Entropy Technologies LP Grows Stock Position in CF Industries Holdings, Inc. (NYSE:CF)

Entropy Technologies LP increased its position in CF Industries Holdings, Inc. (NYSE:CF - Free Report) by 104.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,111 shares of the basic materials company's stock after buying an additional 15,866 shares during the quarter. Entropy Technologies LP's holdings in CF Industries were worth $2,669,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Councilmark Asset Management LLC bought a new stake in CF Industries in the first quarter valued at $1,251,000. Quantbot Technologies LP bought a new stake in shares of CF Industries during the 1st quarter valued at $610,000. Swedbank AB bought a new stake in shares of CF Industries during the 1st quarter valued at $19,824,000. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of CF Industries by 17.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 50,243 shares of the basic materials company's stock valued at $3,724,000 after buying an additional 7,294 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of CF Industries by 286.0% during the 1st quarter. Cetera Investment Advisers now owns 34,439 shares of the basic materials company's stock valued at $2,866,000 after buying an additional 25,516 shares in the last quarter. 93.06% of the stock is owned by hedge funds and other institutional investors.

CF Industries Stock Performance

Shares of NYSE CF traded down $0.85 during midday trading on Tuesday, hitting $84.23. 2,343,334 shares of the company's stock traded hands, compared to its average volume of 2,079,672. CF Industries Holdings, Inc. has a 1 year low of $69.13 and a 1 year high of $90.86. The stock has a market capitalization of $14.66 billion, a price-to-earnings ratio of 13.46, a price-to-earnings-growth ratio of 2.28 and a beta of 0.97. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.52 and a current ratio of 2.81. The firm has a fifty day moving average of $83.62 and a 200 day moving average of $78.68.

CF Industries (NYSE:CF - Get Free Report) last released its quarterly 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 firm had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.28 billion. CF Industries had a net margin of 19.45% and a return on equity of 14.57%. The business's revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.85 EPS. On average, analysts forecast that CF Industries Holdings, Inc. will post 6.19 earnings per share for the current year.

CF Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.37%. CF Industries's dividend payout ratio (DPR) is presently 31.65%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Mizuho lifted their price target on CF Industries from $76.00 to $93.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 9th. Wells Fargo & Company lifted their price target on CF Industries from $88.00 to $92.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 24th. UBS Group lifted their price target on CF Industries from $80.00 to $85.00 and gave the stock a "neutral" rating in a research report on Monday, August 26th. Barclays lifted their price target on CF Industries from $90.00 to $96.00 and gave the stock an "overweight" rating in a research report on Friday, October 11th. Finally, Scotiabank boosted their target price on CF Industries from $80.00 to $88.00 and gave the stock a "sector perform" rating in a research report on Monday, August 12th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $88.42.

Insider Activity at CF Industries

In other CF Industries news, EVP Susan L. Menzel sold 2,000 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the executive vice president now directly owns 66,268 shares in the company, valued at $5,964,120. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, VP Ashraf K. Malik sold 7,201 shares of the stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $90.02, for a total transaction of $648,234.02. Following the completion of the transaction, the vice president now directly owns 29,211 shares in the company, valued at approximately $2,629,574.22. This represents a 0.00 % decrease in their position. 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 that occurred on Friday, October 4th. The shares were 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 $5,964,120. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by corporate insiders.

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.