperform" rating in a research report on Monday, November 4th. Bank of America cut CF Industries from a "neutral" rating to an "underperform" rating and set a $83.00 price target for the company. in a research report on Wednesday, October 16th. Barclays increased their price target on CF Industries from $90.00 to $96.00 and gave the company an "overweight" rating in a research report on Friday, October 11th. UBS Group raised their price objective on CF Industries from $80.00 to $85.00 and gave the company a "neutral" rating in a research report on Monday, August 26th. Finally, Mizuho raised their price objective on CF Industries from $76.00 to $93.00 and gave the company a "neutral" rating in a research report on Wednesday, October 9th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $88.42.

About CF Industries

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.